LOGISTICS 5

Which of the following are 7R's in logistics?

• Right Time

• Right Quality

• Right Quantity

• Right Packaging

• Right Condition

_______ and ______ deserve to get the best value for every product bought.

• Consumer

• Supplier

• Shareholders

• Customer

Technology and data are already very well integrated into supply chain management.

• true

• false

Process by which two or more parties arrive at an agreement which satisfies all involved parties

• a)        Contract administration              

• b) Negotiation

• c) Management alignment 

• d) Contract

Choice of transportation consider factor such as type of operation, types of load, distance to be travelled, physical features, weight and other legal considerations

• a)        Delivery               

•   b) Transport

   

• c) Transportation and Delivering       

• d) Vehicular Management

The process of goods and services are ordered

•  

  a)        Purchasing                                                       

   

      

• b) Procurement

• c) Order taking                                                

• d) Order processingent

      A critical outcome of the supply chain is to deliver

• a)        cost/value          

•         b) profits

• c) the right product to the right place                  

• d) on management's expectations

Which of the following are types of documentary credit

• Stand by Credit

• Revocable Credit

• Transferable Credit

• Red Clause Credit

• Revolving Credit

Which of the following are the RMCD vision and mission?

• Trust

• Speed

• Dynamics

• Integrity

• Quality

Which of following are Kaizen Principle ?

i.    Get Employees Involvement

ii.    Improved Service and Product Quality

iii.     Raising the Standard

iv.         Problem Identification

v.    Job Satisfaction

 

• All of Above

• ii only

• i , ii , iii and iv

• i , iii and iv