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WorksheetsLogistics Mgt ME
Total questions: 58
Worksheet time: 50mins
An element of Supply Chain Management is Inventory, wherein its priority is in meeting demand requirements while the company manages its holding costs.
True
False
Characteristics that makes criteria for International transportation
Longer distance
multiple modes of transportation
cross a national boundary
regulations
none of the above
Logistics Environment
Business
Military
Civil Group
None of the above
The design and management of a system that controls the forwards and reverse flow of materials, services and information into thorough and out of international corporation.
Supply Chain Management
Logistics Management
Logistics
Supply Chain
International Logistics
The collaboration with transportation firms, or other specialists so that a company can focus on its core products
Transportation
Outsourcing Logistics Services
International Logistics
Another term for multiple modes of transportation
Intramodalism
Intermodalism
multi-modalism
Companies follow certain packaging standards to address international issues/concerns such as...
Environmental conditions
weight
size
Areas where foreign goods may be held or processed and then re-exported without incurring duties
Special Economic Zones
Foreign Trade Zones
Export Processing zones
Perspectives to Transportation include. . .
Consignee
Shipper
Carrier
None of the options
Involved with the forward and reverse flow of goods, services, cash and information.
Supply Chain
Logistics
Transportation
Elements considered as part of Logistics
Order Management
Managing Channels of Distribution
Transportation
Reverse Logistics
Customers
Elements of Supply Chain Management
Inventory Management
Suppliers
Design
Inventory
Purchasing
Elements of Supply Chain but not of Logistics
Packaging
Manufacturing
Product Development
None of the above
Facilities in Supply Chain include distribution centers, retail outlets, offices, factories and warehouses.
True
False
Supply Chain Management's goal is linking all the components of the supply chain to meet market demand efficiently across the entire chain.
True
False
Supply Chain has its elements that does not encompass Logistics. One of the elements is Quality Processes.
True
False
Logistics reflect the concept that value is added as goods and services progress through the chain.
True
False
Value chain begins with the suppliers of raw materials and extends all the way to the final customers.
True
False
An issue to be addressed in Supply Chain Management is Location in which the company needs to determine an appropriate location for its facilities.
True
False
Movement in the Supply Chain refers only to the physical movement of materials.
True
False
It is essential in the Supply Chain Management to incorporate customers, wants manufacturability, and time to market.
True
False
Processing is another aspect of Operations Management and is separate from the Supply Chain context.
True
False
Benefits of Effective Supply Chain Management
shorter lead times
higher profits
lower costs
lower inventories
none of the options
The overseeing of shipment of incoming and outgoing goods is referred to as...
Inbound Logistics
Outbound Logistics
Traffic Management
None of the options
Refers to the system for inventory management used to plan and coordinate transportation, warehousing, workers, equipment and financial flows.
Materials Requirement Planning
Just in Time
Enterprise Resource Planning
Distribution Requirements Planning
None of the Options
Refers to the movement of goods from the customers back to the suppliers / sellers.
Returns
Reverse Logistics
Backward movement
Seeks efficiency of operations through the integration of all material acquisition, movement and storage activities.
Supply Chain Management
Logistics Management
Inventory Management
Procurement Management
Refers to the process of receiving, tracking and fulfilling customer orders.
Inventory Management
Order Management
Delivery Management
Refers to the movement within a facility, overseeing incoming and outgoing shipments of goods and materials and information flow.
Transportation
Logistics
Managing Channels of Distribution
Element of Logistics which is defined as the storing of physical goods before they are sold.
Inventory
Warehousing
Supply Chain
Include functions and activities like forecasting, purchasing, inventory management, information management, quality assurance, scheduling, production, distribution, delivery, and customer service.
Value Chain
Supply Chain Management
Supply Chain
International Logistics
Logistics
Distribution system mostly used for transport of crude and refined petroleum products.
Airfreight
Trucking
Waterways
Pipelines
Include natural rivers, seas or ocean to allow navigation and serve as a route or way of travel or transport.
Railroad
Waterways
Pipelines
Trucking
Airfreight
A system that serves as a means of transferring passengers and goods on wheeled vehicles running on tracks.
Railroads
Railways
Raleroad
Raleway
The transfer and shipment of goods via an air carrier.
Trucking
Waterways
Pipelines
Airfreight
Refers to the transport, storage and delivery of goods coming into the business.
International Logistics
Outbound Logistics
Inbound Logistics
Logistics Management
The process of storing, transporting and distributing goods to customers.
Inbound Logistics
Outbound Logistics
Logistics Management
International Logistics
An element of logistics responsible for all aspects of stock control
Inventory Management
Warehousing
Inventory
Transportation
Movement within a facility would mean. . . .
from storage to the point of use
from receiving to storage
from incoming vehicles to receiving
from shipping to outgoing vehicles
An element of Logistics where one get something to where it needs to be
Transportation
Warehousing
Logistics Outsourcing
Reverse Logistics
Refers to the movement of goods
Logistics
Transportation
Supply Chain
EDI
A strategic use of outside parties to perform activities that your own company cannot do allows freedom to focus on critical business operations and enhanced customer satisfaction.
Logistics Outsourcing
International Logistics
Reverse Logistics
Which among the following are distribution systems
Airfreight
Railroads
Waterways
Pipelines
Tracking
An approach that seeks to efficiency of operations through the integration of all material acquisition, movement and storage activities.
Supply Chain Management
Logistics Management
This is a movement within a facility where in a certain step will be conducted such as the quality testing (say after series of processes within the production plant), it then moves on to the stage of keeping it aside for further movement.
from receiving to storage
from storage to the point of use
from the last operation to final storage
from the storage to packaging or shipping
Allows the proper storage of your goods
Inventory
Warehousing
Order Management
Allows the efficiency of operations through monitoring the stocks, when to replenish, what products to prioritize or which among of the products are of much value
Inventory Management
Inventory
Order Management
A reference that allows confirmation of all the transactions in the business internally or externally within and outside the nation or other nations
Reverse Logistics
Import/Export Documentation and Clearance
International Transportation
International Logistics
International Logistics Companies include . . .
DHL
UPS
FedEx
Give an example of a popular online company operating here in the Philippines that do Logistics Outsourcing
(a)
Supply Chain Facilities include. . . .
Factories
Processing Centers
Retail Outlets
Offices
A facility that allows companies to produce its products from raw materials to finished products
Warehouse
Processing Centers
Factories
Allows the collection, storage and processing of information useful to company operations and management decision making.
Information Management
Information Technology
Data Management System
Quality of goods/services are obtained through attention to every detail in the entire process of production or delivery
Quality Management
Quality Assurance
Quality Control
This pertains to the process of prescribing 'when' an operation in a process should take place including the arrangement of manufacturing activities and finished products delivery on or before due dates.
Scheduling
Supply Chain
Transportation
Logistics
An aspect of the supply chain where it is responsible for the way customers feel about the product and the company who is selling it
Customer Service
Quality Assurance
Scheduling
Customer Management
Capacity Planning means. . .
meeting demand requirements while managing the cost of holding inventory
matching supply and demand
predicting the quantity and timing of customer demand
controlling quality, scheduling work
Processing in supply chain management means. . .
controlling quality
scheduling work
deciding how to best move materials
matching supply and demand
