WorksheetsMID-TERM TEST 3 - LOGISTICS
Total questions: 10
Worksheet time: 5mins
Including a wide range of services means
outsourcing
comprehensive
consolidation
requirements
A concept of reducing inventories by co-ordinating the delivery of materials just before they are needed is called
procurement
lead time
just in time
customer order cycle time
An intermediary between manufacturers and retailers who buys in large quantities and resells in smaller quantities is called
retailer
wholesaler
supplier
customer
The grouping of small shipments into one container means
1. outsourcing
2. comprehensive
3. consolidation
demand
Selecting and assembling items from stock for shipments mean
order picking
collection
break-bulk
transshipment
An offer for goods or services that follows a request for a quotation made by an official body, e.g. local government
buffer stock
factory gate pricing
supply chain
tender
Company which provides parts or services to another company is called
supplier
carrier
consignee
freight forwarder
The need for particular goods or services means
outsourcing
consolidation
demand
competition
Reducing costs per unit by increasing production means
economies of scale
buffer stock
supply chain
tender
Receiving and storing goods mean
reverse logistics
order-picking
warehousing
collection
