Topics include location decisions, integrated logistics and distribution management, total cost analysis, inventory holding costs, mission in logistics management, costing and profitability analysis, and customer profitability analysis. Sep 13, 2023 · As a Senior Logistics Manager, you’ll be expected to use data and analytics to improve the efficiency of your organization’s supply chain. What are the 5 forms of utility that add value to a product? Explain each BRIEFLY. 1. Fixed Order Interval Model. Form-. Logistics management is the planning, coordination, and execution of the movement and storage of goods, products, and resources from one place to another. Question 15. Logistics Management Definition. Put items in their assigned places. 2. use ABC analysis for customers and products. 6- right time. ( Multiple Choice) 5- right condition. Optimize, excel, and deliver with precision. combining shipments from a number of sources into one larger shipment going to a single location. Explore the impact of new information technologies on production systems and the need for reduced time to market and higher flexibility. supply chain. Quiz yourself with questions and answers for Global Logistics Management Quiz #1, so you can be ready for test day. Transportation mode selection. Authorizes that the trade partners are authorized economic operators. The management of resources in a company's supply chain across at least one international border. Describe your experience with budgeting and cost control for logistics operations. customer. Study with Quizlet and memorize flashcards containing terms like The term referring to product distribution channels that involve the integration of brick-and-mortar retail store locations and online/mobile retail is: inbound logistics intermediate movement omni-channel retail physical procurement materials management, Which activity is NOT a primary responsibility of logistics management? Sep 3, 2023 · 11. companies that provide a range of logistics services. -Volume + Consistency -Technology + Consistency -Rates + Consistency -Volume + Good Relationships -Volume + Value Density, Carriers will give you better rates if you give them revenue miles in ______________. __ objective in logistics ensure a proper balance between total logistic cost and a desired level of customer service performance. Rate this question: 6. By considering factors such as distance, time, cost, and the nature of the goods being transported, efficient transportation ensures that the delivery route is optimized for timely and cost-effective delivery. Explain what design in CA made in China means as it relates to global logistics. Eight Major data files are critical to logistics operations. Red flags Be cautious of candidates who lack communication skills, have no experience with automated systems, or are unfamiliar with compliance standards. c) The time between placing an order and receiving it. Question 17. Essentially, a 3PL is defined as an external supplier that performs or manages the performance of all or part of a company's logistics functions. CSCMP Definition of supply chain management. 1 pt. 3, so you can be ready for test day. Find other quizzes for Business and more on Quizizz for free! 112 Multiple choice questions. Already have an account? Week 1: Logistics and Supply Chain Management quiz for University students. logistics. Multiple Choice. Aug 14, 2023 · This comprehensive quiz covers the fundamentals of logistics, a critical field with applications in diverse industries. Test your knowledge of business logistics and supply chain management with this quiz based on the teachings of Dr. Quiz yourself with questions and answers for Logistics Management - Midterm (Quiz #2), so you can be ready for test day. Find other quizzes for English and more on Quizizz for free! Test your knowledge of logistics management with this quiz! Discover how well you understand the efficient flow of goods, services, and information in the supply chain. May 18, 2022 · TOP 100+ Logistics Management MCQ with Answers PDF By Pulakesh Nath on May 18, 2022. Trouvez d'autres quiz pour Other et plus sur Quizizz gratuitement! Aug 20, 2023 · 5. Mar 30, 2024 · Discover the intricacies of global logistics and operations with our Supply Chain Management Quiz. External suppliers. Quiz yourself with questions and answers for Logistics Management - quiz 1. Supply chain management (SCM) is the application of skills and knowledge to integrate the flow of materials, service, information, and finances throughout the entire supply network. When it comes to supply chain management, there's one goal in mind: getting the right product to the consumer in the most efficient and cost-effective way possible. Logistics Management Chapter 4. Don't refresh. Addressing Logistical Problems. Logistics is about 7 things: Logistics Management: Key components: warehousing and inventory management, procurement management, and transportation management. Explore key Test your knowledge of key concepts and challenges in logistics and supply chain management with this quiz. Explore key concepts and essential resources managed in logistics. Explore quizzes and practice tests created by teachers and students or create one from your course material. Discuss how it can impact logistics. inventory- stock of goods. Mar 4, 2024 · 6. Test your knowledge of logistics management with this quiz! Discover how well you understand the efficient flow of goods, services, and information in the supply chain. Dispose of trash immediately in proper containers. Study with Quizlet and memorize flashcards containing terms like Supply Chain Management, logistic management, inbound logistics and more. ( Multiple Choice) Physical logistics and distribution are considered to be __________ terms. Ideal for students studying supply chain management or pursuing an MBA with a focus on logistics. 2020) by ExxpertSCM and the APICS Logistics Management - quiz 1. All of the following are components of a logistics system except: Question 14. ports are critical part of global supply chains and also major focus of global security. Perfect for students, professionals, and anyone interested in understanding the complexities of modern supply chains. firm owns its own equipment. Challenge yourself and enhance your understanding of this vital component of 64. Situational judgement tests. -Buyer can concentrate on its core business processes. Test your knowledge and understanding of the logistics cycle and its various components. part of supply chain management that plans, implements, and controls the flow or storage of goods, services, and related information to meet customers requirements. Right Delivery. Don't know? 6 of 6. Study with Quizlet and memorize flashcards containing terms like Logistics equals, Logistics is neither glamorous or sexy, Supply Chain Management is defined as and more. connect to transportation exchanges to assess carrier availability and pricing. . (b) inventory reduction. __ requires cradle –to –cradle logistics. Learn about suppliers, manufacturers, distributors, retailers, inbound and outbound logistics, information systems, cost management, value chain analysis, and more. Evaluate your understanding of key concepts and practices in logistics and supply chain management. Answer: "Managing end-to-end supply chains and collaborating with suppliers, manufacturers, and distributors has proved beneficial. accumulate 450 points or more. Explore key concepts such as the efficient flow of goods, services, and information, as well as the role of logistics management in holding the supply chain together. Internal functions. 3 of 52. Mastering this subject will help you to crack the Logistics Management section of almost every competitive exam easily. Master logistics orchestration: supply chains, inventory finesse, seamless operations. (a) Right value. We are happy to announce that the 1st winner will get a free seat to “Contemporary Logistics Management” – A 30 hours online certification program for 4 weeks (Every Saturday full day starting from 18. Hesham Tolba. Logistics managers need to be able to anticipate, plan, and manage the costs associated with the transportation of goods. Encompasses the planning and management of all activities involved in sourcing and procurement demand and replenishment, and all logistics management activities including customer service. May 7, 2019 · To gain a better understanding of supply chain management, take this 13-question quiz and ensure you have a firm grasp of the key terms and processes it encompasses. Which one refers to the information regarding all open orders in some stage of processing or fulfillment by the firm? Test your knowledge about logistics with this quiz covering supply chain management, logistic growth models, logistic distribution, logistic regression, and logistic functions. Supply Chain in a business aim to the following contributions: Achieve maximum customer service level. 2 & 1. To earn an "A" in logistics students need to. Answer 50 questions in 15 minutes. Logistics Management Questions with Answers. The management of inbound supply chain flows to the firms. View all tests. Business Logistics Management. LMF focuses on the efficient flow and storage of goods within the supply chain, dealing with specific tasks like transportation, storage, and fulfillment. Test your understanding of the fundamentals of logistics and supply chain management with this quiz. A global, industry-wide process for trading partners to increase forecasting effectiveness through using joint business planning process and a common interface. View Answer. If you are not ready to take this test, you can study here. If you're applying for a logistics management position, you might face some common interview questions that test 1. seven rights of logistics. Logistics Management creates value for firms by. The process of planning, implementing and controlling the efficient, cost effective flow and storage of raw materials, in-process inventory, finished goods and related information from point of origin to point of consumption for the purpose of conforming to customers’ requirements. Challenge yourself and enhance your understanding of this vital component of supply chain management. These activities include inventory control and management Study with Quizlet and memorize flashcards containing terms like ______ + ______ = Rate bargaining power when negotiating rates. Be flexible in the constant market changes. Operations involve retail and warehouse processes, cost-per-touch inventory strategy, and minimizing touchpoints. Term. conditions which must be present for successful supply chain management include: cooperation among firms. (d) responsiveness. Quiz yourself with questions and answers for Transportation and Logistics Management Exam 1, so you can be ready for test day. Monitors C-TPAT compliance. Dec 13, 2023 · Question 3) Describe your experience with supply chain management. A type of logistics costing. Logistics and Supply Chain Management quiz for Professional Development. Quiz yourself with questions and answers for Logistics Management Quiz Questions, so you can be ready for test day. Determine an inventory level, at which to reorder the EOQ. Definition. The role involved demand forecasting, which optimised inventory levels and reduced carrying costs by 15%. Logistics Management MCQ with Answers PDF: Logistics Management MCQ with answers is one of the most important subjects in Logistics Management. The Term Logistics is derived from a Greek Word Logistike which means _________. Risks and uncertainties are inherent in logistics, given the complexity of supply chain networks. Key Activities. With global business dynamics Explore the network of organizations, activities, and technologies involved in producing and delivering goods or services from origin to consumption. A: Safety is paramount in any warehouse operation. The process of international logistics can seem complicated, but this quiz and worksheet combo Jul 15, 2020 · This quiz is completely free and will be live from 07. 3. Jul 8, 2024 · Port & logistic infrastructure. b) The time it takes to produce goods. Nov 20, 2023 · While logistics management functions (LMF) are integral to supply chain management (SCM), they have distinct roles. Time-. Inbound logistics involves in-store logistics management and inventory management. Question 16. Questions delve into core concepts such as supply chain operations, transportation, inventory management, and process optimization. Explore topics such as competitive advantage, global operations, supply chain principles, and the impact of globalization on supply chain management. Explore key concepts such as the process of planning, implementing, and controlling procedures for transportation and storage of goods, including services and related information. the planning and management of all activities involved in sourcing and procurement, conversion, and all Logistics Management activities. ( True/False) Study with Quizlet and memorize flashcards containing terms like According to the textbook, the keys to successful supply chain management include trust, cooperation, collaboration, and honest, accurate communications between supply chain partners. product. Test your knowledge and skills in optimizing supply chain processes, managing inventory, mitigating risks, and enhancing overall efficiency. As a logistics management specialist, your ability to anticipate, manage and mitigate risks can significantly impact the efficiency and effectiveness of operations. Safety stock is only need to protect during order lead times. Explain your approach to risk management in logistics. All suppliers providing materials or services to manufacturing or service organizations, including the suppliers' suppliers. Weight, cost per unit, value of item, speed. To better understand the logistics management specialist's view on the current state of the transportation industry and what challenges may need to be addressed in the future. A network of highways connecting Indias four metropolitan cities. 20. Coordinating flows and operating flows. Supply Chain Orientation (SCO) Click the card to flip 👆. Science of Computing and calculating. Click the card to flip 👆. What does the term “lead time” refer to in supply chain management? a) The time taken to lead a meeting. strategy and planning. ANSWER: Finance has become increasingly important to logistics and supply chain management during the last decade. SCM encompasses a broader scope, including sourcing materials, production Warehousing also plays a critical role in reducing transportation costs by allowing for consolidation of shipments and reducing the need for frequent, small shipments. -value added by changing form of the product (taking raw materials and making an iPhone). Nov 21, 2023 · Logistics involves a large variety of activities that help ensure goods, services, and information flow efficiently throughout a business. To pass a supply chain management job assessment, it is important to showcase your knowledge and skills in areas such as logistics, inventory management, and procurement. Q30. Logistics Management Final Exam. Here’s what else to consider. includes 46 of 46. Test your knowledge on inventory management, supply chain management, and logistics analysis. Report loose flooring or tripping hazards. The recognition by an organization of the sustemic, strategic implications of the tactical activities involved in managing the various flows in a supply chain (understanding that you are part of a supply chain) Click the card to flip 👆. Keep cord and wires off the floor. A kind of transportation where no empty wagons or containers are bought back. Examine cost/ revenue trade offs. utility- economic term used to describe perceived value. That part of supply chain management that plans, implements and controls the efficient, effective forward and reverse flow and storage of goods, services and related informations between the point of origin and the point of consumption in order to meet customers' requirements. Documentation. Outbound logistics involve presenting products in showrooms and allowing customers to pick desired products. Explore the essential concepts and mathematical models used in the field of logistics. CPFR Process. Learn about warehouse management systems, inventory control, equipment management, freight carriers, and logistic service providers. Covering important concepts such as the supply chain, business philosophy, and global market development, this quiz will help you assess your understanding of key principles in business logistics. Seven Rs of logistics: right product, right quantity, right condition, right place, right time, right customer, and right cost. 6. Question 9 ( True/False ) Logistics Management 3380 Final Exam. Between 2010 and 2011, the annual cost of logistics increased by approximately. Logistics Management Quiz # 1 quiz for University students. This quiz offers a comprehensive examination of supply chain principles, from procurement and production to distribution and customer service. 2020. They are particularly useful for aspirants of business, commerce, and management studies who are preparing for their competitive exams. Result: more efficient inventories and less out of stock, drive more sales for both retailer and manufacturer. This is a study tool. Inbound logistics: receiving, storing, and distributing raw materials and goods; Outbound logistics: storing, transporting, and delivering The goal of logistics is to allow a company to be more efficient and effective. Purchasing, manufacturing, transportation, retail stores b 1. Sep 6, 2023 · A good Logistics Manager candidate is well-versed in supply chain management, has excellent organizational skills, and is proficient in using automated systems for better efficiency. Depending on demand, the interval between orders varies, but not the quantity ordered. Engineering tests. Quiz your students on LOGISTIC MANAGEMENT 1 practice problems using our fun classroom quiz game Quizalize and personalize your teaching. -Both cash and prizes -Both cash and bonuses -More Logistics Management handles the acquisition, storage, transportation, and distribution of materials, ensuring the right products are delivered to the right place at the right time. Assess decision-making skills. Be the first to add your personal experience. A. transparency. ( True/False) The systems concept is one of three major logistics concepts used by international management and is based on the notion that materials-flow activities within and outside the firm are so extensive and complex that they can be considered only in the context of their interaction. Quiz yourself with questions and answers for Transportation, Logistics and Supply Chain Management Quiz, so you can be ready for test day. To gain insight into the logistics management specialist's opinion on the challenges facing transportation managers today. The FOUR important elements of the supply chain are: Supply, operations, logistics, integration. Evaluate technical expertise. Ques. Jun 26, 2024 · Supply chain management (SCM) Management of the flow of materials from suppliers to customers in order to reduce overall cost and increase responsiveness to customers. 30 seconds. Don’t leave sharp tools or cutters perching out. (Involves "rights": the right product, right way, right quantity, right quality, right place, right time, right customer, and right cost. This test can help you identify individuals with hands-on experience and knowledge of Supply chain and Logistics activities that make strong error-free. part of the supply chain that plans, implements, and controls the flow and storage of goods and services to meet customer's requirements. Enterprise Resource Planning. combining small orderes or shipments into one larger shipment to take advantage of transportation economies. Test your knowledge of warehouse management and its role in a logistics system with this quiz on Chapter 5 of BSSL1208 Principles of Supply Chain and Logistics Management 1. collaboration. This question is designed to test your analytical skills, your problem-solving abilities, and your capacity to make data-driven decisions that positively impact the business. Jun 17, 2023 · Management document from Ashford University, 7 pages, 6/11/23, 2:12 PM Week 3 - Quiz: MGT400: Logistics Management (MGH2321A) Week 3 - Quiz Due Jun 11 at 11:59pm Time Limit 120 Minutes Points 10 Questions 10 Instructions Prior to accessing this week's quiz, you should complete all assigned readings for the w Test your knowledge of logistics management with this quiz covering definitions, activities, evolution, and the role of logistics in today's competitive market. Definition of Logistics. (a) quality. What are 3 ways in which to improve the sustainability of logistics and supply chain systems. how does logistics create value. conduct a customer service audit. Test your knowledge of logistics and supply chain management with this quiz. efficiency- measure of how well resources are used. what are the types of logistics networks or channels. I understand the importance of following all safety protocols, including wearing proper personal protective equipment (PPE), using equipment safely, and being aware of potential hazards. Third-party logistics are more suited for medium and large-sized businesses. Quiz yourself with questions and answers for Logistics Management Exam 2, so you can be ready for test day. Participants will be challenged to demonstrate their understanding of how to efficiently move Test your knowledge of logistics and supply chain management with this quiz covering key considerations for global organizations. cooperation. Logistique et Supply Chain quiz pour University étudiants. Logistics is the process of planning, implementing, and controlling procedures for the efficient transportation and storage of goods and services for the purpose of conforming to the customers requirements. 1 / 10. Gain management expertise and dedicated resources. Flexibility - seasonality, geography, test new markets. , According to the text, the FOUR important elements of the supply chain are: a. Test your knowledge of logistics management and operations with this quiz based on the NAVEDTRA 15004D Logistics Specialist course. Improving customer service at the lowest total cost. Jun 1, 2024 · Don’t block fire exits, sprinklers or fire extinguishers. Air transport is one of the oldest modes of transportation. Find other quizzes for Other and more on Quizizz for free! Logistics management is the part of ___ _____ management that plans, implements, and controls the efficient, effective forward and reverses flow and storage of goods, services and related information between the point of origin and the point of consumption in order to meet customers' requirements. 7- right quantity. Study with Quizlet and memorize flashcards containing terms like Logistics Management Definition, Logistics Outputs and Activities, Logisitics System Approach and Logistics Management (Gilmartin) Learn with flashcards, games, and more — for free. I am also familiar with common warehouse safety regulations. Tailored job assessments. Seven Rights of Logistics. Logistics. simplistic- single level network without buffer locations supplier (s) Role specific tests. Achieve minimum (possible) cost. ERP stands for. The impact that logistics and supply chain management can have upon return on assets (ROA) or return on investment (ROI) is very significant. Apr 19, 2024 · Logistics Management MCQs extensively cover the critical aspects of supply chain and logistics management, including inventory control, transportation, warehousing, and distribution, procurement, and supply chain strategy. Feb 28, 2023 · Ultimately, I strive to ensure that we’re prepared for whatever the future holds. 07. Match each statement with the correct term. For example, you can highlight your experience in optimizing supply chain processes by implementing a just-in-time inventory system that reduced costs by 20% while maintaining Jul 2, 2024 · Efficiency is used in conjunction with scale to reduce environmental effects in logistic activities by, for example, transporting and handling freight more effectively. 1 / 201. Jun 28, 2024 · Official Updated Simulator Quiz Logistics Management Specialist Gs 9 Co12144346t523198 | Employment Test exam 2024 | Management Test | Quiz Logistics Management Logistics is that part of supply chain management that plans, implements, and controls the flow of goods, services, and information between the point of origin and the final customer. Which of the following is considered a current trend in supply chain management? supply chain Q-Chat. Military Discipline. " This quiz on Logistics and Supply Chain Management covers the fundamentals of logistics, supply chain management, and key terms associated with the field. d) The time it takes to deliver goods to customers. 00 am of 15. What is logistics defined as? "Process of anticipating customer needs and wants; acquiring the capital, materials, people, technologies, and information necessary to meet those needs and wants; optimizing the goods- or service-producing networks to fulfill customer Consolidation is. 00 pm of 16. 2020 to 07. Answer: c) The time between placing an order and receiving it. $80 Billion. Here are Logistics (Supply Chain Management) interview questions and 117 of 117. ) 2. Right product, right customer, right time, right condition, right quantity, right place, right cost. -Supply Chain management continues to seek standardized definition-Logistics is part of supply chain management-Functional areas can be integrated through a process approach --w/in the firm & across the supply chain-While supply chain management is the current trend -- functional logistics knowledge never goes out of style Test your knowledge of logistics management with this quiz on the concept of logistics, evolution, differences between logistics and supply chain management, third-party and fourth-party logistics, and the role of logistics in gaining a competitive advantage. Role specific tests. Transportation. ( Multiple Choice) The channel manager's role in the firm's logistics strategy: Question 16. Logistics can positively impact ROA in several ways. - Value added by having it available at a specific demand point and time. that part of supply chain management that plans, implements, and controls the efficient, effective forward and reverses flow and storage of goods, services and related information between the point of origin and the point of consumption in order to meet customer's requirements. (c) life cycle support. All questions and answers are randomly picked and ordered every time you load a test. Ensure high product quality. 1. 4. Requires constant monitoring of inventory. Customer Service Management: Aims to create and deliver value to consumers. ”. a greater focus on _____ in managing international logistics is the result of increased goverment regulations. pa hg gt te pm td by bb hj du