Echelon logistics operating arrangements accomplish which of the following?

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Terms in this set (60)

The work of logistics involves

transportation, inventory, order processing, warehousing, and facility network design

The goal of logistics is to

support procurement, manufacturing, and customer accommodation

In 2016 US business logistics costs represented what portion of Gross Domestic Product (GDP)?

7.5%

Facility network design is concerned with which of the following?

How many buildings.
The location of the buildings.
The ownership structure of the buildings.
All of the answers******

Logistical operations have two main flows

inventory and information

Which one of these concepts is not part of logistical integration objectives?

Using less parcel shipping.

Logistics is

- the process that links supply chain participants into integrated operations
- the catalyst of activity between different supply chain functional areas such as procurement and warehousing
- a critical component to supply chain success
- concerned with getting the right product to the right place at the right time, at minimum cost
***All of the above**

Performance cycle uncertainty has the following trait:

the larger the variance to desired goal, the bigger the impact

Total Cost Logistics Model takes into consideration

all expenditures necessary to perform logistical requirements

Echelon logistics operating arrangements accomplish which of the following?

Utilize warehouses to create inventory assortments and achieve consolidation economies.

The three factors fundamental to transportation performance are

cost, speed, and consistency

Supply chain synchronization attempts to achieve which of the following?

Coordinate multiple firms activities across the supply chain.

The more significant the service ______ impact upon a customer's business, the greater the priority placed on error free logistical performance.

failure

Direct logistics operating arrangement accomplish which of the following?

Ship products direct to the consumers destination from one or more locations.

Since 2007 total US business logistics costs have

increased dramatically, by more than 10%

The logistics value proposition is

the unique commitment of a firm to an individual or customer group

The key element of order process is

achieve accurate information to support logistics performance

Warehousing, Materials Handling, and Packaging are unique in the sense that they

are an integral part of the other logistics areas

Combined logistics operating arrangements do which of the following?

Use both direct and echelon logistics solutions depending on the specific needs.

Performance cycles contain which of the following?

Inputs and outputs.

When a firm "spot stocks" inventory they are engaged in

placing inventory in a local warehouse in anticipation of future need

Which type of material handling system typically has the highest fixed cost and the lowest variable cost?

Automated.

One function of a distribution warehouse is consolidation, which means the facility is being used to

group small inbound shipments into one large outbound shipment

A firm that supports an automotive assembly plant by providing just-in time inventory is engaged in

sequencing

A firm that groups small shipments for delivery to a retail mall is doing

pooled delivery

When orders are shipped directly to the customer, it is called

drop shipping

Which of the following is not an objective of industrial packaging?

Advertising.

Which of the following material handling systems offers the most flexibility?

Information directed.

Which of the following is not a benefit of public warehousing?

Typically unionized.

Public warehouses typically have

low fixed and high variable cost

Best warehousing practice is to

allow the fast moving product to move quickly through the warehouse

Which of the following is the rationale for plastic packaging?

Sustainability.
Protection from dropping.
Lower transportation cost.
All of the choices are correct.****

A company which has limited experience in warehousing who has a need to establish temporary warehouse facilities in multiple cities would most likely use:

Public warehouses

The four economic benefits of warehousing are:

Consolidation, sorting, seasonal storage, and reverse logistics

When a firm "spot stocks" inventory they are engaged in:

Placing inventory in a local warehouse in anticipation of future need

"Slotting" a warehouse means:

Products are assigned a specific warehouse location

The use of a Warehouse Management System(WMS) to route fork trucks on-demand is called:

Task Interleaving

A disadvantage of RFID tags versus UPC codes is that RFID is more expensive

true

The warehouse functionality of sorting means that products are being assembled in custom assortments to meet the needs of specific orders.

true

The best approach to developing a distribution warehouse is to locate a vacant building and then design a material handling system that will work in that structure.

false

Declining transport rates per unit of weight as the weight shipped increases represents

economy of scale

The Jones Company learned that several other shippers located in its hometown had customers located in the same markets it serves. With this information, Jones could find it advantageous to investigate the potential of

pooled delivery consolidation

There is increasing consolidation for the major logistics and supply chain service providers. Which of the following is the major justification for this consolidation?

To offer a broad platform of integrated services.

Which of the following are the major reasons for supply chain outsourcing?

- To take advantage of operational economies of scale.
- To provide more flexibility regarding capacity.
- To allow the firm to outsource non-core activities.
All of the choices are correct.****

Which of the following transportation modes is the best for end-to-end delivery?

Motor

Which of the following is NOT a driver of consolidation in the third-party logistics industry?

Manufacturing capability.

An organization that provides non-asset-based global network, inbound and outbound optimization is generally characterized as

4PL or logistics integrator

If you want the consignee to be responsible for goods while they are in-transit you should ship products.

to FOB origin

Economic regulation of transportation includes all the following, EXCEPT

regulation of drivers

Which of the following is not an example of transportation safety regulation?

Transitioning from stage three to stage four diesel engines to reduce emissions.

Which of the following is not a characteristic of a global supply chain?

Increased standardization.

The tapering principle of transportation rates suggests that

transportation charges increase at a decreasing rate with distance traveled

To facilitate classification of a large variety of different items being shipped on a single invoice or order, a traffic manager may want to consider

FAK (freight-all-kinds) rates

Which of the following modes of transportation has high fixed and low variable costs?

Rail.

The majority of the laborers for 3PL and 4PL organizations are typically

non-union

Which of the following modes of transportation has low fixed and high variable costs?

Air.

Which of the following is not an argument for using best of breed software products?

Solution integration.

Ocean transportation from Asia to the west coast of the US would typically require how much time?

Two months.

Logistics and supply chain outsourcing in North America is a ______ industry.

growing

The document that lists and details the contents and conditions of a shipment is called

the bill of lading

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Which of the following activities are key parts of logistics?

The five elements of logistics.
Storage, warehousing and materials handling..
Packaging and unitisation..
Inventory..
Transport..
Information and control..

What do logistics systems provide?

A logistics management system underpins that effort and includes inbound and outbound transportation management, warehouse management, fleet management, order processing, inventory control, supply and demand forecasting, and managing third-party logistics (3PL) service providers.

Which type of logistics ensures that each machine in a plant has the right material in the right quantity at the right time?

The term production logistics is used to describe logistic processes within The Textile industry. The purpose of production logistics is to ensure that each machine and workstation is being fed with the right product in the right quantity and quality at the right time.

Which activity is a part of logistics management?

Logistics management activities typically include inbound and outbound transportation management, fleet management, warehousing, materials handling, order fulfillment, logistics network design, inventory management, supply/demand planning, and management of third party logistics services providers.