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Supply Chain Management > Chapter 7 Assessment Blueprint > Flashcards

Chapter 7 Assessment Blueprint Flashcards

1
Q

Define the term
business function responsible for transporting and delivering products to the right place at the right time and the right quantity throughout the supply chain (movement & storage of product inventories throughout the chain)

A

Logistics

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2
Q

T/F- Logistics connects the organization to both its customers (downstream) and its suppliers (upstream)

A

True

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3
Q

T/F- Logistics requires large investments in infrastructure (IT, vehicles, material handling equipment) – this is why many choose to outsource logistics activities to a 3PL

A

True

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4
Q

When logistics connects to its customers which way is the stream going?

A

Downstream

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5
Q

When logistics connects to its suppliers which way is the stream going?

A

Upstream

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6
Q

What are 4 functions logistics include?

A
  • Organizing & managing the distribution network
  • Determining/optimizing locations of warehouses, distributions centers, and manufacturing plants
  • Coordinating modes of transportation
  • Design & management of operations throughout the network for efficient storage & QUICK movement of goods
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7
Q

Which evolution of logistics is focused on the movement and storage of goods throughout the supply chain

A

Business Logistics

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8
Q

Which evolution of logistics is focused on supporting military needs?

A

Military Logistics

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9
Q

Which evolution of logistics involves organizing and deploying resources in preparation for an event

A

Event Logistics

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10
Q

Th impact of logistics on the organization will effect which section:
logistics interfaces closely with ops through planning the amount of inventory that must
be received at various points throughout the supply chain AND the timing of those receipts (deliveries)

A

Operations

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11
Q

Impact of logistics on the organization will effect which section: logistics works with *** to understand customer requirements, as well as storage and delivery needs. Must ensure that product is available when needed!

A

Marketing

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12
Q

Impact of logistics on the organization will effect which section: significant impact on moving/handling product, protects items from being damaged

A

Packaging

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13
Q

Impact of logistics on the organization will effect which section: logistics is responsible for large capital expenses (transportation, warehousing, inventory); performance can be assessed directly with ROA (return on assets) and ROI (return on investment) no calculations expected

A

Finance

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14
Q

T/F- Logistics supports Supply Chain Management by being responsible for one of the flows in SCM which is moving of goods or inventory

A

True

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15
Q

Logistics provides SCM with what three utilities?

A

Place
Quantity
Time

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16
Q

The process of moving products UPSTREAM from customer back towards manufactures and
suppliers; it’s non-value added and challenging; often an order qualifier

A

Reverse Logistics

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17
Q

What are the 7 logistics task?

A

Transportation
Storage
Material Handling
Packaging
Inventory Control
Order Fulfillment
Facility Location

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18
Q

What logistics tasks moves products throughout the supply chain, have a high cost, and must decide mode of transportation consider required speed, security, and product characteristics/ requirements

A

Transportation

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19
Q

What logistics tasks am I describing?
- where goods will be stored
- # of warehouses and distribution centers
- amount of inventory to store at each cente

A

Storage

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20
Q

What logistics tasks am I describing?
-loading and unloading goods from vehicles
- placement and order picking
- moving goods throughout a facility
- decide degree of automation vs. manual labor
**automated storage and retrieval systems (ASRS)

A

Material Handling

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21
Q

What logistics tasks am I describing?
- protect products during transport and storage
- compatible with material handling equipment
- compatible with mode of transportation

A

Packaging

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22
Q

What logistics tasks am I describing?
- manage quantities of inventory
- arrange for timely replenishments
- maintain accurate counts of inventory
- electronic tracking and “cycle counting”

A

Inventory Control

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23
Q

What logistics tasks am I describing?
- pick and pack order
- arrange for transportation
- ship order
- assure lead time is not exceeded

A

Order Fulfillment

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24
Q

What are the 6 modes of transportation?

A

Truck
Water
Air
Rail
Pipeline
Multimode

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25
Q

Define the term- combined use of multiple modes of transportation for product delivery

A

Multimode

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26
Q

Mode of Transportation by rail has a fixed cost and a variable cost (low, medium, high) what is the fixed and variable cost of a railway?

A

Fixed Cost- High (equipment, terminals, tracks)
Variable Cost- Low (can transport large tonnage)

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27
Q

Mode of Transportation by truck has a fixed cost and a variable cost (low, medium, high) what is the fixed and variable cost of a truck?

A

Fixed Cost- Low( highways publicly supported)
Variable Cost- Medium ( fuel, maintenance, labor)

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28
Q

Mode of Transportation by water has a fixed cost and a variable cost (low, medium, high) what is the fixed and variable cost of water?

A

Fixed Cost- Medium ( ships and equipment)
Variable Cost- Low ( can transport large tonnage)

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29
Q

Mode of Transportation by pipeline has a fixed cost and a variable cost (low, medium, high) what is the fixed and variable cost of a pipeline?

A

Fixed Cost- High ( right-of-way, construction)
Variable Cost- Low ( no labor cost)

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30
Q

Mode of Transportation by air has a fixed cost and a variable cost (low, medium, high) what is the fixed and variable cost of a air?

A

Fixed Cost- High ( aircraft, handling, cargo)
Variable Cost- High ( fuel, labor, maintenance)

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31
Q

Multimode mode of transportation can also be called

A

Intermodal

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32
Q

When several modes are often combined for
optimal cost and customer service by
leveraging the advantages of each this mode of transportation is called

A

Multimode

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33
Q

Who are the top 5 container ports in the world?

A

Shanghai, China
Singapore
Ningbo-Zhoushan, China
Shenzhen, China
Guangzhou Harbor, China

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34
Q

What is the top US port?

A

Los Angeles

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35
Q

What is the top US port in the east coast?

A

New York- New Jersey

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36
Q

Top 5 in the US

A

LA
Long Beach
New York- New Jersey
Savannah

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37
Q

What is Savannah’s port ranked in the US

A

4th

38
Q

How are the North American Railroad Systems separated by class?

A

Revenues

39
Q

Class 1 KNOW

A

revenue> $900 million (adjusted annually)
is regulated by the Surface Transportation Board (STB)
7 freight rail companies currently established
- BNSF, Canadian National, Canadian Pacific, CSX, Kansas City Southern, Norfolk Southern, Union Pacific
Account for 68% of freight rail mileage, 88% of employees, and 94% of revenue

40
Q

Class 2 (Regional) KNOW

A

Revenue> (greater than) 40.4 million and < (less than) 900 million

41
Q

Class 3 (Local) KNOW

A

Revenue< (less than) 40.4 million

42
Q

TOFC stands for?

A

Trailer on Railroad Flatcar or “piggyback”

43
Q

COFC stands for?

A

Container on railroad flatcar

44
Q

the practice of carrying semi-trailers on railroad flatcars is known as

A

TOFC

45
Q

a container that is transported on a rail flatcar is known as?

A

COFC

46
Q

What is the difference between international shipping containers and domestic shipping containers?

A

Domestic shipping containers are generally larger, while international containers are standard TEU’s

47
Q

Which shipping container has standard lengths of 20 feet (1-TEU – twenty foot equivalent unit) and 40 feet (2- TEU’s or sometimes referred to as FEU – forty-foot equivalent unit)

A

International Shipping Containers

48
Q

What are the dimensions of a TEU?

A

20’ long x 8’ wide x 8’ high

49
Q

Which shipping container can be described as generally larger than other shipping containers and the standard lengths of the container is 48 feet and 53 feet

A

Domestic Shipping Containers

50
Q

What are the measurements of domestic shipping containers?

A

53’ long x 8’6” wide x 9’ 6”

51
Q

What does LTL stand for?

A

Less than truckload

52
Q

T/F- Freight doesn’t require use of an entire trailer on an LTL

A

True

53
Q

What does TL stand for?

A

Truckload or Full Truckload

54
Q

T/F- Truckload freight shipments need the entire space (cube out) or weight limit ( weight out) of a truck’s trailer

A

True

55
Q

T/F- Warehouses provide a centralized location that stores and organizes inventories before distribution

A

True

56
Q

Define the term- provides a centralized location that stores and organizes inventories before distribution

A

Warehouses

57
Q

Warehouses are often referred to as

A

Distribution Centers

58
Q

Warehouses enable efficient movement of goods on both the inbound and outbound sides

A

Just Know

59
Q

T/F- JIT and lean manufacturing warehouses can be proximal to the manufacturing facility for frequent deliveries and Warehouses can be utilized to create product assortments

A

True

60
Q

What are some non traditional warehouse tasks?

A

-repairing items
- adding labels and price tags
-sequencing items in preparation for the retail floor
- put garments on hangers

61
Q

A popular form of warehouse
sorting that attempts to move products “cross the dock” from inbound to outbound, without ever being stored

A

Cross-Docking

62
Q

Based off of the characters what term am I describing?

  • arriving larger shipments are broken into smaller shipments for local delivery
  • requires precise timing and coordination
  • information technology tracks inventories
  • especially used in retail industry
A

Cross-Docking

63
Q

FIGURE 7.7 Explain Cross-Docking

A

Manufacturer A,B and C flow toward the warehouse
The warehouse then flows toward the retailers A,B,and C

64
Q

Cross Docking Terminal can be described as

A

Inbound (receiving- sorting- shipping) to Outbound

65
Q

What are you considering when you look at these factors?

  • proximity to customers or manufacturing facilities
    – availability of infrastructure and access to transportation
    – cost and availability of labor
    – overall business climate including tax structure
A

Facility Location

66
Q

What is the method to determine warehouse location?

A

Factor Rating

67
Q

A popular quantitative technique to help determine warehouse and distribution center location
- evaluates multiple location alternatives based on several factors

A

Factor Rating

68
Q

T/F- Multimode or Intermodals is commonly used for 4PL providers

A

False- Common for companies to use third-party-
logistics (3PL) providers

69
Q

Which shipping term indicates at what point the respective obligations, costs, risk (i.e. – contractual terms) involved in the delivery of goods SHIFT from the seller TO the buyer

A

FOB- Free On Board

70
Q

Which freight term indicating the seller is responsible for the cost, marine insurance, and the freight charges on an OCEAN shipment of goods

A

CIF- Cost, Insurance, Freight

71
Q

An organization that helps match carriers to freight, adding value by helping the shipper and carrier obtain better rates and more fully utilize their capacity and equipment is known as?

A

Broker

72
Q

The process of a transportation vehicle returning from the original destination point to the point of origin is known as

A

Backhauling

73
Q

The return of an empty transportation container to its point of origin can be known as

A

Deadhead

74
Q

A way to measure the transportation of freight; Heavily used in rail and ship transportation modes; weight being transported (in tons) x distance traveled (in miles) is known as

A

Ton-mile

75
Q

Motor carrier operation that reflects transporting between cities or states (long distance) is known as

A

Over-the-road

76
Q

Which logistics provider is a commercial firm that provides one or more logistics functions on behalf of its customers on an outsourced basis for a fee

A

Third-Party Logistics (3PL)

77
Q

How do you become a 3PL?

A

the logistics service provider
(LSP) must predominantly operate a business
that moves, stores or manages products or
materials on behalf of its customer, in some
manner, without taking ownership of such
products or materials

78
Q

The use of two or more different carrier modes in the movement of a shipment is known as?

A

Intermodal Transport

79
Q

Combined use of multiple modes of transportation for product delivery is known as

A

Multimode

80
Q

T/F- The 4PL organization is often a separate entity formed by a joint venture or other long-term contract between a client and one or more partners

A

True

81
Q

T/F- The 4PL organization is an interface between client and multiple logistics service providers

A

True

82
Q

T/F- Ideally, all aspects of the client’s supply chain are managed by the 4PL organization

A

True

83
Q

T/F- It is impossible for a major 3PL organization to form a 4PL organization within its existing structure

A

False- It is possible for a major 3PL organization to form a 4PL organization within its existing structure

84
Q

What logistics provider manages all aspects of a supply chain including resources, technology, and
infrastructure

A

4PL’s ( Lead Logistics Providers)

85
Q

T/F- 4PL’s manage 3PL’s on behalf of their clients
and serve as a single point of contact

A

True

86
Q

T/F- 4PL’s are responsible for achieving effective logistics integration where both inter- and intrafirm activities are integrated to enhance customer satisfaction and provide a competitive advantage

A

False- 3PL’s are

87
Q

What are a few examples of how 3PL’s provider traditional services?

A

Transportation Management
Warehousing
International Logistics Management
Brokerage
Distribution and Fulfillment
Consolidation

88
Q
A
89
Q

The larger the amount shipped at one time the lower the per unit cost

A

Economies of Scale
- avoid less than truck load shipments (LTL)

90
Q

The longer the distance moved at one time, the lower the per unit cost

A

Economies of Distance

Supply Chain Management (11 decks)

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