Business Logistics – Exam 1, Questions and Verified Answers

BUSINESS LOGISTICS
EXAM 1 QUESTIONS
AND VERIFIED
ANSWERS

, BUSINESS LOGISTICS EXAM 1 QUESTIONS AND VERIFIED ANSWERS

2 SCM capabilities modles - - Answer --Efficient
Responsive

3 flows of Supply Chain - - Answer --Information, Products and Service, Return/Recycling

3 levels of - - Answer - - focus - - Answer --- - Answer - - Success 3 great

- - Answer - - Satisfaction 2 good

- - Answer - - Services 1 bad

6 gaps of - - Answer - - satisfaction - - Answer --Knowledge
Standards
Performance
Communicaitons
Perception
Satisfaction/quality

6 Objective of of Logistical Integration - - Answer --Responsiveness
Variance Reduction
Inventory Reduction
Shipment Consolidation
Quality
Life Cycle Support

6 Rs off - - Answer - - Service - - Answer --Right amount
Right Product
Right Time
Right Place
Right Condition
Right Price
Right Information

8 integrative management processes - - Answer --Demand planning and responsiveness,
- - Answer - - relationship collaboration,
Order fulfillment/service delivery,
Product, service development launch,
Manufacturing customization,
Supplier relationship collaboration,
Life cycle support,
Reverse logistics.

Achieving - - Answer - - Success Requires Knowledge Individual - - Answer - - Requirements - - Answer --
Not all - - Answer - -s have the same requirements