NIGP CPP Focus Areas 4-7 Combined 2023 Questions and Answers

Logistics Management - ANSWER-The discipline responsible for the movement, routing, distribution, transportation, and coordination activities that apply to goods delivery and/or service performance. Mode - ANSWER-The type of average that indicates the most frequent instance of a number or happening. The number in a distribution that occurs most frequently. Carload - ANSWER-The minimum weight, as defined by law, of a shipment entitled to a reduced freight rate. The shipment amount that fills a freight car (or truck). A load that fills the maximum capacity of a transporting unit. Truckload - ANSWER-A quantity of freight to which truckload rates apply; indicates full truckload as opposed to LT (less than truckload) shipment. Motor carriers will charge less per Cwt if a shipper is moving full truckloads (TL). Third Party - ANSWER-Generally, a contractor or supplier who ultimately receives monetary payment (grant funds) from the grantee as a result of rendering contractual goods or services in satisfaction of a contract that was funded by the grant. latent damage - ANSWER-occurs when a device is partially degraded during manufacturing and handling, yet it meets product test specifications and is ultimately shipped to a customer demurrage - ANSWER-a fee charged by a carrier against a consignee, consignor, or other responsible party to compensate for the detention of the carrier's equipment in excess of allowable free time for loading, unloading, reconsigning, or stopping in transit. The term is also used by suppliers of material delivered in a variety of returnable containers, such as gas cylinders, rail containers, and equipment dunnage - ANSWER-loose wood, matting, or similar material used to keep a cargo in position in a ship's hold Freight on Board (FOB) - ANSWER-a term in international commercial law specifying at what point respective obligations, costs, and risk involved in the delivery of goods shift from the seller to the buyer under the Incoterms standard published by the International Chamber of Commerce 3PL (Third Party Logistics) - ANSWER-This is the term for a third-party logistics provider that manages the transportation needs of another organization