Logistics Management
the movement of goods through customs and verifies that accompanying documents are complete and accurate is known as
Contract carrier provides transportation for ______ of shippers under a specific contract but does not serve the general public
______ is a delivery system in which a single truck picks up shipments from several suppliers and the goods are delivered to a single location.
ILM stands for
______ is the grouping of secondary packaging for the purposes of protecting and bulk handling products during storage and transportation.
The rights and obligations of each party in the transport of goods is know as
Good ______ gives a firm the ability to quickly locate and pick items stored within a warehouse for subsequent loading and outbound shipment.
Logistics is the activities needed to transport, warehouse, and distribute products
______ is a service provider that performs international shipment functions.
A company that integrates and assembles the resources, capabilities, and technology is known as
Which statement is correct about Private warehouses ?
Export trading company a service provider that helps ______ locate potential importers of their products
______ systems can help keep logistics costs down, improve the satisfaction of customers, and help a firm become more competitive so as to grow its revenues.
Backorders ____.
Letter of credit is a document issued by a bank that authorizes the _____ to draw a specified sum of money
The net difference between the monetary value of exports and imports of that country during a specific period is known as
______ is a service provider that helps companies that lack the resources or expertise to ship their products abroad themselves.
Reverse logistics activities such as managing product returns,______
Which of the correct statements about Temporal aggregation ?
the material that covers and holds the product and is in direct contact with its contents is known as
Third-party logistics (3PL) providers provides to the company’s ______
Bill of lading is a document that delineates the terms of the contract between the _______ company
Package or parcel carriers is a common carriers that specialize in shipments weighing ______ pounds
Terminal is a facility where freight is moved between trucks
Secondary packaging is a outer wrappings that envelop and protect ______
______ is the process of combining customer orders over a period of time.
A document that specifies the country in which the goods in a particular shipment were manufactured or processed is known as
the grouping of secondary packaging for the purposes of protecting bulk handling products during storage and transportation tertiary packaging is used for
A document required by the carrier or certain logistics service providers to obtain the authorization to issue and sign the air waybill on behalf of the shipper is known as
Supply warehouses used for the ______ storage of goods
which method enables the seller, or exporter, to avoid all risk and receive payment
______ are technologies used to track products, control inventory, and improve order picking and loading as well as unloading-dock logistics.
Publicly or privately owned transportation entities or owners of infrastructure, railroads, and pipelines that are operated by companies in the private sector is known as
Shipper’s export declaration is a document completed by the shipper of goods and shows the value, weight, destination
Line-haul cost is the cost of moving goods _____ to the final destination point
_______ is a service provider that provides the necessary packaging services for export shipments
______ is the cost of moving goods from the point of origin to the final destination point.
Global freight forwarder a service provider that performs _____ shipment functions
Total landed cost is the cost of making and delivering the product so that it generates revenue
______ is a type of trade barrier that limits the quantity of certain goods that can be imported to a country in a given period of time.
Logistics clearly contributes to ___________ and ___________ utility.
Ccan unhappy customer will tell ____ other people about her/his unhappiness.
Commercial invoice provided by an exporter of goods that crossed international borders
______ is a payment method in which goods are shipped and delivered before payment is made
Consignee is the buyer of goods and receiver of freight shipments
the transportation of freight that does not fill the full delivery load capacity of a truck is known as
_______ fills the full delivery-load capacity of a truck
______ is a mode of payment in which a bank used by the seller sends the required shipment documents to the buyer’s bank, along with instructions for payment
______ plays a critical role in logistics because it has an impact on overall logistics costs, product protection, and physical safety of workers.
Which process a company responds to customer orders ?