
Tranportation Management
Authored by Ryan Atienza
Business
University
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25 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The business practice of hiring a party outside a company to perform services or create goods that were traditionally performed in-house by the company's own employees and staff.
Third Party Logistics
Outsourcing
Contractual
Inbound Logistics
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This refers to the outsourcing of logistics and supply chain management functions
to external companies or service providers.
Third Party Logistics
Outsourcing
Contractual
Inbound Logistics
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This refers to the process of receiving and storing raw materials
and components that are needed for production.
Third Party Logistics
Outsourcing
Contractual
Inbound Logistics
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Identifying and selecting suppliers that can provide the materials or components
needed for production at a competitive price and with reliable delivery.
Transportation
Purchasing
Sourcing
Storage
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Negotiating purchase agreements with suppliers, including pricing, delivery schedules, and payment terms.
Transportation
Purchasing
Sourcing
Storage
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Coordinating the movement of goods from suppliers to the company’s warehouses or production facilities. This may involve working with freight carriers, customs brokers, and other logistics providers to ensure timely and cost-effective delivery.
Transportation
Purchasing
Sourcing
Storage
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Organizing and storing materials in a way that allows for efficient retrieval and use in the production process. This may involve using store equipment such as pallet racks or shelving and implementing inventory management systems to track the movement of materials.
Transportation
Purchasing
Sourcing
Storage
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