CLTD Module 1 Question and answers 100% correct 2024/2025
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Course
CLTD - Certified in Logistics
Institution
CLTD - Certified In Logistics
CLTD Module 1 Question and answers 100% correct 2024/2025 CLTD Module 1 - Logistics Overview & Strategy
Early 90s definition of logistics - correct answer merger of inbound materials mgmt with outbound physical distribution
logistics - correct answer the subset of SCM that controls the fo...
CLTD Module 1 - Logistics Overview &
Strategy
Early 90s definition of logistics - correct answer ✔merger of inbound
materials mgmt with outbound physical distribution
logistics - correct answer ✔the subset of SCM that controls the forward and
reverse movement, handling, and storage of goods between O/D points
Logistics Formula - correct answer ✔=Physical Supply + Distribution
Systems concept - correct answer ✔an attempt to create the most efficient
complete system as opposed to the most efficient individual parts
Total Cost Concept - correct answer ✔the idea that all logistical decisions
that provide equal service level should favor the option that minimizes total
cost and not just one area
Drop vs Stem Distance - correct answer ✔Drop = final mile or distance in the
delivery zone
Stem = long haul or distance to/from delivery zone
Line Haul - correct answer ✔the portion of a transportation journey that
moves between two terminals
Types of Production Methods (4) - correct answer ✔Make-to-stock
Make-to-order
Assemble-to-order
,Engineer-to-order
Suboptimization - correct answer ✔a solution to a problem that is best from a
narrow point of view but not from a higher level point of view
Four P's - correct answer ✔a set of marketing tools to direct the biz offering
to the customer (product, price, place (time), promotion)
echelon - correct answer ✔a level of supply chain nodes e.g. supplier,
manufacturer, DC
each is expected to make a profit
Value Added - correct answer ✔the actual increase of utility from the
viewpoint of the customer as a part is transformed from raw material to
finished inventory
Types of Logistics Utility - correct answer ✔Time
Place
Possession
Form
Quantity
Information
Service
Logistics Efficiency - correct answer ✔how much use/utility is gained from
the org resources being employed, including time, labor, money
, Logistics Effectiveness - correct answer ✔the ability to meet stated goals
and whether those goals are the true direction the org should be taking
2 Primary Components of CSV for transportation - correct answer ✔Speed
Consistency
Showcasing - correct answer ✔when customers use retail locations to look
at goods but buy online from the lowest cost providers
Triple Bottom Line - correct answer ✔the idea that 3 strategic goals need to
be balanced
1. Economic/Profitability
2. Environmental
3. Social
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