3pl - Study guides, Study notes & Summaries

SCMN 3720 Test 3-Strickland Latest Version Graded A+ 3PL 3rd party logistics. anything that you can outsource 5 Categories of 3PL's 1. Transportation Based 2. Distribution Based 3. Forwarder Based 4. Financial Based 5. Information Based Transportation Based business origin in freight movement -Move freight, manage transportation operations, operate fulfillment centers, develop logistics solutions Distribution Based Business origin in the public or contract warehousing -Foc...

Warehousing correct answers Companies storing their purchases, work-in progress, and finished goods Distribution Center correct answers A warehouse that is used to receive bulk shipments, break them down, repackage items, and distribute them to a manufacturing center or retail center Crossdocking correct answers Unloading an inbound vehicle and reloading the product onto an outbound vehicle with little to no storage Sorting correct answers Separating products into grades and qualities ...

LSCM Review Exam 2 Questions & Answers 2024/2025 Many organizations have directed significant attention toward working more closely with supply chain partners, including not only customers and suppliers but also various types of logistics suppliers. - ANSWERStrue A horizontal relationship refers to firms on the same level in the supply chain - ANSWERSfalse The range of relationships with 3PLs ranges from being a vendor to being a vertical supplier - ANSWERSfalse The first stage in ...

IDIS 240 EXAM 1 VESTAL LATEST UPDATE GRADED A+ OEM Original Equipment Manufacturer - buys the product and "rebrands" to sell as their own with warranty MRO Maintenance Repair Operation - people who fix something with a problem Contractor Person who provides supplies or service under contract Breaking bulk Shipping something in individual components 3PL 3rd Party Logistics Provider - specializes in warehousing and transportation services that customize to customers based on ...

Total Quality Management (TQM) Philosophy - Answer 1. customer focus 2. continuous improvement 3. employee empowerment 4. use of quality tools 5. product design 6. process management 7. managing supplier quality Process Capability Index (Cpk) - Answer Basic function of Six Sigma. Measures the process potential and performance of processes. The higher the range of Cpk, the improved is the ability of the process to complete its necessities. Six Sigma - Answer A disciplined, data-driven...

LSCM Prep Final Exam 2024 with 100% Correct Answers 3PL's are asset-based logistics providers that physically move product through the supply chain. - ANSWERSF 4PL providers not only provide a broader scope of services to their clients and customers, but typically may be more strategically involved. - ANSWERST A financial based 3PL is a firm that takes a financial interest in an organization in order to underwrite the outsourcing of that firm's logistics. - ANSWERSF A horizontal ...

lscm final review exam 1 questions & answers 2024/2025 order cycle - ANSWERSthe time that elapses from when a customer places an order until the order is received Peope - ANSWERSare a major barrer to the effective use of information technology Price and quality - ANSWERSwere 3PL selection factors space utilization - ANSWERSmeasured as a percentage of capacity used to capacity abailabl in cubic feet or storage slots resource productivity - ANSWERSmeasured as the ratio of real out...

WGU C215 Objective Assessment Guide (Latest 2024/ 2025 Update) Operations Management| Questions and Verified Answers| 100% Correct| Grade A Q: Tier One Suppliers Supplies materials or services directly to the processing facility. These are the suppliers that put products in specific containers or packages. Internal Functions companies Q: Tier Two Suppliers Answer: Directly supplies materials or services to a tier-one supplier in the supply chain. Suppliers of the spec...

The primary tradeoffs and relationships between resources include the following a. space vs. equipment b. equipment vs. people c. people vs. space d. all of the above correct answer: d. all of the above Certain raw materials can be stored a. anywhere. b. upside down. c. only in a 3PL facility. d. outside correct answer: d. outside The drawback of centralized inventory is: a. that it extends lead times and results in higher transportation costs. b. strains the ability of th...

OEM : Original Equipment Manufacturer - buys the product and "rebrands" to sell as their own with warranty MRO : Maintenance Repair Operation - people who fix something with a problem Contractor : Person who provides supplies or service under contract Breaking bulk : Shipping something in individual components 3PL : 3rd Party Logistics Provider - specializes in warehousing and transportation services that customize to customers based on market conditions RFID 2 | P a g e : Radi...