3pl - Study guides, Class notes & Summaries

LSCM Study Exam 2 Questions & Answers 2024/2025 Many organizations are working more closely with - ANSWERSCustomers, suppliers, and various types of logistics suppliers Horizontal collaboration refers to a relationship that is __ and/or ___ - ANSWERSBuyer to buyer and/or seller to seller While available evidence supports the fact that the president or CEO and the finance executive are often involved with the identification of the need for logistics services, - ANSWERSExecutives from o...

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 2 | P a g e : Business origin in the public or contract warehousing -Focus on inventory management, warehous...

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

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...

SCM 300 Exam 1 Questions with Complete Solutions Guarantee Pass Lawn mowers are sold mostly in the summer months but are manufactured around the year to meet the heavy summer demand. What category of inventory would this exemplify? - Answer-anticipation inventory When there is a lack of suitable suppliers, firms may assist existing suppliers to improve their overall output and capabilities. This growing trend by firms is referred to as... - Answer-supplier development According to the...

EBITDA - Earnings Before Interest Taxation Depreciation and Amortization CRM - Customer Relationship Management COGS - Cost of Goods Sold OEM - Original Equipment Manufacturer. A company that produces equipment made from components that are purchased from other manufacturers MRO - Maintenance, Repair, and Operations UOM - Unit Of Measure PAID - Professional Association FOR Industrial Distribution 3PL

At random time correct answers In work sampling, when should observations be taken? Increased material handling correct answers Kanban is not associated with: moving back in time (Apple going back to the orchard) correct answers Looking at vertical integration, when you consider backward integration you are that it takes to process one unit at a station. correct answers Throughput measures the time: Andon correct answers Which of the following is a visual signal at a machine that not...

IDIS 240 EXAM 1 VESTAL 2024 ACTUAL GUIDE WITH REAL QUESTIONS AND ANSWERS FROM THE TEST;100% CORRECT 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 transportati...

Based on the Trading Partner item relationship, which two of the following flows support supplier items? - When creating a manual adjustment - When creating a supplier program - All channel flows - When creating a manual invoice - ANS When creating a manual adjustment When creating a supplier program Your company has implemented OM cloud to manage the sales orders but the fulfillment happens through third party logistics. What file based import process should be excecute...

CLTD Question and answers verified to pass 2024/2025 CLTD - Module 5 Short-Sea Shipping - correct answer A form of water transportation that does not cross an ocean, but instead utilizes coastal and inland waterways to move shipments from maritime ports to their destination. Often used as an alternative to road transportation. Routing - correct answer 1.) Information detailing the method of manufacture of a particular item. It includes the operations to be performed, their sequence, ...