55 Matching questions

1. Sorting function
2. Transaction processing system (TPS)
3. Materials Management
4. Application Specific software
5. Information
6. Disintermediation
7. Total Cost Approach
8. MIS and EIS examples
9. Management information system (MIS) and Executive information system (EIS)
10. Big data
11. Communication system
12. Humanitarian logistics
13. Logistics optimization models
14. Time utility
15. Enterprise system examples
16. Cost Trade-offs
17. Big-box Retailer
18. Office automation system examples
19. Wireless communication
20. Cloud Computing
21. Data mining
22. Logistics
23. Place utility
24. On-demand software (Software-as-a-service)
25. Reverse Auction
26. Stock-keeping units (SKUs)
27. Logistics Information System (LIS)
28. Economic utility
29. Office automation system
30. Container
31. Radio-frequency identification (RFID)
32. Landed costs
33. Stockouts
34. Transaction processing system (TPS) examples
35. Postponement
36. Decision support system (DSS)
37. Possession utility
38. Communication system examples
39. Tailored logistics
40. Data Warehouse
41. Global positioning systems (GPS)
42. Enterprise resource planning (ERP) system
43. Marketing Channels
44. Sustainable Products
45. Co-Branding
46. Electronic Procurement (e-procurement)
47. Form utility
48. Systems approach
49. Electronic Data Interchange (EDI)
50. Enterprise system
51. Transportation Management System (TMS)
52. Warehouse Management System (WMS)
53. Decision support system (DSS) examples
54. Physical Distribution
55. Simulation

1. a Being out of an item at the same time there is a willing buyer for it
2. b Utilize spreadsheet software and add-ins to help logisticians make complex judgments and decisions about key logistics issues at strategic, tactical, operational and collaborative levels
3. c Refers to the value or usefulness that comes from a customer being able to take possession of a product
4. d Changes to one logistics activity cause some costs to increase and others to decrease
5. e A central repository for all relevant data collected by an organization
6. f The removal of levels (Layers) from a channel of distribution
7. g People, equipment, and procedures to gather, sort, analyze, evaluate, and distribute needed, timely, and accurate information to logistics decision makers
8. h Each separate type of item that is accounted for in an inventory
9. i A technique that models a real-world system, typically using mathematical equations to represent the relationships among components of the real-world system
10. j A company's objectives can be realized by recognizing the mutual interdependence of the major functional areas of the firm, such as marketing, production, finance, and logistics.
11. k Lets a company automate and integrate the majority of its business processes, share common data and practices across the enterprise, and produce and access information in a real-time environment
12. l Concept that suggests that all relevant activities in moving and storing products should be considered as a whole, not individually.
13. m A body of facts in a format suitable for decision making
14. n Creates and maintains consistent data processing methods and an integrated database across multiple business functions
15. o A software package that automates the process of building orders, tending loads, and tracking shipments, audits, and payments.
16. p Logistics modules of enterprise resource planning systems
17. q Groups of customers with similar logistical needs and wants are provided with logistics service appropriate to those needs and wants
18. r Helps people make decisions by providing information, models, or analysis tools
19. s The movement and storage of materials into a firm
20. t Logistics information system (LIS)
21. u The collection of large amounts of near real-time data collected through a variety of sources, such as sensors, smart phones, RF tags and business-to-business data exchanges
22. v A set of institutions necessary to transfer the title to goods and to move goods from the point of production to the point of consumption and, as such, which consists of all the institutions and all the marketing activities in the marketing process
23. w EDI; Point-of-sale systems, bar codes
24. x Software packages that control the movement and storage of materials within a warehousing facility
25. y Refers to software that users access on a per-use basis instead of software they own or license for installation
26. z Converts TPS data into information for monitoring performance and managing an organization; provides executives information in a readily accessible format
27. aa 1. Logistics is that part of the supply chain
    2. Process that plans, implements, and controls the efficient
    3. Effective forward and reverse flow and storage
    4. Of goods, services, and related information
    5. Between the point of origin and the point of consumption
    6. In order to meet customers' requirements
28. ab The delay of value-added incentives such as assembly, production, and packaging to the latest possible time
29. ac Price of a product at its source plus transportation costs to its destination
30. ad Stores with large amounts of both floor space and products for sale
31. ae Refers to an alliance that allows customers to purchase products from two or more name-brand retailers at one store location
32. af Refers to a product's being in a form that can be used by the customer and is of value of the customer
33. ag Computer-to-computer transmission of business data in a structured format
34. ah Use satellites that allow companies to compute vehicle positions, velocity, and time
35. ai Refers to software that has been developed for managers to deal with specific logistics functions or activities
36. aj Provides effective ways to process personal and organizational business data, to perform calculations, and to create documents
37. ak Having products available when they are needed by customers
38. al Virtual meetings via computer technology
39. am The process and systems involved in mobilizing people, resources, skills, and knowledge to help people who have been affected by either a natural or human-made disaster
40. an Storage of finished product and movement to the customers
41. ao Refers to products that meet present needs without compromising the ability of future generations to meet their needs
42. ap Refers to communication without cables and cords, and includes infrared, microwave, and radio transmissions
43. aq Worldwide public cloud services market - where software, services, or information are shared via the Internet without the users having control over the technology infrastructure
44. ar Collects and stores information about transactions; controls some aspects of transactions
45. as Bridges the discrepancy between the assortment of goods and services generated by the producer and the assortment demanded by the customer
46. at Having products available where they are needed by customers
47. au Utilizes sophisticated quantitative techniques to find hidden patterns in large volumes of data
48. av A buyer invites bids from multiple sellers, and the seller with the lowest bid is often awarded the business
49. aw Simulation, data mining
50. ax Refers to the value or usefulness of a product in fulfilling customer needs and wants
51. ay The use of radio frequency to identify objects that have been implanted with an RFID tag.
52. az Spreadsheet applications to calculate optimal order quantities
53. ba Uses the internet to make it easier, faster, and less expensive for an organization to purchase goods and services
54. bb Helps people work together by interacting and sharing information in many different forms
55. bc A uniform sealed reusable metal "box" in which goods are shipped