Question 1

Once a 3PL provider is chosen, it is not necessary for an organization to seek continuous improvements as the 3PL will handle that function.

Accepted Answer

A) True 
 B)False  False

Question 2

Outsourcing and contract logistics are terms sometimes used to describe third-party logistics.

Accepted Answer

A) True 
 B)False  True

Question 3

The first stage in the process model for forming and sustaining supply chain relationships involves the process by which a manufacturer becomes fully aware of its logistics and supply chain needs.

Accepted Answer

A) True 
 B)False  True

Question 4

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.

Accepted Answer

A) True 
 B)False

Question 5

Horizontal collaboration refers to a relationship that is ___________ and/or ____________.

Accepted Answer

A)  3PLs to 3PLs and/or service provider to service provider 
B)  buyer to buyer and/or seller to seller 
C)  flat across the chain and/or involving partners equal in size 
D)  collaboration with horizontal and/or vertical competitors 
A)  3PLs to 3PLs and/or service provider to service provider 
B)  buyer to buyer and/or seller to seller 
C)  flat across the chain and/or involving partners equal in size 
D)  collaboration with horizontal and/or vertical competitors

Question 6

In a recent survey, respondents reported experiencing a number of problems with their relationships with 3PLS. What were some of them? Choose two, and discuss how you feel this would impact the relationship.

Accepted Answer

Their responses tended to focus on sever

Question 7

The least-frequently used IT-based services by customers of 3PLs are:

Accepted Answer

A)  transportation management (execution) 
B)  warehouse/distribution management 
C)  global trade management and transport sourcing 
D)  strategic and customer-related 
A)  transportation management (execution) 
B)  warehouse/distribution management 
C)  global trade management and transport sourcing 
D)  strategic and customer-related

Question 8

The "IT gap" refers to the difference between the internal IT capabilities of 3PL users and the IT expertise of the 3PL providers.

Accepted Answer

A) True 
 B)False

Question 9

Vertical collaboration refers to

Accepted Answer

A)  collaboration among buyers and sellers in the supply chain. 
B)  collaboration among carriers and shippers. 
C)  collaboration that moves up the supply chain. 
D)  collaboration with competitors. 
A)  collaboration among buyers and sellers in the supply chain. 
B)  collaboration among carriers and shippers. 
C)  collaboration that moves up the supply chain. 
D)  collaboration with competitors.

Question 10

Define and discuss the term "4PL."

Accepted Answer

Although the concept has been around for

Question 11

There are at least five types of third-party logistics firms. Name them, and select two to discuss in more detail.

Accepted Answer

Included are transportation-ba

Question 12

A Third Party Logistics firm is defined as a company that owns trucks and warehouses so as
to offer integrated services.

Accepted Answer

A) True 
 B)False

Question 13

Full collaboration is the dynamic combination of

Accepted Answer

A)  buyers, sellers, retailers, and 3PLs. 
B)  buyers, sellers, retailers, 3PLs, and appropriate government agencies. 
C)  both vertical and horizontal collaboration. 
D)  buyers and sellers only. 
A)  buyers, sellers, retailers, and 3PLs. 
B)  buyers, sellers, retailers, 3PLs, and appropriate government agencies. 
C)  both vertical and horizontal collaboration. 
D)  buyers and sellers only.

Question 14

A third-party logistics firm may be defined as

Accepted Answer

A)  an outsource service. 
B)  a firm that owns trucks and warehouses. 
C)  a firm that owns trucks and warehouses and provides computer support. 
D)  an external supplier that performs or manages all or part of a company's logistics functions. 
A)  an outsource service. 
B)  a firm that owns trucks and warehouses. 
C)  a firm that owns trucks and warehouses and provides computer support. 
D)  an external supplier that performs or manages all or part of a company's logistics functions.

Question 15

Many organizations are working more closely with

Accepted Answer

A)  customers. 
B)  customers and suppliers. 
C)  third-party logistics firms. 
D)  customers, suppliers, and various types of logistics suppliers. 
A)  customers. 
B)  customers and suppliers. 
C)  third-party logistics firms. 
D)  customers, suppliers, and various types of logistics suppliers.

Question 16

Approximately two-thirds of 3PL customers think their providers supply

Accepted Answer

A)  tactical or operational services. 
B)  strategic or integrative services. 
C)  trucking and warehouse services. 
D)  a firm that can supply a competency that is not core to the firm. 
A)  tactical or operational services. 
B)  strategic or integrative services. 
C)  trucking and warehouse services. 
D)  a firm that can supply a competency that is not core to the firm.

Question 17

The most frequently outsourced function is freight bill payment.

Accepted Answer

A) True 
 B)False

Question 18

Collaboration is usually defined as a "business practice that encourages individual
organizations to share information and resources for the benefit of all".

Accepted Answer

A) True 
 B)False

Question 19

Define "Drivers" and "Facilitators," and name three of the primary factors ascribed to them.

Accepted Answer

Drivers are defined as "compelling reaso

Question 20

There are six steps in the process model for forming and sustaining supply chain relationships. Name five of the six, and choose two to discuss in more detail.

Accepted Answer

Step 1: Perform Strategic Assessment, St

Once a 3PL provider is chosen, it is not necessary for an organization to seek continuous improvements as the 3PL will handle that function.

Outsourcing and contract logistics are terms sometimes used to describe third-party logistics.

The first stage in the process model for forming and sustaining supply chain relationships involves the process by which a manufacturer becomes fully aware of its logistics and supply chain needs.

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.

Horizontal collaboration refers to a relationship that is _ and/or __.

In a recent survey, respondents reported experiencing a number of problems with their relationships with 3PLS. What were some of them? Choose two, and discuss how you feel this would impact the relationship.

The least-frequently used IT-based services by customers of 3PLs are:

The "IT gap" refers to the difference between the internal IT capabilities of 3PL users and the IT expertise of the 3PL providers.

Vertical collaboration refers to

Define and discuss the term "4PL."

There are at least five types of third-party logistics firms. Name them, and select two to discuss in more detail.

A Third Party Logistics firm is defined as a company that owns trucks and warehouses so as to offer integrated services.

Full collaboration is the dynamic combination of

A third-party logistics firm may be defined as

Many organizations are working more closely with

Approximately two-thirds of 3PL customers think their providers supply

The most frequently outsourced function is freight bill payment.

Collaboration is usually defined as a "business practice that encourages individual organizations to share information and resources for the benefit of all".

Define "Drivers" and "Facilitators," and name three of the primary factors ascribed to them.

There are six steps in the process model for forming and sustaining supply chain relationships. Name five of the six, and choose two to discuss in more detail.

Supply Chain Management: an Overview

Role of Logistics in Supply Chains

Global Dimensions of Supply Chains

Supply Chain Performance Measurement and Financial Analysis

Supply Chain Technology-Managing Information Flows

Demand Management

Order Management and Customer Service

Managing Inventory in the Supply Chain

Transportation-Managing the Flow of the Supply Chain

Distribution-Managing Fulfillment Operations

Supply Chain Network Analysis and Design

Sourcing Materials and Services

Operations-Producing Goods and Services

Supply Chain Sustainability

Strategic Challenges and Change for Supply Chains

Filters

Exam 4: Supply Chain Relationships

Once a 3PL provider is chosen, it is not necessary for an organization to seek continuous improvements as the 3PL will handle that function.

Outsourcing and contract logistics are terms sometimes used to describe third-party logistics.

The first stage in the process model for forming and sustaining supply chain relationships involves the process by which a manufacturer becomes fully aware of its logistics and supply chain needs.

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.

Horizontal collaboration refers to a relationship that is ___________ and/or ____________.

In a recent survey, respondents reported experiencing a number of problems with their relationships with 3PLS. What were some of them? Choose two, and discuss how you feel this would impact the relationship.

The least-frequently used IT-based services by customers of 3PLs are:

The "IT gap" refers to the difference between the internal IT capabilities of 3PL users and the IT expertise of the 3PL providers.

Vertical collaboration refers to

Define and discuss the term "4PL."

There are at least five types of third-party logistics firms. Name them, and select two to discuss in more detail.

A Third Party Logistics firm is defined as a company that owns trucks and warehouses so as to offer integrated services.

Full collaboration is the dynamic combination of

A third-party logistics firm may be defined as

Many organizations are working more closely with

Approximately two-thirds of 3PL customers think their providers supply

The most frequently outsourced function is freight bill payment.

Collaboration is usually defined as a "business practice that encourages individual organizations to share information and resources for the benefit of all".

Define "Drivers" and "Facilitators," and name three of the primary factors ascribed to them.

There are six steps in the process model for forming and sustaining supply chain relationships. Name five of the six, and choose two to discuss in more detail.

Supply Chain Management: an Overview

Role of Logistics in Supply Chains

Global Dimensions of Supply Chains

Supply Chain Performance Measurement and Financial Analysis

Supply Chain Technology-Managing Information Flows

Demand Management

Order Management and Customer Service

Managing Inventory in the Supply Chain

Transportation-Managing the Flow of the Supply Chain

Distribution-Managing Fulfillment Operations

Supply Chain Network Analysis and Design

Sourcing Materials and Services

Operations-Producing Goods and Services

Supply Chain Sustainability

Strategic Challenges and Change for Supply Chains

Filters

Horizontal collaboration refers to a relationship that is _ and/or __.