Question 1

What is a reason for using 3PL services?

Accepted Answer

A)  Outsourcing is not a corporate philosophy 
B)  Logistics is a core competency of the company 
C)  Company needs greater process flexibility 
D)  Company requires shipment security 
A)  Outsourcing is not a corporate philosophy 
B)  Logistics is a core competency of the company 
C)  Company needs greater process flexibility 
D)  Company requires shipment security C

Question 2

According to the book,3PL spending is highest in:

Accepted Answer

A)  North America 
B)  Europe 
C)  Asia-Pacific 
D)  Latin America 
A)  North America 
B)  Europe 
C)  Asia-Pacific 
D)  Latin America C

Question 3

As of 2013 the 3PL industry produced revenues of:

Accepted Answer

A)  $704 Billion 
B)  $487 Billion 
C)  $74 Trillion 
D)  $998 Million 
A)  $704 Billion 
B)  $487 Billion 
C)  $74 Trillion 
D)  $998 Million A

Question 4

When deciding to form a strategic partnership the book recommends performing an audit of needs and overall strategies with regard to logistics operations.What is the goal of the audit,and what types of information should come from the audit?

Accepted Answer

This audit provides a perspective on the

Question 5

Describe the future issues and challenges facing the 3PL industry.

Accepted Answer

3PL industry revenues have increased fro

Question 6

A financial base 3PL does what?

Accepted Answer

A financial based 3PL provider helps cus

Question 7

According to the Penn State-Capgemini study what percentage of 3PL users state that their 3PL relationships are successful?

Accepted Answer

A)  97% 
B)  90% 
C)  86% 
D)  75% 
A)  97% 
B)  90% 
C)  86% 
D)  75%

Question 8

What type of 3PL traces their origin to freight movement via truck,rail,or other?

Accepted Answer

A)  Forwarder based 
B)  Financial based 
C)  Distribution based 
D)  Transportation based 
A)  Forwarder based 
B)  Financial based 
C)  Distribution based 
D)  Transportation based

Question 9

An asset based 3PL can be defined as:

Accepted Answer

A 3PL with

Question 10

3PLs are typically categorized based upon their foundational service offering such as:

Accepted Answer

A)  Transportation, Distribution, and Marketing 
B)  Forwarder, Distribution, and Human Resources 
C)  Transportation, Distribution, and Forwarder 
D)  Human Resources, Marketing, and Distribution 
A)  Transportation, Distribution, and Marketing 
B)  Forwarder, Distribution, and Human Resources 
C)  Transportation, Distribution, and Forwarder 
D)  Human Resources, Marketing, and Distribution

Question 11

Between 1996 and 2013 U.S.spending on 3PL service increased by:

Accepted Answer

A)  $81 Billion 
B)  $91 Billion 
C)  $100 Billion 
D)  $116 Billion 
A)  $81 Billion 
B)  $91 Billion 
C)  $100 Billion 
D)  $116 Billion

Question 12

Describe the strengths and weaknesses of a non-asset based 3PL

Accepted Answer

When a 3PL contracts with other firms to

Question 13

Companies may smartly outsource all of the following except:

Accepted Answer

A)  Information technology 
B)  Core activities 
C)  Manufacturing 
D)  Logistics 
A)  Information technology 
B)  Core activities 
C)  Manufacturing 
D)  Logistics

Question 14

Please list and explain four of the ten intermediary and special services (as listed in the textbook)which are offered by 3PLs to their customers.

Accepted Answer

Surface freight forwarding:Surface freig

Question 15

What type of service involves local transportation of containerized cargo?

Accepted Answer

A)  Merge in transit 
B)  Surface freight forwarding 
C)  Intermodal marketing 
D)  Drayage 
A)  Merge in transit 
B)  Surface freight forwarding 
C)  Intermodal marketing 
D)  Drayage

Question 16

Which of the following is not a concern with a non-asset based 3PL?

Accepted Answer

A)  Significant internal capacity 
B)  Complexity of the relationship 
C)  Lack of flexibility 
D)  Ability to create internal economy of scale 
A)  Significant internal capacity 
B)  Complexity of the relationship 
C)  Lack of flexibility 
D)  Ability to create internal economy of scale

Question 17

Which strategic requirement involves 3PLs supporting home delivery,manufacturer direct delivery,and alternate site delivery?

Accepted Answer

A)  International expertise 
B)  Sustainability knowledge 
C)  Omni-channel agility 
D)  Talent availability 
A)  International expertise 
B)  Sustainability knowledge 
C)  Omni-channel agility 
D)  Talent availability

Question 18

List five of the eight elements of a well structured 3PL operating model.

Accepted Answer

Planning
Joint operating contr

Question 19

What is the primary role of an Air Freight Forwarder?

Accepted Answer

Air freight forwarders consolidate small

Question 20

Which of the following companies do not use 3PLs?

Accepted Answer

A)  Procter and Gamble 
B)  Walmart 
C)  General Motors 
D)  General Morots, Walmart and Procter and Gamble use 3PLs 
A)  Procter and Gamble 
B)  Walmart 
C)  General Motors 
D)  General Morots, Walmart and Procter and Gamble use 3PLs

What is a reason for using 3PL services?

According to the book,3PL spending is highest in:

As of 2013 the 3PL industry produced revenues of:

When deciding to form a strategic partnership the book recommends performing an audit of needs and overall strategies with regard to logistics operations.What is the goal of the audit,and what types of information should come from the audit?

Describe the future issues and challenges facing the 3PL industry.

A financial base 3PL does what?

According to the Penn State-Capgemini study what percentage of 3PL users state that their 3PL relationships are successful?

What type of 3PL traces their origin to freight movement via truck,rail,or other?

An asset based 3PL can be defined as:

3PLs are typically categorized based upon their foundational service offering such as:

Between 1996 and 2013 U.S.spending on 3PL service increased by:

Describe the strengths and weaknesses of a non-asset based 3PL

Companies may smartly outsource all of the following except:

Please list and explain four of the ten intermediary and special services (as listed in the textbook)which are offered by 3PLs to their customers.

What type of service involves local transportation of containerized cargo?

Which of the following is not a concern with a non-asset based 3PL?

Which strategic requirement involves 3PLs supporting home delivery,manufacturer direct delivery,and alternate site delivery?

List five of the eight elements of a well structured 3PL operating model.

What is the primary role of an Air Freight Forwarder?

Which of the following companies do not use 3PLs?

Global Supply Chains: The Role and Importance of Transportation

Transportation: The Critical Link in the Economy

Transportation Regulation and Public Policy

Costing and Pricing in Transportation

Motor Carriers

Railroads

Airlines

Water Carriers and Pipelines

Transportation Risk Management

Global Transportation Planning

Global Transportation Execution

Private Transportation and Fleet Management

Issues and Challenges of Global Supply Chains

Filters

Exam 12: Third Party Logistics

What is a reason for using 3PL services?

According to the book,3PL spending is highest in:

As of 2013 the 3PL industry produced revenues of:

When deciding to form a strategic partnership the book recommends performing an audit of needs and overall strategies with regard to logistics operations.What is the goal of the audit,and what types of information should come from the audit?

Describe the future issues and challenges facing the 3PL industry.

A financial base 3PL does what?

According to the Penn State-Capgemini study what percentage of 3PL users state that their 3PL relationships are successful?

What type of 3PL traces their origin to freight movement via truck,rail,or other?

An asset based 3PL can be defined as:

3PLs are typically categorized based upon their foundational service offering such as:

Between 1996 and 2013 U.S.spending on 3PL service increased by:

Describe the strengths and weaknesses of a non-asset based 3PL

Companies may smartly outsource all of the following except:

Please list and explain four of the ten intermediary and special services (as listed in the textbook)which are offered by 3PLs to their customers.

What type of service involves local transportation of containerized cargo?

Which of the following is not a concern with a non-asset based 3PL?

Which strategic requirement involves 3PLs supporting home delivery,manufacturer direct delivery,and alternate site delivery?

List five of the eight elements of a well structured 3PL operating model.

What is the primary role of an Air Freight Forwarder?

Which of the following companies do not use 3PLs?

Global Supply Chains: The Role and Importance of Transportation

Transportation: The Critical Link in the Economy

Transportation Regulation and Public Policy

Costing and Pricing in Transportation

Motor Carriers

Railroads

Airlines

Water Carriers and Pipelines

Transportation Risk Management

Global Transportation Planning

Global Transportation Execution

Private Transportation and Fleet Management

Issues and Challenges of Global Supply Chains

Filters