Question 1

3PL's are asset-based logistics providers that physically move product through the supply chain

Accepted Answer

A) True 
 B)False

Question 2

Drivers and facilitators are internal issues that an organization must address before seeking a 3PL.

Accepted Answer

A) True 
 B)False

Question 3

Vertical integration refers to collaboration typically among buyers and sellers in the supply chain.

Accepted Answer

A) True 
 B)False

Question 4

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 5

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 6

Describe the steps in the process model for forming and implementing successful supply chain relationships. What step(s) do you feel is (are) most critical?

Accepted Answer

Step 1: Perform Strategic Assessment. Th

Question 7

What is meant by "collaboration" between supply chain organizations? What are the different types of collaboration?

Accepted Answer

Whether the relationship may or may not

Question 8

Whether the relationship may or may not be with a provider of logistics services, today's supply chain relationships are most effective when collaboration occurs among the _____ who are involved.

Accepted Answer

A)  participants 
B)  third party logistics providers 
C)  customers 
D)  suppliers 
A)  participants 
B)  third party logistics providers 
C)  customers 
D)  suppliers

Question 9

What are the basic types of 3PL firms, and which are in most prevalent use?

Accepted Answer

Although most 3PL firms promote themselv

Question 10

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 11

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

Accepted Answer

A) True 
 B)False

Question 12

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

Accepted Answer

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

Question 13

4PL providers not only provide a broader scope of services to their clients and customers, but typically may be more strategically involved.

Accepted Answer

A) True 
 B)False

Question 14

What does it take to have an area of "core competency"? Provide an example.

Accepted Answer

When the decision relates to using an ex

Question 15

What are some of the more common "drivers" and "facilitators" of successful supply chain relationships?

Accepted Answer

The partnership model discussed in the t

3PL's are asset-based logistics providers that physically move product through the supply chain

Drivers and facilitators are internal issues that an organization must address before seeking a 3PL.

Vertical integration refers to collaboration typically among buyers and sellers in the supply chain.

Vertical collaboration refers to:

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

Describe the steps in the process model for forming and implementing successful supply chain relationships. What step(s) do you feel is (are) most critical?

What is meant by "collaboration" between supply chain organizations? What are the different types of collaboration?

Whether the relationship may or may not be with a provider of logistics services, today's supply chain relationships are most effective when collaboration occurs among the _____ who are involved.

What are the basic types of 3PL firms, and which are in most prevalent use?

A third-party logistics firm may be defined as:

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

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

4PL providers not only provide a broader scope of services to their clients and customers, but typically may be more strategically involved.

What does it take to have an area of "core competency"? Provide an example.

What are some of the more common "drivers" and "facilitators" of successful supply chain relationships?

Supply Chain Management: an Overview

Global Dimensions of Supply Chains

Role of Logistics in Supply Chains

Distribution and Omni Channel Network Design

Sourcing Materials and Services

Operations Producing Goods and Services

Demand Management

Order Management and Customer Service

Managing Inventory in the Supply Chain

Distribution

Transportation

Supply Chain Performance Measurement and Financial Analysis

Supply Chain Technology

Strategic Challenges and Change for Supply Chains

Filters

Exam 12: Aligning Supply Chains

3PL's are asset-based logistics providers that physically move product through the supply chain

Drivers and facilitators are internal issues that an organization must address before seeking a 3PL.

Vertical integration refers to collaboration typically among buyers and sellers in the supply chain.

Vertical collaboration refers to:

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

Describe the steps in the process model for forming and implementing successful supply chain relationships. What step(s) do you feel is (are) most critical?

What is meant by "collaboration" between supply chain organizations? What are the different types of collaboration?

Whether the relationship may or may not be with a provider of logistics services, today's supply chain relationships are most effective when collaboration occurs among the _____ who are involved.

What are the basic types of 3PL firms, and which are in most prevalent use?

A third-party logistics firm may be defined as:

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

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

4PL providers not only provide a broader scope of services to their clients and customers, but typically may be more strategically involved.

What does it take to have an area of "core competency"? Provide an example.

What are some of the more common "drivers" and "facilitators" of successful supply chain relationships?

Supply Chain Management: an Overview

Global Dimensions of Supply Chains

Role of Logistics in Supply Chains

Distribution and Omni Channel Network Design

Sourcing Materials and Services

Operations Producing Goods and Services

Demand Management

Order Management and Customer Service

Managing Inventory in the Supply Chain

Distribution

Transportation

Supply Chain Performance Measurement and Financial Analysis

Supply Chain Technology

Strategic Challenges and Change for Supply Chains

Filters

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