Question 1

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 B

Question 2

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

Accepted Answer

A) True 
 B)False  True

Question 3

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

Categorically,their responses tended to focus on several key areas of concern as follows:
· Service-level commitments not realized
· Time and effort spent on logistics not reduced
· Cost reductions not realized
· Cost "creep" and price increases once relationship has commenced
· Unsatisfactory transition during implementation stage
· Inability to form meaningful and trusting relationships
· Lack of ongoing improvements and achievements in offerings
· Lack of strategic management and/or consultative/knowledge-based skills
· Lack of global capabilities
Overall,it suggests a need to meet service-level and cost objectives and to avoid unnecessary increases in price to the customer once the relationship has commenced.Also,it appears that some 3PLs need to improve in the areas of strategic management,technology,and knowledge-based skills.These suggest expectations by the customers that currently are not being met.Finally,some users of 3PL services feel that the time and effort spent on logistics have not decreased,and that their control over the outsourced function may have lessened.

Question 4

Define Third Party Logistics and list some of the participants in this sector.

Accepted Answer

Essentially,a third-party logistics firm

Question 5

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

Accepted Answer

A) True 
 B)False

Question 6

Many companies do not want to outsource logistics because they have a core competency in logistics.

Accepted Answer

A) True 
 B)False

Question 7

The most frequently outsourced function is freight bill payment.

Accepted Answer

A) True 
 B)False

Question 8

A financially based 3PL is a firm that takes a financial interest in a firm in order to underwrite the outsourcing of that firm's logistics.

Accepted Answer

A) True 
 B)False

Question 9

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 logistic services,

Accepted Answer

A)  customers are demanding a change. 
B)  executives from other areas in the firms are also aware of such needs but to a lesser degree. 
C)  a 4PL will suggest greater collaboration. 
D)  off shore sourcing will point to greater need. 
A)  customers are demanding a change. 
B)  executives from other areas in the firms are also aware of such needs but to a lesser degree. 
C)  a 4PL will suggest greater collaboration. 
D)  off shore sourcing will point to greater need.

Question 10

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

Accepted Answer

A) True 
 B)False

Question 11

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 12

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

Accepted Answer

Included are transportation-ba

Question 13

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

Accepted Answer

Step 1: Perform Strategic Assessment,Ste

Question 14

Define and discuss the term "4PL."

Accepted Answer

Although it has been around for some tim

Question 15

Define what a "transactional" relationship is,and discuss how this occurs in logistics.

Accepted Answer

The range of relationship types extends

Question 16

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

Accepted Answer

Drivers are defined as compelling reason

Question 17

Companies are working more closely with

Accepted Answer

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

Question 18

A horizontal relationship refers to firms on the same level in the supply chain.

Accepted Answer

A) True 
 B)False

Question 19

Generally,there are two types of logistics relationships.Name both,and pick one to discuss in more detail.

Accepted Answer

The first is what may be termed vertical

Question 20

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.

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

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

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.

Define Third Party Logistics and list some of the participants in this sector.

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

Many companies do not want to outsource logistics because they have a core competency in logistics.

The most frequently outsourced function is freight bill payment.

A financially based 3PL is a firm that takes a financial interest in a firm in order to underwrite the outsourcing of that firm's logistics.

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 logistic services,

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

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

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

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

Define and discuss the term "4PL."

Define what a "transactional" relationship is,and discuss how this occurs in logistics.

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

Companies are working more closely with

A horizontal relationship refers to firms on the same level in the supply chain.

Generally,there are two types of logistics relationships.Name both,and pick one to discuss in more detail.

Vertical collaboration refers to

Supply Chain Management: An Overview

Role of Logistics in Supply Chains

Global 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

Managing Reverse Flows in the Supply Chain

Strategic Challenges and Change for Supply Chains

Filters

Exam 4: Supply Chain Relationships

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

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

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.

Define Third Party Logistics and list some of the participants in this sector.

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

Many companies do not want to outsource logistics because they have a core competency in logistics.

The most frequently outsourced function is freight bill payment.

A financially based 3PL is a firm that takes a financial interest in a firm in order to underwrite the outsourcing of that firm's logistics.

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 logistic services,

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

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

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

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

Define and discuss the term "4PL."

Define what a "transactional" relationship is,and discuss how this occurs in logistics.

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

Companies are working more closely with

A horizontal relationship refers to firms on the same level in the supply chain.

Generally,there are two types of logistics relationships.Name both,and pick one to discuss in more detail.

Vertical collaboration refers to

Supply Chain Management: An Overview

Role of Logistics in Supply Chains

Global 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

Managing Reverse Flows in the Supply Chain

Strategic Challenges and Change for Supply Chains

Filters

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