Which of the following types of benchmarking would a company utilize in order to determine why a significant gap exists in its order fill rates?
Answer : B
A logistics service provider has an average on-time delivery of 30%, average damage free delivery of 30%, and average correct documentation of 30%. Which of the following values represents the probability that the next delivery would be on-time, damage free, and with correct documentation?
Answer : D
Which of the following factors would be considered of strategic importance to a firm's logistics function?
Answer : A
Procurement professionals are focused on the total cost of ownership (TCO) in their vendor selection strategies. This implies that:
Answer : C
A company wants to minimize tariff costs while avoiding the need to file for duty drawback. Which of the following practices would best achieve this objective?
Answer : D
An organization wanting to improve the management of resources and exceptions across the supply chain should focus on enhancing:
Answer : A
Which of the following terms refer to the contract leasing of an airplane where only the equipment, maintenance, and insurance are included?
Answer : A