Chapters 9–14: Logistics & Supply-Chain Management Vocabulary

0.0(0)
studied byStudied by 0 people
learnLearn
examPractice Test
spaced repetitionSpaced Repetition
heart puzzleMatch
flashcardsFlashcards
Card Sorting

1/64

flashcard set

Earn XP

Description and Tags

A comprehensive set of vocabulary flashcards covering logistics, CRM, service operations, process integration, and performance measurement topics from Chapters 9–14.

Study Analytics
Name
Mastery
Learn
Test
Matching
Spaced

No study sessions yet.

65 Terms

1
New cards

Logistics

The planning, execution, and control of the efficient movement and storage of goods, services, and information from origin to consumption.

2
New cards

Time Utility

The value added by making products available when customers need them.

3
New cards

Place Utility

The value added by having products available where customers want to buy or use them.

4
New cards

Motor Carrier (Truck)

Road‐based transport mode offering high accessibility and speed for short-to-medium hauls.

5
New cards

Rail Transportation

Cost-effective land mode suited for heavy, bulk, and long-distance shipments.

6
New cards

Air Transportation

Fastest but most expensive mode, used for high-value or perishable goods.

7
New cards

Water Transportation

Low-cost mode for very large or heavy international or domestic shipments via oceans or inland waterways.

8
New cards

Pipeline Transportation

Mode dedicated to liquids, gases, or slurries, providing constant, reliable flow at low operating cost.

9
New cards

Intermodal Transportation

Use of two or more transport modes in a single shipment to capitalize on each mode’s strengths.

10
New cards

Trailer-on-Flatcar (TOFC)

Intermodal method where truck trailers are loaded onto rail flatcars.

11
New cards

Real-Time Tracking (RTL)

Technology that provides continuous visibility of shipment location and status.

12
New cards

Public Warehouse

Third-party facility offering storage and handling services on a short-term or pay-per-use basis.

13
New cards

Private Warehouse

Company-owned facility dedicated to storing and distributing its own products.

14
New cards

Cross-Docking

Warehouse practice that transfers inbound shipments directly to outbound vehicles with minimal storage time.

15
New cards

Consolidation Warehouse

Facility that combines multiple small shipments into larger, more economical loads.

16
New cards

Cold Chain

Temperature-controlled supply chain for perishable products such as food or pharmaceuticals.

17
New cards

Risk Pooling

Inventory strategy that lowers safety stock by aggregating demand across locations.

18
New cards

Warehouse Location Strategy

Decision framework balancing cost, service level, taxes, and risk when choosing facility sites.

19
New cards

Lean Warehousing

Application of lean principles to eliminate waste and improve quality, speed, and sustainability in warehouses.

20
New cards

Third-Party Logistics (3PL)

External provider that performs logistics activities previously handled in-house.

21
New cards

Reverse Logistics

Process of moving goods from customers back to the supply chain for returns, repair, recycling, or disposal.

22
New cards

Customer Relationship Management (CRM)

Organizational strategy and technology for understanding, targeting, and retaining customers.

23
New cards

Market Segmentation

Dividing customers into groups with similar needs or behaviors for targeted marketing.

24
New cards

Permission Marketing

Promotion practice that seeks customer consent before sending messages.

25
New cards

Mobile Outreach

Use of smartphones and tablets to interact with customers anytime, anywhere.

26
New cards

Behavior Prediction

Analyzing past data to forecast future customer actions and preferences.

27
New cards

Customer Lifetime Value (CLV)

Present value of all profits expected from a customer over the entire relationship.

28
New cards

CRM System

Integrated software that aligns sales, marketing, and service data and processes.

29
New cards

Sales Force Automation (SFA)

CRM tool that streamlines and tracks sales activities, contacts, and pipelines.

30
New cards

Lead Management

Process of acquiring, scoring, nurturing, and converting prospects into customers.

31
New cards

Knowledge Management System

Repository that captures and shares customer and product knowledge for service and support.

32
New cards

Data Integration

Combining information from disparate sources to create a unified customer view.

33
New cards

Artificial Intelligence (AI) in CRM

Use of machine learning and analytics to personalize offers and automate service tasks.

34
New cards

Mobile CRM

Access to CRM functions through mobile devices for field and remote users.

35
New cards

Social CRM

Leveraging social media platforms to engage customers and gather feedback.

36
New cards

Service Operations

Activities that deliver intangible products involving high customer interaction.

37
New cards

Service Productivity

Measure of output versus input in services, complicated by customization and labor intensity.

38
New cards

Strategic Service Layout

Design of physical or virtual space to enhance flow, efficiency, and customer experience.

39
New cards

Queuing Theory

Mathematical study of waiting lines used to predict and manage customer wait times.

40
New cards

Reliability (Service Quality)

Ability to perform the promised service dependably and accurately.

41
New cards

Responsiveness (Service Quality)

Willingness to help customers promptly.

42
New cards

Assurance (Service Quality)

Employees’ knowledge, courtesy, and ability to instill trust and confidence.

43
New cards

Empathy (Service Quality)

Caring, individualized attention given to customers.

44
New cards

Tangibles (Service Quality)

Physical facilities, equipment, and appearance of personnel.

45
New cards

Demand Leveling

Smoothing service demand through pricing, promotions, or reservations to match capacity.

46
New cards

Capacity Planning

Determining the resources needed to meet service demand effectively.

47
New cards

Virtual Queuing

System that allows customers to wait remotely rather than in physical lines.

48
New cards

Franchising (Distribution Strategy)

Replicating a service business model through independent owner-operators under a brand.

49
New cards

Internet Service Delivery

Providing services entirely or partially through online platforms.

50
New cards

Supply Chain Process Integration

Alignment and synchronization of internal and external processes across the supply chain.

51
New cards

Silo Mentality

Attitude where departments focus on their own goals at the expense of cross-functional collaboration.

52
New cards

Bullwhip Effect

Amplification of demand variability as orders move upstream in the supply chain.

53
New cards

Collaborative Education

Joint training efforts among supply‐chain partners to build shared knowledge and trust.

54
New cards

Every Day Low Pricing (EDLP)

Consistent, stable pricing strategy that reduces promotional spikes and demand variability.

55
New cards

Supply Chain Visibility

Real-time access to data about inventory, shipments, and demand throughout the supply network.

56
New cards

Supply Chain Risk Management

Identification and mitigation of potential disruptions to supply‐chain operations.

57
New cards

Supply Chain Security

Measures to protect goods, information, and infrastructure from theft, terrorism, or sabotage.

58
New cards

Business Continuity Planning

Proactive planning to sustain operations during and after disruptive events.

59
New cards

Performance Metric

Quantitative measure used to assess how well objectives are being met.

60
New cards

Efficiency

Doing tasks with minimal resource consumption; input-focused performance.

61
New cards

Effectiveness

Achieving desired outcomes or goals; output-focused performance.

62
New cards

Balanced Scorecard

Framework that balances financial, customer, internal process, and learning metrics.

63
New cards

SCOR Model

Supply Chain Operations Reference model outlining Plan, Source, Make, Deliver, Return, and Enable processes for benchmarking.

64
New cards

Supply Chain Flexibility

Ability of a supply chain to respond quickly to volume or mix changes.

65
New cards

Order Fulfillment

End-to-end process of receiving, processing, and delivering customer orders accurately and on time.