Part 1: Vocabulary and Terminology (60 points)

a. Choose the correct term to fill in the blank: (20 points)

1. The process of transporting goods from one location to another is called _______.
a. Procurement
b. Distribution
c. Warehousing
d. Production
2. The document used to describe and track goods being shipped is a _______.
a. Purchase order
b. Bill of lading
c. Packing slip
d. Invoice
3. The process of storing goods in a warehouse is called _______.
a. Transportation
b. Warehousing
c. Procurement
d. Distribution
4. A document issued by a carrier to acknowledge receipt of cargo for shipment is a
_______.
a. Purchase order
b. Bill of lading
c. Invoice
d. Packing list
5. _______ is the time taken between placing an order and receiving the goods.
a. Lead time
b. Delivery time
c. Transit time
d. Processing time
Vocabulary and Terminology
b. Multiple Choice (20 points)
6. The document used to specify the terms and conditions of a shipment is called a
_______.
a. Packing list
b. Bill of lading
c. Invoice
d. Delivery note
7. The system used to manage the flow of goods, data, and finances is known as
_______.
a. Supply chain management
b. Inventory management
 c. Warehousing
d. Distribution
8. _______ logistics deals with the return of goods from customers to the company.
a. Inbound
b. Reverse
c. Outbound
d. Forward
c. Match the terms in A clolumn with their definitions in B column (20 points):
A B
is the broader strategic oversight and optimization of inventory to meet
Freight
1-e a customer demand, minimize costs, and avoid overstocking or
Forwarder
stockouts.
Inventory the process of dealing with goods that have been returned to
2-a b
Management the company by customers
Just-In-Time a large building for storing things before they are sold, used, or sent out
3-i c
(JIT) to shops
refers to the very last step of the delivery process when a parcel is
4-g Supply Chain d moved from a transportation hub to its final destination—which,
usually, is a personal residence or retail store.
is a third party who helps organize and coordinate shipments on behalf
Reverse
5-b e of individuals or businesses by contracting with one or more carriers to
Logistics
transport the goods.
the process of obtaining supplies of something, especially for a
6-h Lead Time f
government or an organization
the system of people and things that are involved in getting
7-c Warehousing g
a product from the place where it is made to the person who buys it
Last-Mile the time between the design of a product and its production, or
8-d h
Delivery between ordering a product and receiving it
is a form of inventory management that requires working closely with
9-f Procurement i suppliers so that raw materials arrive as production is scheduled to
begin, but no sooner.

Part 2. Reading Comprehension (20 points)

Read the following passage and answer the questions below.
Passage:
Efficient logistics systems are critical in global trade. Technologies such as Warehouse
Management Systems (WMS) and Transportation Management Systems (TMS) streamline
operations. For instance, a WMS tracks inventory in real-time, while a TMS optimizes
delivery routes and reduces costs. Companies that invest in these systems can achieve higher
customer satisfaction and operational efficiency.
In logistics, efficiency and cost-effectiveness are critical for success. Technologies such as
blockchain, artificial intelligence (AI), and the Internet of Things (IoT) are revolutionizing the
industry. Blockchain ensures transparency in supply chains, while AI helps optimize routes
and predict demand. IoT devices, such as smart sensors, monitor the condition of goods in
real time, ensuring quality and minimizing losses.
Questions:
1. What are three technologies mentioned in the passage, and what are their roles?
- WMS and TMS: streamline operations ???
- Blockchain: ensures transparency in supply chains
- AI: helps optimize routes and predict demand
- IoT: monitor the condition of goods in real time, ensuring quality and
minimizing losses.
2. How does IoT help in logistics?
- IoT helps to monitor the condition of goods in real time, ensuring quality and
minimizing losses
3. Why is transparency important in supply chains?
- Transparency is crucial because it builds trust among stakeholders in the
supply chain, reduces risks of fraud or errors, and improves operational
efficiency. ???
4. What are WMS and TMS, and what roles do they play?
- a WMS tracks inventory in real-time
- a TMS optimizes delivery routes and reduces costs
5. How does a TMS contribute to reducing costs?
- A TMS reduces costs by optimizing delivery routes, saving time, and
minimizing fuel consumption during transportation ???

6. Why are efficient logistics systems important in global trade?

- Efficient logistics systems are vital in global trade because they enhance
customer satisfaction, improve operational efficiency, and reduce costs.
7. What benefits do companies gain by using these technologies?
- can achieve higher customer satisfaction, operational efficiency and Reduced
losses and lower costs.

PART 3: Writing (20 points)

Write an essay (150-250 words) on ONE of the following topics:
1. The Role of Technology in Modern Logistics
2. The Challenges and Opportunities in Global Logistics