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L6M10 Valid Dumps Ebook, L6M10 Dump File

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CIPS L6M10 Exam Syllabus Topics:

Topic
Details

Topic 1

Assess the strategic factors that influence reverse logistics: This section measures the skills of Logistics Coordinators in comparing factors affecting the implementation of reverse logistics strategies. It discusses challenges such as lack of infrastructure, forecasting difficulties, and perceptions of reverse logistics as a cost rather than a value-addition opportunity.

Topic 2

Understand the concept of reverse logistics and its impact on global logistics strategy: This section measures the skills of the target audience in assessing strategic factors influencing reverse logistics, such as government policies, economic considerations, and environmental impacts. It emphasizes understanding how these factors affect reverse logistics planning. A key skill measured is evaluating sustainability strategies in reverse logistics.

Topic 3

Understand global governance of the supply chain: This section measures the skills of Compliance Officers in assessing the impact of international legislation on globalized supply chains. It includes understanding jurisdictional issues and legal considerations affecting trade across multiple countries. A key skill measured is evaluating legal frameworks governing international trade.

Topic 4

Understand the strategic logistical implications of globalization: This section measures the skills of Logistics Managers and focuses on evaluating the logistics challenges presented by globalization. It covers issues such as centralized versus regionalized inventory holdings, international logistics practices, and the impact of transportation pipelines on inventory costs. A key skill measured is identifying logistics challenges in a global context.

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CIPS Global Logistics Strategy Sample Questions (Q138-Q143):

NEW QUESTION # 138
What is the primary purpose of adopting a strategy of "localisation" in global logistics?

A. Expanding the organization's capital equipment capacity
B. Increasing product availability in foreign markets
C. Adapting products and processes to suit target locations
D. Reducing transportation costs

Answer: C

Explanation:
Localisation ensures products and processes are adapted to suit target markets based on political, social, and cultural norms. [P-11]

NEW QUESTION # 139
What is crucial for inter-organizational reverse logistics practices?

A. Trust and collaboration between partners.
B. Independent supply chain members.
C. Frequent partner changes.
D. Outsourcing logistics.

Answer: A

Explanation:
Collaboration and trust among stakeholders ensure effective reverse logistics. [P-174]

NEW QUESTION # 140
James is a supply chain manager for ABC furniture manufacturing company. He is considering implementing reverse logistics practices to reduce waste and costs. Based on the scenario, which statement is most accurate?

A. Reverse logistics is viewed as a cost center requiring cost control and waste reduction.
B. Reverse logistics programs are unnecessary for furniture manufacturers.
C. Furniture manufacturers do not consider environmental impacts.
D. Reverse logistics is mainly focused on increasing waste and costs.

Answer: A

Explanation:
Reverse logistics is often treated as a cost center, necessitating cost management and efficiency. [P-142]

NEW QUESTION # 141
When an importer fills out a customs entry form, which of the following documentation must typically accompany the form?

A. Credit terms
B. Choice of currency
C. Certificate of origin
D. Documentary letter of credit

Answer: C

Explanation:
A certificate of origin verifies the origin of the goods and is crucial for tariff classification and duty assessment. [P-134]

NEW QUESTION # 142
The following five companies are dealing with the challenge of managing a product portfolio, catering to diverse customer segments across international territories. Each company manager is tasked with prioritizing specific focus areas and allocating resources to overcome challenges.
Company A: A grocery store chain frequently offers special promotions and discounts, significantly affecting ordering patterns. These volatile prices make it challenging to maintain a consistent revenue stream.
Company B: A growing e-commerce business experiencing increased shipping costs due to the rapid expansion of product offerings and customer base. To maintain profitability, they need to reduce costs.
Company C: A custom-made furniture manufacturer facing order processing delays, leading to longer lead times and increased customer complaints.
Company D: A manufacturer of high-demand electronic gadgets experiencing demand exceeding supply, requiring order rationing. Customers are frustrated due to errors in the rationing system and have attempted to game the system.
Company E: A global electronics manufacturer struggling to manage its complex supply chain across multiple regions. The company needs to leverage technology to improve efficiency and reduce operational costs.
Each company must also take recommended actions to address its primary challenge.
Q: For Company A, what recommended action should the company manager take?
Answer Options:

A. Improving order accuracy
B. Leveraging economies of scale
C. Implementing automation and machine learning
D. Handling price fluctuations
E. Implementing order batching

Answer: D

Explanation:
To address price volatility, Company A should focus on handling price fluctuations through better pricing strategies and demand forecasting. [P 166-169]

NEW QUESTION # 143
......

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Carl Adams Carl Adams

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