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CIPS - Latest L6M10 - Valid Global Logistics Strategy Test Vce

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CIPS L6M10 Exam Syllabus Topics:

Topic
Details

Topic 1

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 2

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.

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

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.

CIPS Global Logistics Strategy Sample Questions (Q10-Q15):

NEW QUESTION # 10
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.
Q: For Company B, what should be the focus area analyzed by the company manager?
Answer Options:

A. Customer satisfaction
B. Supply Chain technology
C. Order processing
D. Cost efficiency
E. Pricing practices

Answer: D

Explanation:
Company B needs to reduce shipping costs and maintain profitability, making cost efficiency the primary focus area. [P 166-169]

NEW QUESTION # 11
A company wants to implement a strategy that maintains product neutrality and customization possibilities for as long as possible in its supply chain. Which postponement strategy is most suitable for achieving this goal?

A. Information flow postponement
B. Logistics postponement
C. Manufacturing postponement
D. Material flow postponement

Answer: C

Explanation:
In the given scenario, the company wants to maintain product neutrality and customization possibilities for as long as possible. This aligns with the concept of manufacturing postponement, where a standard product is produced, but customization and personalization are delayed until customer requirements are confirmed or an order is placed. This strategy allows for flexibility in product design and customization while reducing the risk of producing unnecessary variations prematurely. [P-60]

NEW QUESTION # 12
How do customers and suppliers differ in their perspectives during return transactions?

A. Customers want remanufactured items, while suppliers seek new replacements.
B. Both are focused on quick refunds.
C. Customers prioritize quick refunds or replacements, while suppliers aim to extract residual value.
D. Both aim for remanufactured items.

Answer: C

Explanation:
Customers prioritize refunds/replacements, while suppliers focus on extracting residual value. [P-181]

NEW QUESTION # 13
What is crucial for inter-organizational reverse logistics practices?

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

Answer: A

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

NEW QUESTION # 14
What is the term used to describe the physical separation of different parts of a production process in global logistics?

A. Integration
B. Fragmentation
C. Globalization
D. Disintegration

Answer: B

Explanation:
Fragmentation allows different parts of production to occur in different countries, forming international production networks. [P-108]

NEW QUESTION # 15
......

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Zack Reed Zack Reed

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