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CIPS L6M10 Authorized Certification: Global Logistics Strategy - ActualTestsQuiz Provides you a Simple & Safe Shopping Experience
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Quiz 2025 CIPS Perfect L6M10: Global Logistics Strategy Authorized Certification
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CIPS L6M10 Exam Syllabus Topics:
Topic
Details
Topic 1
- 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 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
- 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 (Q100-Q105):
NEW QUESTION # 100
What is one approach Sarah, an experienced exporter, can take to minimize the risk of disputes over the interpretation of an international sales contract?
- A. Make small changes to Incoterms without notifying the buyer.
- B. Explicitly specify variations or additions to Incoterms relevant to the trade.
- C. Avoid specifying any terms in the contract to keep it flexible.
- D. Rely solely on Incoterms without any variations or additions.
Answer: B
Explanation:
To minimize disputes, Sarah should explicitly specify variations or additions to Incoterms in her contract to ensure clarity. [P-123]
NEW QUESTION # 101
Who are primary participants in return transactions?
- A. 1 and 4
- B. 1 and 2
- C. 2 and 3
- D. 3 and 4
Answer: A
Explanation:
Customers and suppliers (organization) are key participants in returns. [P-181]
NEW QUESTION # 102
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. Leveraging economies of scale
- B. Implementing order batching
- C. Handling price fluctuations
- D. Improving order accuracy
- E. Implementing automation and machine learning
Answer: C
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 # 103
What is the primary challenge addressed by a global logistics strategy?
- A. Maximizing profitability through cost-effective execution of orders
- B. Managing and upgrading logistics and distribution channels
- C. Competing in the global market
- D. Navigating the world trade system effectively
Answer: A
Explanation:
A global logistics strategy focuses on delivering products and services efficiently while maximizing profitability through cost-effective order execution. [P-3]
NEW QUESTION # 104
Who has the ultimate responsibility for setting meaningful goals for reverse logistics systems in the organization?
- A. Individual workers
- B. Suppliers
- C. Senior management
- D. Customers
Answer: C
Explanation:
Senior management holds ultimate responsibility for setting reverse logistics goals. [P-181]
NEW QUESTION # 105
......
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