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CIPS L6M10 PDF Format which has 100% correct answers
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CIPS L6M10 Exam Syllabus Topics:
Topic
Details
Topic 1
Topic 2
Topic 3
Topic 4
CIPS Global Logistics Strategy Sample Questions (Q30-Q35):
NEW QUESTION # 30
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 recommended action should the company manager take?
Answer Options:
Answer: D
Explanation:
To reduce costs, Company B should focus on leveraging economies of scale to achieve cost savings in logistics and operations. [P 166-169]
NEW QUESTION # 31
Which of the following technologies are transforming the role of distribution centers within the supply chain network? (Select all that apply)
Answer: A,C,D,E
Explanation:
Voice picking: Uses speech recognition for efficient order picking.
Semi-autonomous machines: Enhance automation and predictive maintenance.
Facility management: Manages distribution center systems for efficiency.
Detection systems: Improve safety and machine monitoring.
Blockchain technology is not listed as a transformative technology for distribution centers. [P-48]
NEW QUESTION # 32
What is key for resource allocation in reverse logistics?
Answer: C
Explanation:
Customer demands for environmental responsibility drive resource allocation. [P-179]
NEW QUESTION # 33
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 C, what should be the focus area analyzed by the company manager?
Answer Options:
Answer: B
Explanation:
Company C faces delays in order processing, leading to increased lead times. Thus, order processing should be the key focus area. [P 166-169]
NEW QUESTION # 34
What is the primary focus of managing transportation in the context of global logistics?
Answer: D
Explanation:
Minimizing transportation costs is a key focus, as it is a non-value-adding activity in the supply chain, and reducing costs improves overall efficiency. [P-4]
NEW QUESTION # 35
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