Top Latest L6M10 Exam Vce Help You Clear Your CIPS L6M10: Global Logistics Strategy Exam Certainly

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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 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 3	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 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 (Q79-Q84):

NEW QUESTION # 79
Five companies from different industries are participating in a sustainability summit where they discuss and share their approaches to integrating the triple bottom line (TBL), corporate social responsibility (CSR), and green logistics into their business operations. The companies include:
EcoElectronics Inc. - An electronic device manufacturing company with a focus on environmentally friendly products. The company is committed to reducing its carbon footprint by using recycled materials in its products and minimizing electronic waste.
SocialSolutions Ltd. - A consulting firm specializing in social impact initiatives and community development. Their commitment to social impact involves working closely with local communities, implementing initiatives that empower individuals, and fostering sustainable development.
ProfitablePharma Corp. - A pharmaceutical company committed to balancing financial success with social and environmental responsibility. Beyond financial profitability, the company places a high value on moral pharmaceutical practices. This includes ensuring affordable access to medications and minimizing environmental impact in the manufacturing process.
ModernTrans Logistics - A logistics company that specializes in sustainable and eco-friendly carriage solutions. The company invests in a modern and eco-friendly fleet, utilizing alternative fuels and optimizing routes to reduce emissions.
TechInnovate Innovations - A technology company striving to incorporate green practices in its supply chain and operations. Their commitment includes sourcing ethically produced raw materials and adopting energy-efficient manufacturing processes, minimizing environmental impact while driving innovation in the technology sector.
You are required, for each company, to align the primary focus area and recommend the key factor.
Q: What is the primary focus area of ProfitablePharma Corp.?

A. Triple Bottom Line (TBL)
B. Supply Chain Sustainability
C. Social Impact
D. Environmental Responsibility
E. Green Logistics

Answer: A

Explanation:
ProfitablePharma Corp. is committed to balancing financial success with social and environmental responsibility, making "Triple Bottom Line (TBL)" their priority area. [P 166-169]

NEW QUESTION # 80
XYZ Manufacturing is a company based in the USA that produces industrial equipment. The company has been focusing on enhancing its reverse logistics practices to align with environmental regulations. Which of the following acts is an example of an environmental law that may influence XYZ Manufacturing's reverse logistics activities?

A. Americans with Disabilities Act
B. Occupational Safety and Health Act
C. Clean Air Act
D. Equal Pay Act

Answer: C

Explanation:
The Clean Air Act is a USA environmental law addressing air pollution and emissions. [P-176]

NEW QUESTION # 81
What actions should a procurement professional take to protect the supply chain from transportation and/or pipeline breakdowns? (Select all that apply)

A. Collaborative planning with supply partners
B. Increasing inventory
C. Introduction of EDI
D. Information sharing with supply partners
E. Ignore the economic impact

Answer: A,C,D

Explanation:
EDI (Electronic Data Interchange) improves communication and reduces delays.
Collaborative planning ensures proactive risk management.
Information sharing enhances visibility and coordination across the supply chain.
Increasing inventory and ignoring economic impact are not recommended solutions. [P-73]

NEW QUESTION # 82
Which of the following methods help reduce price and currency fluctuations in a global supply chain? (Select all that apply)

A. Currency choice
B. Supply chain optimization
C. Currency options
D. Just-in-time inventory

Answer: A,C

Explanation:
There are five methods for reducing price and currency fluctuations in a global supply chain. Among these methods, the following two are mentioned:
Currency choice: Setting transaction pricing in the currency of the buyer to transfer foreign exchange risk to the customer.
Currency options: Buying contracts that give the organization the right to buy or sell currency at an agreed price within a specific time period, reducing the risk of unfavorable fluctuations.
The other options (B and C) are not mentioned as methods for reducing currency fluctuations in the text. [P-21]

NEW QUESTION # 83
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. Cost efficiency
C. Pricing practices
D. Order processing
E. Supply Chain technology

Answer: B

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

NEW QUESTION # 84
......

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Top Latest L6M10 Exam Vce Help You Clear Your CIPS L6M10: Global Logistics Strategy Exam Certainly

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CIPS Global Logistics Strategy Sample Questions (Q79-Q84):

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