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CIPS L6M10 Exam Syllabus Topics:
Topic
Details
Topic 1
- 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 2
- 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 3
- 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 4
- 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.
CIPS Global Logistics Strategy Sample Questions (Q113-Q118):
NEW QUESTION # 113
Under what conditions does the United Nations Convention on Contracts for the International Sale of Goods (CISG) typically apply to international sales contracts?
- A. When the transacting parties explicitly choose the CISG in their contract
- B. When the transacting parties have not specified any applicable law
- C. When the contract is exclusively for the sale of services
- D. Only when both transacting parties are residents of contracting countries
Answer: B
Explanation:
The CISG applies by default when the contract does not explicitly specify an applicable legal framework. [P-125]
NEW QUESTION # 114
In the context of managing an extended transportation pipeline, what is the primary concern associated with implementing a "just in time" (JIT) inventory system?
- A. Increasing the risk of disruptions if material flow or labor is interrupted
- B. Reducing the cost of inventory holding
- C. Minimizing the reliance on warehousing and storage
- D. Reducing transportation costs through last-minute logistics planning
Answer: A
Explanation:
JIT inventory systems reduce storage costs but increase vulnerability to supply chain disruptions due to material flow or labor interruptions. [P-13]
NEW QUESTION # 115
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 E, what should be the focus area analyzed by the company manager?
Answer Options:
- A. Supply Chain technology
- B. Order processing
- C. Pricing practices
- D. Cost efficiency
- E. Customer satisfaction
Answer: A
Explanation:
Company E is struggling with a complex global supply chain. The best approach is to invest in supply chain technology to enhance efficiency. [P 166-169]
NEW QUESTION # 116
Which type of packaging is suitable for palletized cargoes secured to the pallet?
- A. Wooden boxes
- B. Stackable and nestable heavy-duty plastic crates
- C. Shrink-wrapping
- D. Flat wrapping
Answer: C
Explanation:
Shrink-wrapping provides a protective covering around palletized cargo, securing goods during transportation. [P-133]
NEW QUESTION # 117
Peter, an international trade negotiator, is involved in discussions about creating a new international trade agreement. The agreement will cover emerging issues related to internet technologies and e-commerce. In the context of Peter's negotiations, how should the treatment of precedent be approached in new branches of international law, such as internet technologies and e-commerce?
- A. Precedent should be treated as a primary source of international law.
- B. Precedent should always be followed without exception.
- C. Variable and flexible use of precedent can be beneficial.
- D. Precedent should be disregarded entirely to encourage flexibility.
Answer: C
Explanation:
In new branches of international law, such as internet technologies and e-commerce, a flexible use of precedent helps adapt to evolving circumstances. [P-120]
NEW QUESTION # 118
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