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Free PDF Updated L6M10 - Global Logistics Strategy Dumps Questions
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L6M10 Valid Exam Sims & L6M10 Latest Test Fee
CIPS Certified professionals are often more sought after than their non-certified counterparts and are more likely to earn higher salaries and promotions. Moreover, cracking the Global Logistics Strategy (L6M10) exam helps to ensure that you stay up to date with the latest trends and developments in the industry, making you more valuable assets to your organization.
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
- 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 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.
CIPS Global Logistics Strategy Sample Questions (Q104-Q109):
NEW QUESTION # 104
Why are online returns a significant concern in reverse logistics?
- A. Online sales reduce returns.
- B. Online retailers lack returns systems.
- C. Online returns are increasing faster than counter sales.
- D. Customers rarely return online purchases.
Answer: C
Explanation:
E-commerce returns are nearly double counter sales returns, increasing complexity. [P-150]
NEW QUESTION # 105
ABCTech implements reverse logistics despite compliance costs. How does legislation affect this?
- A. Motivates reputation improvement.
- B. Ensures program success.
- C. Guarantees financial support.
- D. Reduces need for competitive pricing.
Answer: A
Explanation:
Compliance costs are offset by improved reputation and customer trust. [P-176]
NEW QUESTION # 106
What role do Third-Party Logistics (3PLs) play in the context of reverse logistics and supply chains?
- A. Facilitating government regulations
- B. Organizing customer service operations
- C. Acting as intermediaries in the reverse supply chain
- D. Providing raw materials for production
Answer: C
Explanation:
3PLs act as intermediaries in reverse supply chains, orchestrating network governance and facilitating supply chain management (SCM) best practices for client organizations. [P-186]
NEW QUESTION # 107
James is a supply chain manager for ABC furniture manufacturing company. He is considering implementing reverse logistics practices to reduce waste and costs. Based on the provided scenario, which of the following statements is most accurate?
- A. Reverse logistics is viewed as a cost center that requires cost control and waste reduction.
- B. Reverse logistics programs are unnecessary for furniture manufacturers as they already prioritize waste reduction.
- C. Reverse logistics is mainly focused on increasing waste and costs for manufacturing companies.
- D. Furniture manufacturers do not consider environmental impacts in their operations and focus solely on cost reduction.
Answer: A
Explanation:
Reverse logistics is generally seen as a cost center requiring tight cost controls and waste reduction efforts. In this scenario, the supply chain manager is considering implementing reverse logistics practices to reduce waste and costs. [P-142]
NEW QUESTION # 108
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.
What is the primary focus area of EcoElectronics Inc.?
Primary Focus Areas:
- A. Triple Bottom Line (TBL)
- B. Supply Chain Sustainability
- C. Green Logistics
- D. Social Impact
- E. Environmental Responsibility
Answer: E
Explanation:
EcoElectronics Inc. focuses on environmental responsibility by producing environmentally friendly electronic devices, reducing its carbon footprint, and minimizing electronic waste. [P 166-169]
NEW QUESTION # 109
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