Best Practice for CIPS L6M10 Exam Preparation

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The free demo L6M10 practice question is available for instant download. Download the CIPS L6M10 exam dumps demo free of cost and explores the top features of CIPS L6M10 Exam Questions and if you feel that the Global Logistics Strategy exam questions can be helpful in L6M10 exam preparation then take your buying decision.

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	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 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	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 (Q16-Q21):

NEW QUESTION # 16
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 recommended action should the company manager take?
Answer Options:

A. Implementing order batching
B. Improving order accuracy
C. Handling price fluctuations
D. Leveraging economies of scale
E. Implementing automation and machine learning

Answer: E

Explanation:
To manage its complex global supply chain, Company E should implement automation and machine learning to optimize logistics, forecasting, and cost management. [P 166-169]

NEW QUESTION # 17
Mr. Mark works as a customer service manager for an e-commerce company called "ShopSmart." ShopSmart sells a wide range of products online, and Mark's team is responsible for addressing customer inquiries and issues. Below are five customer cases that need to be resolved. For each case, find the solution for the issue and select preventive measures.
Customer 1: Jane ordered a birthday gift for her daughter, but it arrived two days late, missing the special day. She had meticulously planned a surprise celebration, and the late delivery disrupted her plans. As a result, her daughter was left disappointed, and Jane is seeking not only a solution to the delayed delivery but also a way to make it up to her daughter.
Customer 2: Jack received a defective electronic gadget he ordered, and it's not functioning correctly. Jack wants to know how ShopSmart can rectify this situation and ensure that he receives a fully functional replacement or a refund.
Customer 3: Sarah received her order, but some items from her purchase were missing. Sarah is seeking a solution to get the missing items as soon as possible to avoid disappointment and inconvenience.
Customer 4: Mike noticed a billing discrepancy on his credit card statement related to a recent purchase. He's a loyal customer and has never encountered such an issue before. Mike is concerned about the erroneous charges on his statement and is looking for a prompt resolution and clarification regarding the billing error.
Customer 5: Emily wants a refund for a dress she ordered online, but it doesn't fit as expected. The dress size was not in line with ShopSmart's sizing chart, and Emily wants to return the dress and receive a refund promptly. She's looking for a hassle-free return process and a full refund for the purchase.
Q: How can Customer 2 Jack's issue be resolved?
Answer Options:

A. Special offer for the next purchase
B. Immediate shipping of the missing items
C. Ensure a simple return process
D. Replacement or refund
E. Refund the extra charges

Answer: D

Explanation:
Jack should be offered the choice of receiving a fully functional replacement or a refund for the defective gadget. [P 166-169]

NEW QUESTION # 18
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. Environmental Responsibility
B. Triple Bottom Line (TBL)
C. Social Impact
D. Supply Chain Sustainability
E. Green Logistics

Answer: A

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 # 19
The quarterly Global Supply Chain Risk Report measures strategic logistical risks across industry sectors using four key risk metrics. Which metric examines the impact of the exchange rate when transactions occur between the buying organization and supply partners who use different currencies?

A. Supplier criticality
B. Supplier financial risk
C. Global sourcing risk
D. Foreign exchange risk

Answer: D

Explanation:
Foreign exchange risk measures the impact of currency fluctuations when conducting transactions in different currencies, affecting supply chain costs. [P-63]

NEW QUESTION # 20
What role do Third-Party Logistics (3PLs) play in the context of reverse logistics and supply chains?

A. Providing raw materials for production
B. Organizing customer service operations
C. Acting as intermediaries in the reverse supply chain
D. Facilitating government regulations

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 # 21
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BEST PRACTICE FOR CIPS L6M10 EXAM PREPARATION

Best Practice for CIPS L6M10 Exam Preparation