L6M10 ACTUAL TEST | PRACTICE L6M10 EXAMS

L6M10 Actual Test | Practice L6M10 Exams

L6M10 Actual Test | Practice L6M10 Exams

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Tags: L6M10 Actual Test, Practice L6M10 Exams, Exam L6M10 Pass4sure, New L6M10 Study Plan, L6M10 Certification Dumps

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Pass Guaranteed 2025 CIPS Perfect L6M10: Global Logistics Strategy Actual Test

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CIPS Global Logistics Strategy Sample Questions (Q113-Q118):

NEW QUESTION # 113
How has the nature of competition in today's globalized markets evolved?

  • A. Competition is now primarily between companies within the same industry
  • B. Competition is limited to domestic markets
  • C. Competition is no longer a significant factor in global markets
  • D. Competition is supply chain versus supply chain, rather than company versus company

Answer: D

Explanation:
Global competition now occurs at the supply chain level rather than between individual companies, emphasizing strategic partnerships and efficiency. [P-3]


NEW QUESTION # 114
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 D, what recommended action should the company manager take?
Answer Options:

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

Answer: D

Explanation:
To address errors in the rationing system, Company D should focus on improving order accuracy, ensuring fair distribution of limited supply. [P 166-169]


NEW QUESTION # 115
In which type of global supply chain coordination and governance do suppliers take full responsibility for process technology and make capital outlays for components on behalf of customers?

  • A. Markets
  • B. Relational value chains
  • C. Captive value chains
  • D. Modular value chains

Answer: D

Explanation:
In modular value chains, suppliers provide turnkey services, making capital outlays for technology and materials while manufacturing products to customer specifications. [P-115]


NEW QUESTION # 116
What are the four categories in which reverse logistics systems can be classified, according to De Brito and Dekker?

  • A. 2 and 4
  • B. 3 and 4
  • C. 1 and 3
  • D. 1 and 2

Answer: C

Explanation:
The categories are product recovery systems, reverse logistics systems, product return networks, and enterprise returns management systems. [P-140]


NEW QUESTION # 117
What is the primary focus of the codification approach to supply chain knowledge management?

  • A. Documenting historical data
  • B. Extracting knowledge from individuals
  • C. Personalizing knowledge access
  • D. Making knowledge available centrally

Answer: D

Explanation:
The codification approach ensures that knowledge is stored centrally in repositories and databases for organizational access. [P-106]


NEW QUESTION # 118
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