L6M10 STUDY GUIDES - L6M10 VALID DUMP

L6M10 Study Guides - L6M10 Valid Dump

L6M10 Study Guides - L6M10 Valid Dump

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Tags: L6M10 Study Guides, L6M10 Valid Dump, L6M10 Test Preparation, L6M10 New Braindumps Free, Reliable L6M10 Test Simulator

As we all know, it is a must for all of the candidates to pass the exam if they want to get the related L6M10 certification which serves as the best evidence for them to show their knowledge and skills. If you want to simplify the preparation process, here comes a piece of good news for you. We will bring you integrated L6M10 Exam Materials to the demanding of the ever-renewing exam, which will be of great significance for you to keep pace with the times.

CIPS L6M10 Exam Syllabus Topics:

TopicDetails
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
  • 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
  • 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 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 L6M10 Valid Dump & L6M10 Test Preparation

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CIPS Global Logistics Strategy Sample Questions (Q189-Q194):

NEW QUESTION # 189
Why must organizations consider pressure groups' influence?

  • A. They influence government and businesses.
  • B. Pressure groups have political power.
  • C. They focus on internal policies.
  • D. They provide financial support.

Answer: A

Explanation:
Pressure groups shape public opinion and policy, affecting brand reputation. [P-175]


NEW QUESTION # 190
Sarah, a retail logistics manager, is concerned about challenges in reverse logistics. What is the main challenge?

  • A. Reverse logistics is viewed as low-cost.
  • B. Reverse logistics is seen as a value source.
  • C. Managers overlook its strategic value.
  • D. Managers lack knowledge.

Answer: C

Explanation:
Managers often undervalue reverse logistics' strategic impact on profitability and customer relations. [P-146]


NEW QUESTION # 191
When an importer fills out a customs entry form, which of the following documentation must typically accompany the form?

  • A. Credit terms
  • B. Documentary letter of credit
  • C. Certificate of origin
  • D. Choice of currency

Answer: C

Explanation:
A certificate of origin verifies the origin of the goods and is crucial for tariff classification and duty assessment. [P-134]


NEW QUESTION # 192
What unique characteristic of reverse logistics contributes to the challenges of determining an adequate quantity/volume to justify the expense of retrieving a product?

  • A. Volatility in supply
  • B. Minimal storage requirements
  • C. Single supplier dependency
  • D. Low product variety

Answer: A

Explanation:
Reverse logistics involves collecting products from various sources and locations, leading to volatility in supply due to uncertainties in product returns, return rates, and material life. This complexity makes it challenging to determine what quantity/volume justifies the retrieval expense. [P-183]


NEW QUESTION # 193
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.
Each company must also take recommended actions to address its primary challenge.
Q: For Company A, 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. Handling price fluctuations
  • E. Improving order accuracy

Answer: D

Explanation:
To address price volatility, Company A should focus on handling price fluctuations through better pricing strategies and demand forecasting. [P 166-169]


NEW QUESTION # 194
......

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