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CIPS L6M10 Exam Syllabus Topics:

Topic	Details
Topic 1	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 2	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 3	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 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.

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CIPS Global Logistics Strategy Sample Questions (Q84-Q89):

NEW QUESTION # 84
Which of the following methods help reduce price and currency fluctuations in a global supply chain? (Select all that apply)

A. Currency choice
B. Supply chain optimization
C. Currency options
D. Just-in-time inventory

Answer: A,C

Explanation:
There are five methods for reducing price and currency fluctuations in a global supply chain. Among these methods, the following two are mentioned:
Currency choice: Setting transaction pricing in the currency of the buyer to transfer foreign exchange risk to the customer.
Currency options: Buying contracts that give the organization the right to buy or sell currency at an agreed price within a specific time period, reducing the risk of unfavorable fluctuations.
The other options (B and C) are not mentioned as methods for reducing currency fluctuations in the text. [P-21]

NEW QUESTION # 85
What are common methods of payment used in international trade? (Select ALL that apply)

A. Banker's draft
B. Documentary letter of credit (LC/LOC)
C. Telegraphic transfer
D. Debit card payment
E. Mail transfer

Answer: A,B,C,E

Explanation:
Common payment methods in international trade include telegraphic transfer, mail transfer, banker's draft, and documentary letter of credit (LC/LOC). These methods facilitate secure and efficient cross-border transactions. Debit card payments are more commonly used for domestic transactions. [P-135]

NEW QUESTION # 86
What is key for resource allocation in reverse logistics?

A. Maximizing profits
B. Satisfying customer preferences
C. Meeting regulations
D. Reducing production costs

Answer: B

Explanation:
Customer demands for environmental responsibility drive resource allocation. [P-179]

NEW QUESTION # 87
How has the nature of competition in today's globalized markets evolved?

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

Answer: C

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

NEW QUESTION # 88
Why did corporations like General Motors and DuPont shift to relatively decentralized organizational structures?

A. To enhance global competition
B. To increase economies of scale
C. To improve adaptability to local conditions
D. To reduce the importance of technology

Answer: C

Explanation:
Corporations structured business units around products and geographic markets to enhance flexibility and local adaptability. [P-102]

NEW QUESTION # 89
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VCE L6M10 Dumps, Online L6M10 Version

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