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Free PDF Reliable L6M10 - Global Logistics Strategy Valid Guide Files
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Free PDF Quiz 2025 CIPS L6M10 High Hit-Rate Valid Guide Files
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CIPS L6M10 Exam Syllabus Topics:
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CIPS Global Logistics Strategy Sample Questions (Q136-Q141):
NEW QUESTION # 136
What are common methods of payment used in international trade? (Select ALL that apply)
- A. Telegraphic transfer
- B. Debit card payment
- C. Banker's draft
- D. Mail transfer
- E. Documentary letter of credit (LC/LOC)
Answer: A,C,D,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 # 137
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 C, what recommended action should the company manager take?
Answer Options:
- A. Improving order accuracy
- B. Handling price fluctuations
- C. Implementing automation and machine learning
- D. Leveraging economies of scale
- E. Implementing order batching
Answer: E
Explanation:
To reduce order delays, Company C should implement order batching to streamline order processing and improve efficiency. [P 166-169]
NEW QUESTION # 138
Jane, a supply chain manager, is attending a seminar on reverse logistics. She is curious about the factors contributing to the increasing influence of reverse logistics. Which of the following options best explains the reasons for this growing influence?
- A. The need for organizations to reduce their operational costs.
- B. The implementation of stricter regulations on transportation and supply chain management.
- C. The rise in product returns and various economic, environmental, and social factors.
- D. The increasing complexity of forward logistics operations.
Answer: C
Explanation:
The growing influence of reverse logistics is primarily attributed to the increase in product returns and various factors such as economic, marketing, environmental, legislative, and social aspects. [P-149]
NEW QUESTION # 139
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 should be the focus area analyzed by the company manager?
Answer Options:
- A. Order processing
- B. Customer satisfaction
- C. Pricing practices
- D. Cost efficiency
- E. Supply Chain technology
Answer: B
Explanation:
Customers are frustrated by errors in order rationing, making customer satisfaction the key focus area to ensure fair allocation and maintain trust. [P 166-169]
NEW QUESTION # 140
What IT-driven capabilities are essential for best-practice 3PLs managing reverse logistics?
- A. Traditional paper-based documentation
- B. Phone-based communication systems
- C. Manual tracking methods
- D. Cloud-based computing, EDI, ERP, and RFID
Answer: D
Explanation:
Best-practice 3PLs managing reverse logistics require cloud-based computing, EDI (Electronic Data Interchange), ERP (Enterprise Resource Planning), and RFID (Radio Frequency Identification) for enhanced visibility and efficiency. [P-184]
NEW QUESTION # 141
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