100% Pass CIPS L6M10 Latest Reliable Exam Topics
100% Pass CIPS L6M10 Latest Reliable Exam Topics
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Tags: Reliable L6M10 Exam Topics, Valid L6M10 Exam Forum, L6M10 Exam Tutorials, L6M10 Top Questions, L6M10 Reliable Dumps Sheet
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CIPS L6M10 Exam Syllabus Topics:
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CIPS Global Logistics Strategy Sample Questions (Q23-Q28):
NEW QUESTION # 23
What does waste reduction refer to in manufacturing and consumption processes?
- A. Reducing the number of reworks and scrapped items.
- B. Reducing the use of resources.
- C. Reducing the need for reverse logistics.
- D. Reducing the production of goods.
Answer: A
Explanation:
Waste reduction in manufacturing and consumption processes refers to actions taken to decrease the amount of waste produced, such as reducing the number of reworks and scrapped items. [P-143]
NEW QUESTION # 24
How has the nature of competition in today's globalized markets evolved?
- A. Competition is supply chain versus supply chain, rather than company versus company
- B. Competition is no longer a significant factor in global markets
- C. Competition is limited to domestic markets
- D. Competition is now primarily between companies within the same industry
Answer: A
Explanation:
Global competition now occurs at the supply chain level rather than between individual companies, emphasizing strategic partnerships and efficiency. [P-3]
NEW QUESTION # 25
A multinational corporation is considering expanding its operations to low-wage economies in developing countries to reduce labor costs and gain access to proprietary knowledge. Which of the following best describes this strategy?
- A. Environmental and safety standards compliance
- B. Centralized distribution centers
- C. Pursuit of cost efficiency in the supply chain
- D. Global consolidation of transportation
Answer: C
Explanation:
Expanding operations to low-wage economies aligns with a cost efficiency strategy, aiming to reduce labor costs and maximize purchasing leverage in the global supply chain. [P-14]
NEW QUESTION # 26
What is the key enabler for global sourcing, global production, global distribution, transportation, and delivery in logistics and supply chain management?
- A. Repetitive transactions
- B. Geographical location
- C. Information and Communications Technology (ICT)
- D. Organizational affiliations
Answer: C
Explanation:
ICT (Information and Communications Technology) is essential for enabling seamless global logistics and supply chain operations. [P-105]
NEW QUESTION # 27
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. Modular value chains
- B. Markets
- C. Captive value chains
- D. Relational value chains
Answer: A
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 # 28
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