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CIPS L6M10 Exam Syllabus Topics:
Topic
Details
Topic 1
- 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 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
- 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
- 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.
CIPS Global Logistics Strategy Sample Questions (Q19-Q24):
NEW QUESTION # 19
Which international convention is known as the Vienna Convention and covers the contract of sale between an exporter and an importer?
- A. Economic Commission of West African States (ECOWAS)
- B. United Nations Conventions on Contracts for the International Sale of Goods (CISG)
- C. International Chamber of Commerce rules and terms of trade
- D. Warsaw Convention
Answer: B
Explanation:
The Vienna Convention refers to the United Nations Convention on Contracts for the International Sale of Goods (CISG), which governs international sales contracts. [P-118]
NEW QUESTION # 20
What does the concept of separability of the flow of goods and the flow of ownership refer to?
- A. It signifies the ability to distinguish between the ownership of goods and their physical location.
- B. It means goods and ownership must always be physically located together.
- C. It highlights the importance of independent suppliers in foreign countries.
- D. It implies that multinational firms cannot engage in foreign direct investment.
Answer: A
Explanation:
The separability of goods and ownership means that goods may be physically located in one place, while ownership remains with an entity elsewhere. [P-111]
NEW QUESTION # 21
What is the main characteristic of closed loop supply chains?
- A. Cyclical motions of forward and reverse flows with minimal leakage.
- B. Focusing only on reverse flows.
- C. Minimizing forward flows.
- D. Prioritizing open-loop systems.
Answer: A
Explanation:
Closed loop systems integrate forward and reverse logistics in a sustainable cycle. [P-144]
NEW QUESTION # 22
Who has the ultimate responsibility for setting meaningful goals for reverse logistics systems in the organization?
- A. Individual workers
- B. Customers
- C. Senior management
- D. Suppliers
Answer: C
Explanation:
Senior management holds ultimate responsibility for setting reverse logistics goals. [P-181]
NEW QUESTION # 23
A company is looking to improve cost efficiency while remaining responsive to customer demands in its supply chain operations. Which practice involves outsourcing core logistics capabilities to specialist providers like DHL and FedEx?
- A. Total external asset management
- B. Fourth-party logistics (4PL)
- C. Stock and inventory management
- D. Third-party logistics (3PL)
Answer: D
Explanation:
Third-party logistics (3PL) involves outsourcing logistics functions to specialized providers such as DHL and FedEx to improve efficiency and responsiveness. [P-38]
NEW QUESTION # 24
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