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L6M10 Exam Torrent - L6M10 Practice Test & L6M10 Quiz Torrent
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CIPS Global Logistics Strategy Sample Questions (Q117-Q122):
NEW QUESTION # 117
ABC company operates in the global supply chain and wants to manage price and currency fluctuations effectively. Which surcharge could help them account for difficulties in navigating poor infrastructure, backlogs, and delays in transportation?
- A. Currency adjustment factor
- B. Bunker adjustment factor
- C. Peak season surcharge
- D. War risk surcharge
Answer: C
Explanation:
Peak season surcharge accounts for transportation challenges such as backlogs, delays, and infrastructure limitations during high-demand periods. [P-22]
NEW QUESTION # 118
A company is experiencing an increase in customer orders for a particular product, which exceeds the forecasted demand. What stage within the supply chain network activities is most relevant for addressing this situation?
- A. Finalisation
- B. Shipment
- C. Preparation
- D. Delivery
Answer: A
Explanation:
The finalisation stage of the supply chain involves making tactical adjustments to meet unexpected demand surges by increasing resources and capacity. [P-43]
NEW QUESTION # 119
Sarah, a supply chain manager, is considering implementing a reverse logistics strategy in her organization. She's concerned about potential obstacles that might hinder its success. She believes that a lack of resources and expertise might be a challenge. What potential barrier is Sarah worried about when implementing a reverse logistics strategy?
- A. Excessive government regulations
- B. Lack of integration between forward and reverse flows
- C. Inadequate product demand
- D. No infrastructure and insufficient resources
Answer: D
Explanation:
Sarah is concerned that there might be a lack of knowledgeable and expert human resources required to develop, execute, and manage the required reverse logistics program. This aligns with the option "No infrastructure and insufficient resources." [P-182]
NEW QUESTION # 120
Five companies from different industries are participating in a sustainability summit where they discuss and share their approaches to integrating the triple bottom line (TBL), corporate social responsibility (CSR), and green logistics into their business operations. The companies include:
EcoElectronics Inc. - An electronic device manufacturing company with a focus on environmentally friendly products. The company is committed to reducing its carbon footprint by using recycled materials in its products and minimizing electronic waste.
SocialSolutions Ltd. - A consulting firm specializing in social impact initiatives and community development. Their commitment to social impact involves working closely with local communities, implementing initiatives that empower individuals, and fostering sustainable development.
ProfitablePharma Corp. - A pharmaceutical company committed to balancing financial success with social and environmental responsibility. Beyond financial profitability, the company places a high value on moral pharmaceutical practices. This includes ensuring affordable access to medications and minimizing environmental impact in the manufacturing process.
ModernTrans Logistics - A logistics company that specializes in sustainable and eco-friendly carriage solutions. The company invests in a modern and eco-friendly fleet, utilizing alternative fuels and optimizing routes to reduce emissions.
TechInnovate Innovations - A technology company striving to incorporate green practices in its supply chain and operations. Their commitment includes sourcing ethically produced raw materials and adopting energy-efficient manufacturing processes, minimizing environmental impact while driving innovation in the technology sector.
You are required, for each company, to align the primary focus area and recommend the key factor.
Q: What is the primary focus area of TechInnovate Innovations?
- A. Environmental Responsibility
- B. Triple Bottom Line (TBL)
- C. Green Logistics
- D. Social Impact
- E. Supply Chain Sustainability
Answer: E
Explanation:
TechInnovate Innovations is a technology company striving to incorporate green practices in its supply chain and operations, aligning with "Supply Chain Sustainability" as its priority area. [P 166-169]
NEW QUESTION # 121
Emma's issue for 3PL compatibility is:
- A. Stakeholder compatibility
- B. Innovation strategies
- C. 3PL flexibility
- D. Cost reduction
Answer: A
Explanation:
Compatibility among all stakeholders ensures effective partnerships. [P-184]
NEW QUESTION # 122
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