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CIPS Global Logistics Strategy Sample Questions (Q67-Q72):

NEW QUESTION # 67
Which of the following factors may influence plant performance within the supply chain network? (Select all that apply)

A. Employee attitudes and mentality
B. Standardization of operations
C. Geographic location
D. Trade-offs between different performance metrics
E. Plant structure and infrastructure

Answer: A,C,D,E

Explanation:
Geographic location: Can influence plant performance based on its proximity to raw material sources or distribution centers.
Plant structure and infrastructure: Differences in structure and infrastructure can impact productivity.
Employee attitudes and mentality: Cultural variations and employee behavior can significantly affect plant performance.
Trade-offs between different performance metrics: Organizations may have to balance cost efficiency with responsiveness, impacting performance. [P 46-47]

NEW QUESTION # 68
What does waste reduction refer to in manufacturing and consumption processes?

A. Reducing the number of reworks and scrapped items.
B. Reducing the need for reverse logistics.
C. Reducing the use of resources.
D. Reducing the production of goods.

Answer: A

Explanation:
Waste reduction focuses on minimizing defects and inefficiencies in production. [P-143]

NEW QUESTION # 69
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. Implementing automation and machine learning
B. Handling price fluctuations
C. Leveraging economies of scale
D. Implementing order batching
E. Improving order accuracy

Answer: D

Explanation:
To reduce order delays, Company C should implement order batching to streamline order processing and improve efficiency. [P 166-169]

NEW QUESTION # 70
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 ProfitablePharma Corp.?

A. Supply Chain Sustainability
B. Green Logistics
C. Social Impact
D. Environmental Responsibility
E. Triple Bottom Line (TBL)

Answer: E

Explanation:
ProfitablePharma Corp. is committed to balancing financial success with social and environmental responsibility, making "Triple Bottom Line (TBL)" their priority area. [P 166-169]

NEW QUESTION # 71
What does the volume of product returns need to be in order to justify the resources allocated for reverse logistics activities?

A. Significantly high for scale economies
B. Only a fraction of total production
C. A small percentage of total sales
D. Sufficient to ensure low resource utilization

Answer: A

Explanation:
High return volumes ensure scale economies and full utilization of resources. [P-179]

NEW QUESTION # 72
......

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L6M10 Labs | L6M10 Pdf Dumps

L6M10 Pdf Dumps & L6M10 Reliable Torrent

CIPS Global Logistics Strategy Sample Questions (Q67-Q72):

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