Latest L6M10 Training & Reliable L6M10 Exam Review
Latest L6M10 Training & Reliable L6M10 Exam Review
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Tags: Latest L6M10 Training, Reliable L6M10 Exam Review, L6M10 Practice Guide, Valid L6M10 Exam Tutorial, L6M10 Boot Camp
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CIPS Global Logistics Strategy Sample Questions (Q23-Q28):
NEW QUESTION # 23
What distinguishes the terms "inbound" and "outbound" in the context of reverse logistics?
- A. The direction of product movement
- B. The mode of transportation
- C. The location of the product
- D. The level of urgency
Answer: A
Explanation:
"Inbound" refers to receiving returns, while "outbound" refers to returning products to customers. [P-181]
NEW QUESTION # 24
How does outsourcing logistics activities to a 3PL contribute to cost reduction for the client organization?
- A. By decentralizing decision-making processes
- B. By centralizing order processing and efficient asset use
- C. By increasing overhead costs
- D. By introducing complexities in relationship management
Answer: B
Explanation:
Outsourcing logistics activities to a 3PL centralizes order processing, optimizes asset utilization, and reduces transaction costs, resulting in cost efficiency. [P-186]
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. Global consolidation of transportation
- B. Pursuit of cost efficiency in the supply chain
- C. Centralized distribution centers
- D. Environmental and safety standards compliance
Answer: B
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
A multinational technology company operates in a highly competitive industry with rapidly changing technology. They release new product versions frequently, and their products have short lifecycles. Which of the following global logistics strategies would be most suitable for this company?
- A. Centralized inventory management
- B. Dynamic and flexible supply chain network
- C. Traditional organizational structure
- D. Static supply chain network
Answer: B
Explanation:
A dynamic and flexible supply chain network helps companies manage rapid product changes and short product lifecycles. [P-95]
NEW QUESTION # 27
What is the significance of end-to-end integration in capturing efficiencies from new technologies?
- A. It allows companies to focus solely on domestic markets
- B. It helps companies realize the full potential of new technologies in production and logistics
- C. It reduces the need for global logistics
- D. It increases production costs
Answer: B
Explanation:
End-to-end integration ensures that companies can maximize efficiencies from new technologies across supplier networks and logistics operations. [P-2]
NEW QUESTION # 28
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