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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	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.
Topic 4	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.

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CIPS Global Logistics Strategy Sample Questions (Q135-Q140):

NEW QUESTION # 135
Sarah is a product manager for a company that specializes in electronic gadgets. She is launching a new innovative gadget that has never been introduced in the market before. In which phase of the product life cycle is flexibility likely to be the most crucial for Sarah's new gadget?

A. Introduction phase
B. Decline phase
C. Growth phase
D. Maturity phase

Answer: A

Explanation:
During the introduction phase of a product's life cycle, innovation and adaptation are key. Flexibility is crucial as the product is being introduced to a new market and consumer demand is uncertain. [P-184]

NEW QUESTION # 136
Which of the following is NOT a way in which reverse logistics creates value for organizations?

A. Reducing customer satisfaction and loyalty
B. Recovering value from used/returned goods
C. Obtaining feedback for product improvements
D. Increasing product life cycles

Answer: A

Explanation:
Reverse logistics enhances customer satisfaction by addressing returns and repairs, rather than reducing loyalty. [P-139]

NEW QUESTION # 137
What are common methods of payment used in international trade? (Select ALL that apply)

A. Debit card payment
B. Mail transfer
C. Documentary letter of credit (LC/LOC)
D. Banker's draft
E. Telegraphic transfer

Answer: B,C,D,E

Explanation:
Common payment methods in international trade include telegraphic transfer, mail transfer, banker's draft, and documentary letter of credit (LC/LOC). These methods facilitate secure and efficient cross-border transactions. Debit card payments are more commonly used for domestic transactions. [P-135]

NEW QUESTION # 138
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. International Chamber of Commerce rules and terms of trade
C. Warsaw Convention
D. United Nations Conventions on Contracts for the International Sale of Goods (CISG)

Answer: D

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 # 139
What does the concept of separability of the flow of goods and the flow of ownership refer to?

A. It means goods and ownership must always be physically located together.
B. It implies that multinational firms cannot engage in foreign direct investment.
C. It signifies the ability to distinguish between the ownership of goods and their physical location.
D. It highlights the importance of independent suppliers in foreign countries.

Answer: C

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 # 140
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