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CIPS Global Logistics Strategy Sample Questions (Q195-Q200):
NEW QUESTION # 195
ABC company is considering adopting practices to reduce carbon consumption and emissions in its production and transportation processes to protect the environment. Which term is most relevant to the ABC company's environmental goals?
Answer: D
Explanation:
Green logistics refers to reduction in carbon consumption and emission reduction in production and transportation processes with the aim of protecting the environment. [P-144]
NEW QUESTION # 196
ABC global firm has been primarily using a centralized organizational structure for decades. However, due to increasing competition and the need to adapt to local markets, the firm is considering restructuring. What organizational change might align better with its current challenges?
Answer: C
Explanation:
A virtual team approach allows firms to maintain coordination while adapting to local conditions, leveraging information and communication technologies. [P-104]
NEW QUESTION # 197
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 should be the focus area analyzed by the company manager?
Answer Options:
Answer: D
Explanation:
Company C faces delays in order processing, leading to increased lead times. Thus, order processing should be the key focus area. [P 166-169]
NEW QUESTION # 198
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?
Answer: D
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 # 199
What are some important design considerations for a reverse logistics system focused on product recovery networks?
Quantity
Branding
Timing
Marketing
Answer: C
Explanation:
Quantity and timing are critical for managing supply-demand mismatches in product recovery. [P-178]
NEW QUESTION # 200
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