CIPS L6M10 Exam Topics

CIPS L6M10 Exam Overview :

Exam Name:	Global Logistics Strategy
Exam Code:	L6M10
Certifications:	CIPS Level 6 Professional Diploma in Procurement and Supply Certification
Actual Exam Duration:	90 minutes
See Expected Questions:	CIPS L6M10 Expected Questions in Actual Exam

CIPS L6M10 Exam Objectives :

Section	Objectives
1.0 Understand the strategic logistical implications of globalization	1.1 Evaluate the logistics challenges that globalization presents Consequences for inventory handling and transport such as: Centralized vs. regionalized inventory holdings International logistics practices – storage and handling practices Extended transportation pipelines and time tomarket – obsolesce and inventory holding costs Global consolidation Economies of scale and batching Price and currency fluctuation Multiple freight modes and cost Location analysis Trade-offs between responsiveness to local markets and economies of scale 1.2 Assess the structure of a global strategic logistics and supply chain network Layering and tiring Information flow and coordination 3 and 4PL Influence of Original Equipment Manufacturers (OEM) Time horizons – preparation, finalisation, shipment and delivery Individual plants Changing role of distribution centres Flexibility to respond to local markets Response to governmental incentives – adjusting taxes, incentives and infrastructure to favour selection Reconfiguration processes Changing the global pipeline Local vs. global postponed manufacturing 1.3 Assess the strategic logistical risks of globalization and the associated responses Geopolitical threats Transportation and/or pipeline breakdowns Security threats Responses such as: Inventory policies and levels Transport network redesign Sole vs. global trading arrangements Contingency planning and risk protocols
2.0 Understand global governance of the supply chain	2.1 Contrast the strategic influences on globalised supply chain governance Geographical spread and supply chain/network complexity Coordination between units and elements of the supply chain/network Embedded teams vs. virtual centralisation ‘Decentralised centralisation’ - central reporting and working but not centrally co-located Incorporating new regions into global governance The flow of goods vs. the flow of ownership 2.2 Assess the impact of international legislation on the globalised supply chain The role of international courts in deciding precedence Which legal system is generally accepted by all parties – multiple countries passed through during the course of the trade Which court has jurisdiction over form of contract, disputes, underperformance, etc. – exporter, importer, or third country Legal considerations in global markets, shipment, insurance, handling, clearance, payment,t and other related matters
3.0 Understand the concept of reverse logistics and its impact on global logistics strategy	3.1 Assess the concept and requirements of reverse logistics What is reverse logistics Waste reduction Point of consumption back to point of origin Why is the concept becoming more influential: Product returns Repairs and maintenance Reuse End-of-life returns and recycling or dismantling 3.2 Assess the strategic factors that influence reverse logistics Government policy and legislation Economic considerations Increasing landfill costs Increasing cost of disposal vs. profit from recoverable manufacturing Environmental considerations Triple bottom line and sustainability Corporate Social Responsibility Green logistics Buying sets of services 3.3 Contrast factors that influence strategic reverse logistics External factors such as: Legislation Customer demand Incentives Internal factors such as: Environmental concerns Strategic cost/benefits Volume and quality returns Resource Integration and coordination 3.4 Compare factors which affect the implementation of reverse logistics strategy No infrastructure and insufficient resources Difficult to forecast flow and composition Not a priority Driven by legislation and not identified business value Regarded as an additional cost Unpopular as regarded as a sign of failure
Official Information	https://www.cips.org/qualifications/professional-diploma-in-procurement-supply/global-logistics-strategy

Updates in the CIPS L6M10 Exam Topics:

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