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CIPS L6M10 Exam Syllabus

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Before starting your L6M10 exam preparation, it is recommended to review the complete CIPS Global Logistics Strategy exam syllabus and carefully go through the exam objectives listed below. Once you understand the exam structure and objectives, you should practice using our free L6M10 questions. We also provide premium L6M10 practice test, fully updated according to the latest exam objectives, to help you accurately assess your preparedness for the actual exam.

CIPS
Vendor
L6M10
Exam Code
197
Total Questions
3
Total Exam Domains

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L6M10 EXAM QUESTIONS

CIPS L6M10 Exam Objectives

Section 1: 1.0 Understand the strategic logistical implications of globalization
Weight:
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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
Section 2: 2.0 Understand global governance of the supply chain
Weight:
-
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
Section 3: 3.0 Understand the concept of reverse logistics and its impact on global logistics strategy
Weight:
-
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
Info
https://www.cips.org/qualifications/professional-diploma-in-procurement-supply/global-logistics-strategy