Free CIPS L5M7 Exam Questions

Become CIPS Certified with updated L5M7 exam questions and correct answers

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Total 122 Questions | Updated On: Oct 29, 2024

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Question 1

Which of the following is an example of a closed-loop supply chain?

A : farm supplying milk to a diary manufacturer

B : The extraction of diamonds from a mine which are sold to a jewellery manufacturer

C : sale of second-hand cars at a retail outlet

D : retailer which accepts old phones to be given back to the manufacturer

Answer: D

Question 2

Which of the following are advantages of using local sourcing? Select TWO

A : higher costs

B : less environmental impact

C : cheaper

D : exibility for support and maintenance

E : higher quality

Answer: B,D

Question 3

2021-12-12-20-13-11-fe34ae48204fe846edb8a33191316a58

Which of the following will you put into box 3?

A : ocess

B : formation

C : rformance

D : rategy

Answer: D

Question 4

An organisation can leverage effective Supply Chain Management to deliver Competitive Advantage. What is meant by Competitive Advantage?

A : tperforming competitors financially

B : coming the leader in the marketplace through working closely with the supply chain

C : benefit that an organisation can use to out perform competitors in the marketplace

D : t savings by narrowing the supply chain

Answer: C

Question 5

Six-Sigma is only suitable to the manufacturing industry. Is this correct?

A : yes- this reduces defects in the supply chain

B : - it is an excellent way of reducing costs

C : - six sigma can be used across all industries and enables bottom-line savings

D : - six sigma is not suitable for the manufacturing industry

Answer: C

Page: 1 / 25

Total 122 Questions | Updated On: Oct 29, 2024

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