Free CIPS L6M10 Exam Questions

What is a key factor considered when choosing between centralised and regionalised inventory handling?

What explains the growing influence of reverse logistics? 

Who sets reverse logistics goals? 

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.

Case 1: Company A, a grocery store chain, frequently offers special promotions and discounts to its customers, which significantly affect their ordering patterns. These volatile prices have made it challenging to maintain a consistent revenue stream.

Case 2: Company B, a growing e-commerce business, has seen an increase in its shipping costs due to a rapid expansion of its product offerings and customer base. To address this challenge and maintain profitability, they need a cost reduction.

Case 3: Company C, a well-established manufacturer of custom-made furniture, has been experiencing delays in its order processing, resulting in longer lead times and increased customer complaints.

Case 4: Company D, a manufacturer of high-demand electronic gadgets, has been experiencing a situation where demand consistently exceeds supply for its products, leading to the necessity of rationing orders. However, customers have been frustrated by errors in the rationing system and have occasionally gamed the system to their advantage.

Case 5: Company E, a global electronics manufacturer, faces challenges in managing its complex and geographically dispersed supply chain. They are struggling to meet customer demands efficiently while minimizing operational costs. To improve their supply chain and meet the demands of a dynamic market, they need to concentrate on using technology.

For Company A, what should the recommend actions analysed by the company manager.

A procurement professional is tasked with optimizing the global pipeline for a multinational organization. They want to eliminate non-value-adding processes and improve efficiency. What technique should they consider using?