CIPS
L5M10
Q1:
Yolo Inc. is a low-cost manufacturer with tight margins. To remain profitable, logistics must help reduce costs. Which transportation strategy best supports this aim?
○
A
Run a competitive tender annually to secure the cheapest logistics provider○
B
Manage inbound logistics to strict KPIs to reduce waste and delays○
C
Eliminate all activities that do not provide value add○
D
Brand all fleet vehicles with company logos
CIPS
L5M10
Q2:
Jack bought a washing machine from a UK retailer. After 1 year, a fault develops that stops it from working. Under UK legislation can Jack return the item?
○
A
Yes -- if this is within the warranty period○
B
Yes -- if he has attempted to fix the item himself and cannot fix it○
C
No -- as he has used the item○
D
No -- a customer has a maximum of 14 or 30 days to return the item
CIPS
L5M10
Q3:
Supply Chain Management is an overarching term which includes several areas of a business. Which of the following are business processes which would fall under the concept of Supply Chain Management? Select THREE
☐
A
HR☐
B
Innovation and Product Design☐
C
Procurement☐
D
Logistics☐
E
Finance
CIPS
L5M10
Q4:
Jolie is a Warehouse Manager proposing a Warehouse Management System (WMS). Which of the following are advantages of using a WMS? Select THREE.
☐
A
It will develop a push-based supply chain☐
B
It can reduce labour costs☐
C
Inventory accuracy will be improved☐
D
It will provide real-time information☐
E
It will lead to further orders from online retailers
CIPS
L5M10
Q5:
In which circumstance does the supplier hold the power in negotiations?
○
A
Low-value contract, high market risk○
B
High-value contract, low market risk○
C
Low-value contract, low market risk○
D
High-value contract, low market risk