QUIZ EFFICIENT CIPS - L6M9 - HOTTEST SUPPLY NETWORK DESIGN CERTIFICATION

Quiz Efficient CIPS - L6M9 - Hottest Supply Network Design Certification

Quiz Efficient CIPS - L6M9 - Hottest Supply Network Design Certification

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Tags: Hottest L6M9 Certification, Test L6M9 Free, Real L6M9 Exam Dumps, Valid L6M9 Test Cost, L6M9 Test Pass4sure

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CIPS L6M9 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Understand and apply leadership skills and behaviors appropriate for strategically improving the procurement and supply chain function: This section of the exam measures the skills of Supply Chain Managers and covers understanding leadership behaviors that enhance procurement processes. It assesses how to strategically improve supply chain functions, focusing on a key skill like "Strategic Decision Making".
Topic 2
  • Assess the strategic value of resource planning and control: This part targets Resource Planners, focusing on evaluating strategic resource planning concepts such as forecasting, scheduling, monitoring, and controlling resources effectively within the operational framework.
Topic 3
  • Understand operations strategy and its contribution to overall business success: Targeting Operations Directors, this section evaluates understanding of operations strategy's impact on organizations, including aligning with business goals, market requirements, and resource management.

CIPS Supply Network Design Sample Questions (Q54-Q59):

NEW QUESTION # 54
Which of the following is atechnique for continuous improvementthat employs afull-time specialist improvement team?

  • A. Employee suggestion scheme
  • B. Value stream mapping
  • C. Kaizen
  • D. Six Sigma

Answer: D

Explanation:
* Six Sigmaemploysdedicated full-time teamsfocused oncontinuous improvement.
* Kaizen (A)is anongoing improvement philosophybut does not require aspecialist team.
* Employee suggestion schemes (B)are informal.
* Value stream mapping (D)is a tool, not a full-time methodology.
(LO 2.3, See p.121)


NEW QUESTION # 55
What would the Boston Consulting Group Matrix help an organisation decide?

  • A. The desirable size of the supply network
  • B. The break-even point
  • C. Which product mix should be invested in
  • D. The optimum number of suppliers

Answer: C

Explanation:
TheBoston Consulting Group (BCG) Matrixidentifies four categories of products based on market size and growth rate. It is a useful tool for evaluating whether a product is performing well and whether it's worth investing in. Organisations use this matrix to determine which products to invest in and which ones to discontinue. (See p.130)


NEW QUESTION # 56
Salgo Ltd is an oil refinery organisation that has been in operation for 30 years. It has made increasing profits each year, with the most recent year's takings in excess of £20m. Salgo Ltd uses an Emergent Strategy principle when it comes to resource planning. What are the characteristics of this approach?Select ALL that apply.

  • A. A new strategy is created each year to replace the old one
  • B. There is a lot of forward planning
  • C. The strategy is effective at creating change
  • D. The organisation responds to market changes
  • E. The strategy is based on historical patterns

Answer: D,E

Explanation:
An emergent strategy is one that has developed over time based on historical patterns of behaviour. It is not planned; it has evolved based on how things have always been done. As a result, there isn't forward planning, and it is not an effective way of creating change. Instead, the organisation must be reactive to market changes.
(See p.153)


NEW QUESTION # 57
Andrea is the Chief Financial Officer at Big Corporation and is completing aVariance Analysis. She has reviewed the production costs of creating item B, and this month's costs show avariance to budget of £-200.
What does this mean?

  • A. The organisation has gained £200
  • B. The organisation has lost £200
  • C. More money was spent than expected
  • D. Less money was spent than expected

Answer: D

Explanation:
Anegative varianceto budget means that the companyspent £200 less than expected, which is apositive outcome. While it may seem counterintuitive, a negative variance inthis context indicates cost savings rather than overspending.Option D is incorrectbecause the organisation has saved £200, not gained it. (See p.198)


NEW QUESTION # 58
According toHays and Wheelwright, there arefour stages of operations functions, reflecting how an organisationapproaches its operational system.
Which of the following isStage 4, the stage that organisations should aspire to achieve?

  • A. Internally Neutral
  • B. Externally Supportive
  • C. Externally Neutral
  • D. Internally Supportive

Answer: B

Explanation:
#Externally SupportiveisStage 4, where an organisation's operations function is astrategic asset, driving competitive advantage.
#The four stages in order:1##Internally Neutral- Focus on avoiding mistakes2##Externally Neutral- Keeping up with industry standards3##Internally Supportive- Aligning operations with business strategy4## Externally Supportive- Operations function is acompetitive differentiator This model isimportant for the exam, somemorise the stages!(See LO 2.2, p.99)


NEW QUESTION # 59
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