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CIPS L6M9 Exam Syllabus Topics:
Topic
Details
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
- 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.
Topic 3
- 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.
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CIPS Supply Network Design Sample Questions (Q81-Q86):
NEW QUESTION # 81
In aResource-Based View (RBV)of strategic management, which characteristics make aresource strategically valuableto an organisation? SelectALLthat apply.
- A. Scarcity
- B. Immovability
- C. Replicable
- D. Optimisable
- E. Originality
Answer: A,B,E
Explanation:
#The three characteristics of a valuable resource are:
* Scarcity- The resource isnot widely available.
* Originality- It isunique and not easily imitated.
* Immovability- The resourcecannot be easily transferredto another company.
#Incorrect options:
* Replicable: A valuable resource shouldNOTbe easily copied.
* Optimisable: A resource is valuable when it isalready optimised, not just when itcan beimproved.
(See LO 2.2, p.102)
NEW QUESTION # 82
Which of the following statements aboutDemand Chain Management (DCM)areTRUE? SelectALLthat apply.
- A. Key drivers of demand chain management are cash flow and profitability
- B. The supply chain uses forecasts and plans to understand customer demand
- C. Demand chain management is a strengths-based approach
- D. There is a long-term focus
- E. An organisation can be effective or efficient, but not both
- F. Demand chain management focuses on cost minimisation
Answer: A,B,C,D
Explanation:
#Correct statements about DCM:
* (C)Cash flow and profitabilityarekey drivers.
* (D)It is astrengths-basedapproach, focusing onleveraging competitive advantages.
* (E)There is along-term focusrather than just short-term efficiency.
* (F)Usesforecasts and planningto understand customer demand.
#Incorrect statements:
* (A)False - A companyCANbe bothefficient and effective.
* (B)False -Supply Chain Management (SCM)focuses oncost minimisation, whileDemand Chain Management (DCM)focuses oncustomer value.
(See LO 2.3, p.125)
NEW QUESTION # 83
Who are thefour business playersin theValue Net? SelectALLthat apply.
- A. Customer
- B. Complementor
- C. Distributor
- D. Supplier
- E. Competitor
- F. Buyer
Answer: A,B,D,E
Explanation:
TheValue Netconsists ofsuppliers, customers, competitors, and complementors. Unlike asupply chain, which focuses on material and information flow, theValue Netis about creatingbusiness value.
* Supplier:Provides goods/services
* Customer:Purchases goods/services
* Competitor:Competes in the same market
* Complementor:A business that enhances your product/service offering
Buyer and distributorare not primary players in the Value Net. (See LO 1.2, p.31)
NEW QUESTION # 84
In amanufacturing organisationthat produces cupcakes, which of the following categories ofcapacitytakes into accountstaff absencesandunplanned lossessuch as a late delivery of raw materials?
- A. Available capacity
- B. Effective capacity
- C. Design capacity
- D. Actual capacity
Answer: D
Explanation:
* Actual capacityaccounts forreal-life factors, includingstaff absences, supply chain delays, and other disruptions.
* Design capacity (A)is themaximumproduction level in an ideal scenario (no disruptions).
* Effective capacity (B) and available capacity (C) are the same, accounting forplanned stoppages, butnot unplanned losses.
(LO 2.2, See p.115)
NEW QUESTION # 85
Risks are always present within organisational strategies, and it is important that they are assessed. Which of the following arestrategies for dealing with risk?
- A. Terminate, escape, eliminate, destroy
- B. Escape, eliminate, evade, end
- C. Track, control, mitigate, reduce
- D. Avoid, eliminate, reduce, transfer
Answer: D
Explanation:
Thefour risk management strategiesare often remembered asTEAR:
* Transfer: Shift the risk to another party (e.g., insurance, outsourcing).
* Eliminate: Remove the risk entirely where possible.
* Avoid: Choose not to engage in activities that introduce the risk.
* Reduce: Take measures to minimize the impact or likelihood of the risk occurring.
(See p.200)
NEW QUESTION # 86
......
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