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CLTD Module 1 Question and answers already passed 2024/2025 $13.49   Add to cart

Exam (elaborations)

CLTD Module 1 Question and answers already passed 2024/2025

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  • Course
  • CLTD - Certified in Logistics
  • Institution
  • CLTD - Certified In Logistics

CLTD Module 1 Question and answers already passed 2024/2025 CLTD Module 1: SECTION B supply chain management - correct answer The design, planning, execution, control, and monitoring of supply chain activities with the objective of creating net value, building a competitive infrastructure, lev...

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  • September 15, 2024
  • 9
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • cltd module 1
  • CLTD - Certified in Logistics
  • CLTD - Certified in Logistics
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Carzola98
CLTD Module 1: SECTION B
supply chain management - correct answer ✔The design, planning,
execution, control, and monitoring of supply chain activities with the objective
of creating net value, building a competitive infrastructure, leveraging
worldwide logistics, synchronizing supply with demand, and measuring
performance globally.
(Suppliers+Logistics+Customers)


Leveraging logistics - correct answer ✔take advantage of you and your
suppliers' and your customers' networks rather than duplicating efforts


Competitive advantage in logistics - correct answer ✔mastery of
fundamentals of perfect order fulfillment at low enough cost and high inventory
turnover


Logistics in 1960 - correct answer ✔each aspect are their own fragmented
silo


logistics in 1980 - correct answer ✔inbound and outbound integration


logistics in 1990 - correct answer ✔total logistics integration


logistics in 2000s - correct answer ✔creation of 'Supply chain management"


Bulk of logistics work classified as - correct answer ✔tactical


How difference in perspective of SCM+Log. changed view of inventory -
correct answer ✔-used to be seen as buffer between SC links

, -Now, sees inv as last resort with more focus to improve info systems and
create stability with supply and transportation
-Seen as decoupling point all along SC


Integration Stage 1: Baseline - correct answer ✔internal functional silos
hinder internal integration
Inventory buffers internal handoffs
External relationships are transaction oriented
Logistics seen as cost center


Integration Stage 2: Functional Integration - correct answer ✔Materials
management, mfg, distribution integrate
Buffer inventories still exist between, before,and after
Each area takes on efficiency and decision making seperately


Integration Stage 3: Internal Integration - correct answer ✔Internal log. fully
integrated, all buffer inv. eliminated, other than raw materials+finished goods
Internal teams collaborate on decisons+improv.


Integration Stage 4: External Integration - correct answer ✔Inv. minimized
throughout SC, replaced with information and relationships
Demand generation and fulfillment are integrated


channel master - correct answer ✔org. who drives the decisions for the SC
Usually who has most power in market, or most at risk


Reactive vs Proactive SC - correct answer ✔Reactive if other org. is channel
master

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