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CLTD Module 2 Question and answers already passed 2024/2025 $13.99   Add to cart

Exam (elaborations)

CLTD Module 2 Question and answers already passed 2024/2025

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

CLTD Module 2 Question and answers already passed 2024/2025 CLTD Module 2 - Logistics Network Design 3 Reasons to Assess Network Design - correct answer 1. Increased Customer Expectations 2. M&A redundancies 3. Freight volume increase/relocation of facilities charter - correct answer d...

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  • September 15, 2024
  • 8
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • cltd module 2
  • CLTD - Certified in Logistics
  • CLTD - Certified in Logistics
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Carzola98
CLTD Module 2 - Logistics Network
Design
3 Reasons to Assess Network Design - correct answer ✔1. Increased
Customer Expectations
2. M&A redundancies
3. Freight volume increase/relocation of facilities


charter - correct answer ✔defines the scope of work, and objectives and end
results of a project


Network Design Process steps (8) - correct answer ✔Create project team
Identify drivers of change
Audit as-is network
Assess network alternatives
Plan facilities
Finalize to-be state
Develop and implement plan
Disband project team


6 Steps in as-is audit - correct answer ✔1. Gather Data
2. Map current system
3. Describe network's key activities
4. Measure against benchmarks
5. List current gaps to strategy
6. Generate plans to close those gaps

, Foreign Sales Corporation - correct answer ✔a US-devised means of
securing tax reductions for US exporters, using a subsidiary the org
establishes in a pre-approved location (e.g. USVI, Jamaica)


licensing - correct answer ✔paying a fee for permission to manufacture and
sell a product created by another


E.g. franchising and management contracts


Export Trading Companies (ETC) - correct answer ✔buys the goods from
the org and sells at a profit


Export Management Companies (EMC) - correct answer ✔export specialists
that act as the export marketing department or international department for
client firms


most likely used for startups with little int'l trade experience


Threshold service level - correct answer ✔the cheapest possible way of
serving all customers considering the costs of transportation and warehousing
together at a given level of safety stock and delivery timing/frequency


Steps in forming a Network Design strategy - correct answer ✔1. Identify
customer segments
2. Calculate threshold service level and determine network capabilities
3. Use sensitive analysis to adjust factors
4. Present alternatives and finalize strategy

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