100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
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

 4 views  0 purchase
  • 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...

[Show more]

Preview 2 out of 9  pages

  • September 15, 2024
  • 9
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • cltd module 1
  • CLTD - Certified in Logistics
  • CLTD - Certified in Logistics
avatar-seller
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

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Carzola98. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $13.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

76799 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$13.49
  • (0)
  Add to cart