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CIPS L6M9 Exam Syllabus Topics:

Topic	Details
Topic 1	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 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	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".

CIPS Supply Network Design Sample Questions (Q67-Q72):

NEW QUESTION # 67
When would an organisation use aVRIO analysis?

A. To create a vision and mission statement for the organisation
B. To identify internal resources that provide competitive advantage
C. To monitor performance of the operations department against predetermined criteria
D. To benchmark the organisation against similar organisations in the market

Answer: B

Explanation:
* VRIO analysishelps an organisationidentify internal resourcesthat give it acompetitive advantage.
* VRIO stands forValue, Rarity, Imitability, Organisation-factors that determine whether a resource can sustain a competitive edge.
* Itdoes notfocus on benchmarking (C) or performance monitoring (B).
(LO 2.2, See p.103)

NEW QUESTION # 68
Jed is theOperations Managerat acake manufacturerand is trying to determine theoptimumcapacityof the factory.
Which of the following would be true if the factoryachieves optimum capacity? SelectALLthat apply.

A. Inventory levels are maximized
B. The factory fulfills customer demand for items
C. The factory breaks even
D. The highest cost per item is achieved
E. The lowest total cost for production is achieved
F. The factory physically cannot produce more items

Answer: B,E

Explanation:
Optimum capacityis achieved when:
* Customer demand is met (B)
* Production costs are minimized (C)
#Incorrect options:
* (A)is false because optimum capacityisn't necessarily the physical limit
* (D)is false because the factory should beoperating at a profit, not breakeven
* (E)is false because the lowest cost per unit is achieved, not the highest
* (F)is false becauseinventory levels should be minimized, not maximized (to reduce storage costs) (See LO 1.3, p.46)

NEW QUESTION # 69
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. More money was spent than expected
B. Less money was spent than expected
C. The organisation has gained £200
D. The organisation has lost £200

Answer: B

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 # 70
In aResource-Based View (RBV)of strategic management, which characteristics make aresource strategically valuableto an organisation? SelectALLthat apply.

A. Optimisable
B. Replicable
C. Immovability
D. Originality
E. Scarcity

Answer: C,D,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 # 71
Which of the following are disadvantages of thesmall-capacity strategyin capacity planning? SelectALLthat apply.

A. Less responsive to changes in market demands
B. Unable to personalise requirements from customers
C. Higher production costs
D. Weaker ability to compete on price

Answer: C,D

Explanation:
Thesmall-capacity strategymeans a company deliberately produces below optimal capacity. This provides agility and flexibilityto respond to market changes and allows forcustomer personalisation. However,the disadvantagesinclude:
* Higher production costs(lack of economies of scale)
* Weaker ability to compete on price(since larger-capacity businesses have lowerproduction costs) Options C and Dare disadvantages oflarge-capacity strategy, not small-capacity. (See LO 1.3)

NEW QUESTION # 72
......

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L6M9 DOWNLOAD DEMO, L6M9 PDF FORMAT

L6M9 Download Demo, L6M9 Pdf Format