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CIPS Logistics Management Sample Questions:

1. A detailed list of a ship's cargo, issued as a receipt by the master of the ship to the person consigning the goods, is known as which document?

A) EUR1 Form
B) Certificate of Origin
C) Customs Declaration
D) Bill of Lading

2. Supply Chain Management is an overarching term which includes several areas of a business. Which of the following are business processes which would fall under the concept of Supply Chain Management? Select THREE

A) HR
B) Logistics
C) Procurement
D) Finance
E) Innovation and Product Design

3. Omar is forecasting future demand. Normally he uses three years of sales data, but this year he's been asked to include data back to 2004. Which forecasting technique is he using?

A) Simple linear regression
B) Moving average technique
C) Exponential smoothing technique
D) Time series method

4. When using a Total Cost of Ownership (TCO) model to determine the true cost of holding inventory, which of the following costs wouldnotbe included in the calculation?

A) Warehouse staff uniforms
B) Obsolescence
C) Insurance
D) Pilferage

5. What is the name of the emerging tool that can help companies improve supply chain visibility across macro- environmental factors such as political, environmental, and social changes?

A) LEAN
B) Six Sigma
C) STEEPLE
D) SCEM

Solutions: