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GLOBAL LOGISTICS 2025 FINAL THEORETICAL EXAM

Total questions: 130

Worksheet time: 2hrs 32mins

Name
Class
Date
1.

Mark those valid components of Supply Chain Integration Competency

a)

Operation

b)

Macro-Economics

c)

Collaboration

d)

Optimization

e)

Micro-Economics

2.

What is the purpose of Supply Chain Logistics Planning Competency?

a)

Plan for the best Customer Service possible

b)

Plan for the best Financial result possible

c)

Plan for the best Warehouse Inventory possible

d)

Plan for the best Transportation Execution

e)

Plan for the best Preventive Maintenance Strategy

3.

Mark those statements valid for the purpose of the Supply Chain Management Competency

a)

"On Time and Complete" Delivery

b)

Expanding Sales

c)

Safeguarding the Profitability of the Company

d)

Broadening Customers

e)

Amplify Brand Coverage

4.

Mark the statement valid for Systemic Thinking.

a)

Conceiving reality in a linear way

b)

Conceiving reality according to your own perception

c)

Conceiving reality through other people

d)

Conceiving reality as a set of interconnected Systems

e)

Conceiving reality in terms of a Digital Twin

5.

It is a characteristic of Critical Thinking

a)

assertive

b)

Influenced by others

c)

doubtful

d)

conflict oriented

e)

passive

6.

Mark those relevant components to decide the Logistics Network Design in the Mars Business Case

a)

Total Logistics Cost

b)

Business Continuity & Complexity

c)

Marketing for Products

d)

Inventory Levels

e)

Broadening Brand Reach & Coverage

7.

Mark those items valid for the definition of a "Digital Twin"

a)

Digital representation of a Logistics Network

b)

Digital representation of a Business Model

c)

Digital representation of a Supply Chain

d)

A quantum bit

e)

Digital representation of a Transportation Optimization Model

8.

Mark those components valid for the Value Chain Scope

a)

Inbound Logistics

b)

Operations

(Transformation of Raw Materials into Finished Goods)

c)

Marketing & Sales

d)

Outbound Logistics

e)

Aggregating Value in each Step

9.

Mark those steps valid for the Supply Chain

a)

Raw Materials

b)

Consumer

c)

Supplier

d)

Distributor

e)

Manufacturer

10.

What was the most relevant decision criteria for the Logistics Network Design in Mars Business Case?

a)

Network Complexity

b)

Business Continuity

c)

Customer Service Levels

d)

Total Logistics Cost

e)

Warehouse redundancy

11.

It is the output of Step 1 of S&OP (Strategy and Operations Planning) Process

a)
An aligned production plan
b)
An aligned product portfolio plan
c)
Aligned Financial P&L and KPIs
d)
Alignment befor Management Team Review
12.

It is the output of S&OP (Strategy and Operations Planning Process) Step 3...

a)
Aligned demand plan
b)
Aligned portfolio plan
c)
Aligned capacity plan for unconstrained demand
d)
Aligned Financials P&L and KPIs
13.
It is the output of Step 2 of S&OP Process...
a)
An aligned product portfolio plan
b)
An aligned supply plan
c)
An aligned financial plan
d)
An aligned unconstrained demand plan
14.
It is the nature of S&OP Process...
a)
It is a thinking process
b)
It is a decision making process
c)
It is a planning process
d)
It is an execution process
15.
Why would you implement S&OP?..
a)
To reduce risks
b)
To reduce costs
c)
To manage the balance between demand and supply
d)
To improve sales
16.
It is the output of S&OP Step 4...
a)
Business summary vs. Target, Financial alignment.
b)
Product Portfolio alignment.
c)
Demand alignment.
d)
Production alignment.
17.
Who Leads the S&OP Process?
a)
All the Employees
b)
Factory Managers
c)
Sales Managers
d)
Company Senior Managers
18.
What is the Objective of the S&OP Process?
a)
Define a Demand Plan to meet Customer´s needs
b)
Define a Supply Plan to meet Customer´s needs
c)
Reach consensus in a single number for the Company that aligns Demand & Supply to must effectively and profitably meet Customer´s needs
d)
Define a Financial Plan to meet Customer´s needs and Business Profitability
19.
What is the time horizon of S&OP Process?
a)
12 Months
b)
18 Months
c)
24 Months
d)
36 Months
20.
What is the main focus of the Supply Chain?
a)
Customers and Consumers
b)
Suppliers
c)
Employees
d)
Third Party Contractors
21.

Mark that statement valid for CARMINE

a)

It is a shyntetic dye

b)

It is an organic dye

c)

It is a compound dye

d)

It is a semi-organic dye

22.

Are the Customers you are serving in the Simulator

a)

Modern & Traditional Channel

b)

Manufacturers

c)

Wholesalers and Manufacturers

d)

Wholesalers

e)

D-Commerce Channel

23.

It is the capacity of your Veracruz Warehouse

a)

100,000 Kg

b)

75,000 Kg

c)

85,000 Kg

d)

80,000 Kg

24.

It is the cost you pay if you exceed your Warehouse Capacity and you need to use a Public Warehouse

a)

7 cents of USD

b)

5 cents of USD

c)

10 cents of USD

d)

15 cents of USD

25.

It is your production cost per Kg. of CARMINE

a)

60 cents of USD

b)

50 cents of USD

c)

70 cents of USD

d)

40 cents of USD

e)

55 cents of USD

26.

Mark those valid items for Stock Levels

a)

Inventory Levels

b)

Product quantity at the Warehouse

c)

Financial Statement

d)

Safety Stock

e)

Machinery Maintenance

27.

Mark those statements valid to balance Demand and Supply

a)

Have the right Sales Forecast in place

b)

Have the right Inventory to fulfill Customer Orders

c)

Apply Warehouse expenses to financials

d)

None Apply

e)

Have the right Financial Model

28.

Mark the Topics which are valid for the BEER GAME...

a)

Controlling Inventory

b)

Managing Customer Orders

c)

Ensuring Delivery on Time & Complete to Customers

d)

Managing Inventory Shortages

e)

Executing preventive maintenance for the Trucks

29.

What is the most important principle to design a Logistics Network?

a)

Understand the size of your Warehouses

b)

Understand Transport Availability

c)

Understand the location of your Customers

d)

Understand the Storage & Handling implications

e)

Understand the Brand Compass

30.

in your SIMULATOR Business Case your total Production Capacity is at Maximum Level, due to this you have to IMPORT the CARMINE product from Where to your Warehouse in Veracruz?... in other words where is our Supply Chain coming from?

a)

SOUTH AMERICA

b)

EUROPE

c)

ASIA PACIFIC

d)

MIDDLE EAST

31.

Mark those Statements which are correct regarding the COSTING process in the SIMULATOR

a)

Production Cost is $0.60 USD per Kilogram

b)

Veracruz Warehouse Cost for Storage and Handling is $0.05 USD per Kilogram

c)

Airfreight Cost is between $0.18 and $0.20 USD per Kilogram shipped

d)

Railroad Cost is between $0.05 and $0.08 USD per Kilogram shipped

e)

Veracruz Public Warehouse Cost is $0.08 USD per Kilogram

32.

Mark those statements which are valid for the Outside Storage Location at Veracruz, in other words the Costs and Capacity for the Extra Warehouse that you can activate

a)

Cost per Kilogram is $0.05 USD per Week

b)

Fixed Cost paid as a weekly rent is $800 USD

c)

Capacity is 40,000 Kilograms

d)

Capacity is 95,000 Kilograms

e)

Cost per Kilogram is $0.10 USD per Week

33.

Mark those statements valid for your primary GOALS of using the SIMULATOR...

a)

Maximize Profit

b)

Perfect Customer Service Levels

c)

Minimize Cost

d)

Achieve the Competencies of Global Value Chain and Global Supply Chain Management

e)

Amplify Brand Coverage

34.

Mark those Transportation Lead Times which are correct to play the LABSAG Simulator...

a)

Air Shipment Lead Time is 1 week

b)

Land Transportation (Trucks) Lead Time is 2 weeks

c)

Railroad Transportation Lead Time is 3 weeks

d)

Ocean Cargo (Vapor) Lead Time is 5 weeks

e)

Freight Forwarder Transportation Lead Time is 8 weeks

35.

STRATEGIC PLANNING

What is the meaning of OGSM?

a)
Objective, Get It, Strategies, Measures
b)
Objective, Goals, Strategies, Measures
c)
Obvious, Goals, Strategies, Measures
d)
Objectives, Goals, Strategies, Methods
36.

How should you design the metrics linked to initiatives/projects into the OGSM?

a)
Simple
b)
Complex
c)
Both complex and simple
d)
None apply
37.
It is a characteristic of a Visionary Objective
a)
Qualitative
b)
Quantitative
c)
Narrow
d)
Very much detailed
e)

Financial Oriented

38.
It is the definition of a Strategy
a)
A task
b)
A project
c)
An activity
d)
 A choice
e)

A task

39.
A Goal Must be...
a)
Sustainable
b)
Complex
c)
Measurable
d)
Simple
e)

Qualitative

40.
The difference between a Goal and a Metric is...
a)
The Goal is linked to a Project
b)
The Goal is linked to a Strategy
c)
The Goal is measurable
d)
The Goal is linked to the Visionary Objective
e)

The Goal is linked to a Task

41.
The relation between a Strategy and Initiatives is..
a)
Only one Initiative per each Strategy
b)
Only multiple Initiatives per each Strategy
c)
There is no relation
d)
One or multiple Initiatives per each Strategy
e)

One size fits all

42.
It is a characteristic of a "Choice"
a)

It is done by guessing

b)
It is done by consensus
c)
It is a conscious decision
d)
It fires back another question
e)

It is done randomly

43.
Define how we want to be perceived by the customers qualitatively is included in..
a)
The Metrics
b)
The Initiatives
c)
The Visionary Objective
d)
The Strategies
44.
It is a characteristic of a Strategy
a)
Ambitious
b)
Achievable
c)
Precise
d)
Selective, with big impact
45.
It is linked to the definition of a Strategy
a)
Choice
b)
Must Win Battle
c)
Creates Differentiation with Competition
d)
All Apply
46.
A metric measures directly the success of...
a)
A Vision
b)
The Strategy
c)
A Goal
d)
A Plan
47.
A good choice requires...
a)
Budget
b)
Discussion
c)
Thinking
d)
Prioritization
48.
The differentiation versus the competition is defined by:
a)
Visionary Objective
b)
Goals
c)
Strategies
d)
All apply
49.
The best way to create an OGSM is by:
a)
Co-creation
b)
Analysis
c)
Synthesis
d)
Verbalizing
50.
What is the key element to address into the OGSM?
a)
Talent
b)
Growth
c)
All Apply
d)
Efficiency
51.
What is a Project?
a)
A set of tasks that need to be completed in order to achieve specific objectives within a defined Budget and timescale
b)
A governance framework to ensure control points within a process
c)
A specific strategy to support growth
d)
A business process to support the balance between demand and supply
52.
What are the key characteristics of a Project?
a)
A clear objective and scope aligned to strategic priorities
b)
A cost analysis to determine profitability
c)
A set of statitical tests and analysis to determine consistency
d)
A focus group simple to determine preferences
53.
What is Scope?
a)
Scope describes the Project governance
b)
Scope describes the pitfalls of a Project
c)
Scope describes "what is in" and "what is out" of the Project
d)
Scope describes the strategic pillar which the Project needs to support
54.
What is the Objective of a Project?
a)
It provides a concrete description of the Project outcomes and purpose
b)
It provides a description of the risk analysis
c)
It provides a depth and breadth description of the issues within a project
d)
It describes the cost analysis to be undertaken
55.
What are Critical Success Factors?
a)
Are a description of the Scope
b)
Are a description of the Risks
c)
Are the key measures that indicate our achievement of Project objectives
d)
Are a description of the Issues within the Project
56.
What are Critical Success Factors attributes?
a)
Cost and Profit
b)
Smart and Relevant
c)
Plan and Actuals
d)
Organization and Control
57.
Is an Example of a Critical Success Factor...
a)
Double Digit Sales Growth
b)
Compliance to regulatory affairs
c)
Increase Market Share + 2 Points over baseline
d)
All are valid examples of CSF
58.
Is an example of Project Scope...
a)
Grow share by launching a new product
b)
Deliver profitability greater than 15%
c)
Product Launch in the Modern Channel in stage 1
d)
Deliver cost reduction of 10%
59.
It is an example of a Project Objective...
a)
Launch in the Traditional Channel
b)
Launch in Convenience Stores
c)
Launch in the Modern Channel
d)
Get bottom line profitability > 17%
60.
Are the 2 key elements for Size of Prize Equation...
a)
Resource Demand and Benefits
b)
Costs and Profits
c)
Sales and Expenses
d)
Revenues and Margins
61.
What is the Size of Prize?
a)
It is a governance process to ensure Project protocols
b)
It is a planning approach for expenses
c)
It is a way of thinking, that provides an objective approach using quantitative data to understand the business dynamics within the project
d)
it is a forecasting approach to balance demand and supply
62.
How do you estimate the Size of Prize?
a)
Debating on key performance indicators (KPIs), understanding the business context, and then doing the right choices
b)
Driving a conversation in the cost elements within a project
c)
Discussing the pros and cons of the project
d)
Debating on the key Stakeholders for the project
63.
What is a Milestone?
a)
It is a checkpoint
b)
it is an activity
c)
It is a significant event in the Project, part of the critical path
d)
It is an interdependency in the Project with other activities
64.
It is an example of a milestone...
a)
Project Launch
b)
Approval of General Manager
c)
Finalization of bottom line Project P&L
d)
All examples listed are examples of  Milestones
65.
What is an Interdepedency?
a)
A result required by the project
b)
A cost incurred by the project
c)
An action required
d)
A relation or connectivity within areas impacting the project
66.
What is a Project Risk?
a)
It is a problem with the project
b)
It is a deviation within the project
c)
It is an uncertain event or condition that if occurs will impact at least one Project objective
d)
It is an action that is required to resolve a Project issue
67.
What is a Project Issue?
a)
A Project issue is a deviation that has occured already and requires action or resolution
b)
A Project issue is an action required to prevent a potential event
c)
A Project issue is a situation that can be postponed for further analysis
d)
A Project Issue is a visionary statement
68.
What are Key Performance Indicators (KPIs)?
a)
KPIs help us to monitor and track the success of a project
b)
KPIs help us allocate expenses within a Project
c)
KPIs helps us to articulate Project strategy
d)
KPIs help us to decide Project organization
69.
How can you mitigate Project risks?
a)
Risk mitigation can be done projecting a P&L
b)
Risk mitigation can be done articulating an strategic plan
c)
Risk mitigation can be done taking steps to reduce adverse effects within the Project
d)
Risk mitigation can be done focusing execution rather than planning
70.
What are the big 3 questions in a Project?
a)
What, Why, and How
b)
When, Can, and Do
c)
Will, Then, Can
d)
Must, Should, When
71.

Mark valid options to make LVMH (Louis Vuitton) grow in Latin America

a)

Expand VIP shopping experiences

b)

Expansion in key Urban Hubs like Mexico City, Sao Paolo, Bogotá, Lima, Santiago de Chile, and Medellín (Colombia)

c)

Highlight LVMH craftsmanship ethos using analogies for Latin America Artisanship

d)

Assume same strategy will work for Mexico, Brazil, Chile, Colombia, and Argentina (one size fits all)

e)

Launch limited edition collections inspired in Latin America Themes (ie. Aztec patterns, Amazonian, Adean/Inca textiles)

72.

LVMH (Louis Vuitton) growth in LATAM was 2024 vs. 2023

a)

+5%

b)

+10%

c)

+3%

d)

+4%

e)

+1%

73.

In which Region/Country Louis Vuitton is growing double digit 2024 vs. 2023?

a)

Latin America

b)

Japan

c)

Canada

d)

Asia

e)

Europe

74.

Mark those Regions in which Louis Vuitton is growing in 2024 vs. 2023..

a)

Europe

b)

Latin America

c)

Japan

d)

Asia

e)

USA

75.

Mark the 3 highest Sales Revenue Product Portfolio Categories of Louis Vuitton in 2024

a)

Watches & Jewerly

b)

Perfumes & Cosmetics

c)

Wines and Spirits

d)

Selective Retailing and Other Activities

e)

Fashion & Leather Goods

76.

Mark the 2 best product lines of Louis Vuitton in terms of ORGANIC GROWTH during 2024...

a)

Watches & Jewerly

b)

Perfumes & Cosmetics

c)

Wines and Spirits

d)

Selective Retailing and Other Activities

e)

Fashion & Leather Goods

77.

What is the reason of a decrease in profit for Louis Vuitton 2024 vs. 2023?

a)

Exchange Rate Impact

b)

Inflation Impact

c)

Global Macro-Economic Impact

d)

Post-Pandemic issues

e)

Russia & Ukraine War

78.

Mark those elements that will help Louis Vuitton improve the Gross Margin of 2024 (based on Cost of Goods Sold Optimization - COGS Optimization)

a)

Reduce Raw Material Costs

b)

Reduce Sales Expenses

c)

Reduce Logistics Costs

d)

Reduce Marketing Expenses

e)

Reduce Manufacturing Costs

79.

Mark those elements valid for Louis Vuitton Strategy for 2030

a)

Traceability and Transparency ensuring Excellence

b)

Win at the point of Sale Globally

c)

Taking Action for the Climate

d)

Regenerating Biodiversity

e)

Combining Sustainability and Circularity

80.

Mark those valid items to improve Logistics Performance of Louis Vuitton..

a)

Reduce Freight to Customers

b)

Reduce Warehousing Costs (Storage & Handling)

c)

Reduce Freight to Warehouse

d)

Reduce Sales Expenses

e)

Reduce Marketing Expenses

81.

What is a landed cost?

a)

The cost of shipping a product only

b)

The total price of a product once it has arrived at a buyer’s door

c)

The cost of manufacturing a product

d)

The cost of marketing a product

82.

Which of the following is NOT included in the landed cost?

a)

Original price of the product

b)

Marketing expenses

c)

Customs duties

d)

Transportation fees

83.

What does the landed cost include besides the original price of the product?

a)

Only inland transportation fees

b)

Only ocean transportation fees

c)

All transportation fees, customs, duties, taxes, insurance, currency conversion, crating, handling, and payment fees

d)

Only customs and duties

84.

What is the total landed cost?

a)

The sum of all seller costs associated with a product until it reaches the customer's hands.

b)

The cost of manufacturing the product only.

c)

The cost of shipping the product only.

d)

The cost of duties and broker fees only.

85.

What is another term for landed cost?

a)

Manufacturing cost

b)

Landed price

c)

Shipping cost

d)

Retail price

86.

Which of the following is a component of the Total Landed Cost?

a)

Marketing expenses

b)

Container hire

c)

Employee salaries

d)

Office rent

87.

What does the 'Traveling' component of the Total Landed Cost refer to?

a)

Cost of hiring a shipping container

b)

Cost of traveling the container by land, air, or sea

c)

Cost of insuring the goods

d)

Cost of duties payable

88.

Which component of the Total Landed Cost involves insuring the goods during transit?

a)

Taxes

b)

Duties

c)

Insurance

d)

Container

89.

What is the purpose of the 'Duties' component in the Total Landed Cost?

a)

To cover the cost of hiring a container

b)

To pay for insuring the goods

c)

To pay duties to get the goods into the destination country

d)

To cover the cost of traveling the container

90.

Calculate the Total Landed Cost if you are importing a container of $40,000 USD from a Buyer´s perspective applying FOB Incoterm

a)

56,214

b)

56,215

c)

55,814

d)

55,980

e)

55,815

91.

What is the landed cost from a Seller perspective using CPT Incoterm assuming you are selling a Container of $50,000 USD?

a)

$65,398 USD

b)

$65,400 USD

c)

$64,949 USD

d)

$65,239 USD

e)

$65,950 USD

92.

Assuming you are the Seller and exporting a container of $100,000 USD what will be total landed cost using the CIP Incoterm?

a)

$116,399 USD

b)

$115,210 USD

c)

$115,239 USD

d)

$113,880 USD

e)

$115,240 USD

93.

What is the primary purpose of Incoterms?

a)

To provide a universal set of rules for international trade

b)

To regulate domestic trade laws

c)

To establish currency exchange rates

d)

To create new trade agreements

94.

Who issues the International Commercial Terms (Incoterms)?

a)

World Trade Organization (WTO)

b)

International Chamber of Commerce (ICC)

c)

United Nations (UN)

d)

World Bank

95.

How do Incoterms help in foreign trade contracts?

a)

By increasing tariffs

b)

By clarifying the obligations of buyers and sellers

c)

By reducing shipping costs

d)

By setting product standards

96.

What does the term "Ex Works" (EXW) imply in Incoterms 2020?

a)

The seller is responsible for all transport costs and risks.

b)

The buyer assumes all responsibilities once the goods are collected.

c)

The seller delivers the goods to the buyer's location.

d)

The buyer and seller share transport costs equally.

97.

In the context of Ex Works, who is responsible for making the goods available at the seller's warehouse or dock station?

a)

The buyer

b)

The seller

c)

A third-party logistics provider

d)

The shipping company

98.

According to the Ex Works term, what happens once the buyer collects the cargo?

a)

The seller continues to bear all risks.

b)

The buyer assumes all other responsibilities, including transport.

c)

The seller arranges for transport to the destination.

d)

The buyer and seller negotiate new terms.

99.

What does the Ex Works term in Incoterms primarily require the seller to do?

a)

Deliver goods to the buyer's location

b)

Make goods available at their warehouse or dock station

c)

Pay for the main carriage

d)

Handle import formalities and duties

100.

What will be the Total Landed Cost if you are the Buyer and exporting a Container of $100,000 USD using DAP Incoterm?

a)

$101,160 USD

b)

$102,610 USD

c)

$113,789 USD

d)

$102,590 USD

e)

$113,790 USD

101.

What is the total landed cost for the aluminum logistics from Shanghai to Manzanillo using DPU Incoterm (please review Excel file on image)?

a)

$62,139

b)

$58,000

c)

$62,060

d)

$3,792

102.

What will be the Total Landed Cost if you are the Buyer and importing a Container of $80,000 USD using Ex Works Incoterm?

a)

$96,399

b)

$96,00 USD

c)

$94,950 USD

d)

$96,400 USD

e)

$96,401 USD

103.

In the FCA (Free Carrier) Incoterm, who is responsible for export clearance and delivery of goods to the carrier at the named place of delivery?

a)

The buyer (Importer)

b)

The seller (Exporter)

c)

The shipping company

d)

The customs officer

104.

What must the buyer (Importer) specify in the contract of sales of carriage under the FCA Incoterm?

a)

The type of goods being shipped

b)

The precise point of delivery

c)

The cost of shipping

d)

The method of payment

105.

In the FCA (Free Carrier) Incoterm, who is responsible for export clearance and delivery of goods to the carrier at the named place of delivery?

a)

The buyer (Importer)

b)

The seller (Exporter)

c)

The shipping company

d)

The insurance provider

106.

What must the buyer (Importer) specify in the contract of sales of carriage under the FCA Incoterm?

a)

The type of goods being shipped

b)

The precise point of delivery

c)

The cost of insurance

d)

The shipping route

107.

In FOB (Free On Board) terms, who is responsible for export clearance and delivery of goods to the carrier at the named place of delivery?

a)

The Buyer

b)

The Seller

c)

The Shipping Company

d)

The Insurance Provider

108.

At what point does the seller's risk end in FOB terms according to this diagram?

a)

Seller Location

b)

Onboard Ship of Vessel

c)

Delivery at Named Place Port/Terminal

d)

Buyer Location Unloaded

109.

If you are the Buyer and Importing a Container of $150,000 USD what will be the Total Landed Cost using FCA Incoterm?

a)

$165,900 USD

b)

$166,399 USD

c)

$164,530 USD

d)

$164,531 USD

e)

$165,980 USD

110.

What is the total landed cost per ton according to the FCA/FOB Incoterm calculation?

a)

3,700 USD

b)

3,800 USD

c)

3,750 USD

d)

3,790 USD

e)

3,772 USD

111.

What is the percentage increase in cost according to the EXW Incoterm calculation assuming you are the Buyer?

a)

23%

b)

24%

c)

22%

d)

25%

112.

What does CPT stand for in Incoterms 2020?

a)

Carriage Paid To

b)

Cost Paid To

c)

Carrier Paid To

d)

Cargo Paid To

113.

In CPT terms, who incurs the risks and costs associated with delivering goods to a carrier?

a)

The buyer

b)

The seller (Exporter)

c)

The carrier

d)

The insurance company

114.

In CPT (Carriage Paid To), who incurs the risks and costs associated with delivering goods to a named place / port terminal?

a)

The buyer

b)

The seller

c)

The shipping company

d)

The insurance company

115.

What is the best Incoterm for the Seller according to this Spreadsheet?

a)

CIP

b)

DDP

c)

CPT

d)

DPU

e)

FCA

116.

What is the total landed cost for the CPT Incoterm from Shanghai to Manzanillo?

a)

$62,060

b)

$75,849

c)

$58,000

d)

$75,430

e)

$62,059

117.

What is the percentage increase in cost per ton for the CPT Incoterm?

a)

7%

b)

24%

c)

0%

d)

23%

118.
Is a competency typically required by global companies
a)
Financial knowledge
b)
Marketing expertise
c)
Drive for results
d)
Dealing with the paradox
119.
It is a skill of conflict management global competency
a)
bottom line results
b)
managing and measuring work
c)
action oriented
d)
good at focusing listening
120.
It is a skill of peer relationship global competency
a)
encourages collaboration
b)
business knowledge
c)
timely decision making
d)
delegation
121.
It is a skill of managing vision and purpose global competency
a)
priority setting
b)
time management
c)
talks about possibilities
d)
Informing
122.
It is a skill of multicultural management global competency
a)
political savvy
b)
organizational agility
c)
presentation skills
d)
is aware of diversity
123.
It is a skill of dealing with ambiguity global competency
a)
Pushes hard for results
b)
Can comfortable deal with risk and uncertainty
c)
Makes his/her point to stand strong
d)
Is multiculturally aware
124.
can be counted to exceed goals successfully is a skill of this competency
a)
dealing with ambiguity
b)
conflict management
c)
peers relationship
d)
drive for results
125.

Mark those items valid for the definition of a "Digital Twin"

a)

Digital representation of a Logistics Network

b)

Digital representation of a Business Model

c)

Digital representation of a Supply Chain

d)

A quantum bit

126.

Vertical Integration and Craftsmanship:
To preserve the authenticity and quality of its products, LVMH emphasizes vertical integration. This involves controlling multiple stages of the production process, from sourcing raw materials to final product assembly. For instance, Louis Vuitton has established manufacturing facilities in the United States to better serve the American market while maintaining stringent quality standards.

Mark those valid examples of vertical integration for LVMH (Louis Vuitton) below...

a)

Raw Materials: Owns tanneries for leather goods, vineyards (ie. Dom Perignon) and perfume flower farms

b)

Production: Owns workshops and factories in France, Italy, Spain, and the US for brands like Louis Vuitton, Dior, and Celine

c)

Las Vegas: Owns Super Premium Casinos in the famous "Strip Avenue"

d)

Distribution: Operates dedicated logistics centers and global distribution through LVMH Supply Chain

e)

Owns and operates over 5,600 retail stores ensuring end to end control of Customer Experience

127.

Advanced Inventory Management (AIM):
LVMH (Louis Vuitton) employs advanced inventory management techniques to align supply with demand accurately. For example, LVMH has implemented Demand-Driven Material Requirements Planning (DDMRP) to optimize inventory levels, reduce stockouts, and enhance responsiveness to market fluctuations.

What is the impact that Louis Vuitton is gaining in the P&L driven by AIM?

a)

Sales Increase

b)

Reduced Logistics cost and improved Margin & Profit

c)

Improved Market Share

d)

Improved Consumer Experience

e)

Cost of Goods Sold (COGS) Increase

128.

Louis Vuitton Commitment to Sustainability:
Sustainability is a core pillar of LVMH's logistics strategy. The group has launched the LIFE360 program, aiming to eliminate virgin plastics in packaging by 2026 and achieve zero deforestation in its supply chain by 2025. Additionally, LVMH is investing in decarbonizing transportation and promoting repairability to extend product lifespans.

In addition to generate benefits to the Global Communities, what is the positive impact of Sustainability actions in Louis Vuitton P&L?

a)

Increased Market Share

b)

Increased Sales

c)

Improved Margin & Profit driven by Logistics Cost reduction

d)

Increased payout to Shareholders

e)

Talent & Capabilities benefits

129.

Integration of Artificial Intelligence in Louis Vuitton:
To enhance operational efficiency, LVMH is integrating artificial intelligence into its supply chain processes. By leveraging AI for demand forecasting, inventory allocation, and production planning, the group aims to respond more swiftly to consumer needs and reduce environmental impact.

Mark the positive impacts of AI integration of Louis Vuitton in the "End to End" Supply Chain..

a)

Optimized Customer Service Levels and response to Consumer Needs

b)

Optimized Inventory Levels

c)

Optimized Production Planning

d)

Improved Demand Forecasting

e)

Reduction of the Carbon Footprint

130.

Louis Vuitton Talent Development and Expertise:
Recognizing the importance of skilled professionals in maintaining its supply chain excellence, LVMH invests in talent development programs. Initiatives like the Horizons Operations program train individuals in supply chain and logistics roles, fostering a culture of continuous improvement and innovation.

How are this actions helping Louis Vuitton in the Talent Strategy?

a)

Attract and Retain the Best Talent available for Supply Chain

b)

Reduce Costs

c)

Increase Sales

d)

Increase Market Share

e)

Reduce Maintenance Costs

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