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CIPS L5M7 Exam - Topic 3 Question 6 Discussion

Actual exam question for CIPS's L5M7 exam
Question #: 6
Topic #: 3
[All L5M7 Questions]

ABC produces electronics in a highly competitive, fast-changing market. Which supply chain strategy should ABC employ?

Show Suggested Answer Hide Answer
Suggested Answer: D

An Agile supply chain prioritises flexibility and responsiveness to customer and market changes---ideal for dynamic industries like electronics.

Short cited extract: ''Agility = rapid response to changing demand.'' (L5M7 Study Guide, p.155)


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Markus
15 hours ago
Just-in-Time sounds risky in a fast market. Delays could hurt.
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Tequila
6 days ago
Really? Agile? I’m not convinced that’s the best fit.
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Scot
11 days ago
I agree, Responsive seems best for keeping up with trends.
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Raina
16 days ago
Just-in-Time sounds risky with supply chain disruptions.
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Daniela
21 days ago
Lean might cut costs but could slow down response time.
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Malinda
26 days ago
I'm torn between Responsive and Agile. Maybe I should just flip a coin and hope for the best.
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Talia
1 month ago
Agile all the way! Who needs to be lean when you can be as nimble as a cheetah?
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Essie
1 month ago
Lean and Just-in-Time are great, but I feel like they're a bit outdated for this scenario. Gotta go with Responsive or Agile.
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Frank
1 month ago
Definitely option D. Agile is the way to be in this kind of industry.
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Zena
2 months ago
I think option C is the way to go. Responsive supply chain is key in a fast-changing market.
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Kallie
2 months ago
I have a feeling that a responsive strategy could help ABC adapt quickly, but I’m not entirely confident about the differences between responsive and agile.
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Dorthy
2 months ago
Just-in-Time seems risky in a competitive environment, but I can't recall the specific downsides we talked about.
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Delisa
2 months ago
I think we practiced a similar question where we had to choose between responsive and agile strategies. I feel like agile might be more suitable here.
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Carissa
2 months ago
Lean could work too, but it might not handle rapid shifts well.
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Cory
2 months ago
I think Agile is the way to go for fast changes!
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Reita
3 months ago
Lean and Just-in-Time? More like "Lean and Just-in-Time to get left behind!"
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Fletcher
3 months ago
I think Agile is the best choice. It adapts quickly to changes.
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Nydia
3 months ago
I remember discussing lean strategies in class, but I'm not sure if it's the best fit for a fast-changing market like this.
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Paris
3 months ago
This question requires really analyzing the pros and cons of each option. I'll need to take my time and not rush through it.
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Josphine
4 months ago
I've got a good handle on these supply chain strategies. I think the agile approach makes the most sense given the market conditions ABC is facing.
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Galen
4 months ago
I'm a bit confused on the differences between lean and just-in-time. I'll have to make sure I understand those properly before deciding.
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Dorsey
4 months ago
Okay, let's see. ABC is in a fast-changing market, so I'm thinking either the responsive or agile strategy might be the best fit. I'll need to review the details of each.
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Delmy
4 months ago
Hmm, this is a tricky one. I'll need to think carefully about the characteristics of each strategy and how they might fit ABC's situation.
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