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CLTD - Module 8. Questions and Answers Fully Solved

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Exam of 3 pages for the course CLTD - Certified in Logistics at CLTD - Certified in Logistics (CLTD - Module 8.)

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CLTD - Certified in Logistics

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CLTD - Module 8

United Nations Global Compact - answerA voluntary initiative whereby companies
embrace, support, and enact, within their sphere of influence, a set of core values in the
areas of human rights, labor standards, the environment, and anticorruption.

Waste - answer1.) Any activity that does not add value to the good or service in the
eyes of the customer. 2.) A by-product of a process or task with unique characteristics
requiring special management control. Waste production can usually be planned and
somewhat controlled. Scrap is typically not planned and may result from the same
production run as waste.

SIO 50001 - answerAn international standard that defines the requirements for
designing, implementing, and maintaining an energy management system. It includes
documentation, reporting, and procurement guidance.

Reverse Logistics - answerA complete supply chain dedicated to the reverse flow of
products and materials for the purpose of returns, repair, remanufacture, and/or
recycling.

Sustainability - answerActivities that provide present benefit without compromising the
needs of future generations.

Carbon Offsets - answerA way to compensate for an organization's carbon dioxide
emissions, either by reducing carbon dioxide emissions elsewhere in the business or by
funding projects intended to improve the environment, such as renewable energy or
forest conservation. This funding can be in the form of credits purchased on an
exchange to meet compliance legislation, cap and trade systems, or as a voluntary
effort.

Recalls - answerA step in the reverse logistics process where parts are products are
returned due to a product defect or potential hazard due to government regulations or
liability concerns.

Electronic Data Interchange (EDI) - answerThe paperless (electronic) exchange of
trading documents, such as purchase orders, shipment authorizations, advanced
shipment notices, and invoices, using standardized document formats.

Return - answerThe activities associated with the reverse flow of goods. Detail activities
encompass identification of the need to return, disposition decision making, scheduling
of the return, and shipment and receipt of the returned goods. Repair, recycling,
refurbishment, and remanufacturing processes are not described in this process
section.

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CLTD - Certified in Logistics

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