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Pscm 031:Strategic Supply Chain Management Question Paper

Pscm 031:Strategic Supply Chain Management

Course:Business Administration

Institution: Kenya Methodist University question papers

Exam Year:2013

KENYA METHODIST UNIVERSITY

END OF 2ND TRIMESTER 2013 (EVENING) EXAMINATIONS
SCHOOL : BUSINESS AND ECONOMICS
DEPARTMENT : ACCOUNTING FINANCE AND INVESTMENTS
UNIT CODE : PSCM 031
UNIT TITLE : STRATEGIC SUPPLY CHAIN MANAGEMENT

TIME: 2 HOURS

Instructions:

Answer question one and any other two.

Question One

Define the supply chain management and highlight its importance in modern business.

(10mks)

Distinguish between return management (RM) and reverse logistics and explain how both will add value to an organization.

(10mks)

Supply chain management is critical in modern business, discuss. (10mks)

Question Two

Discuss briefly inventory control techniques.

(10mks)

Explain the merits and demerits of inventory control.

(10mks)

Question Three

Highlight four distinct buying situations.

(10mks)

Discuss activities undertaken in supply chain management.

(10mks)

Question Four

Discuss five critical elements in determining the success of supply chain management.

(10mks)

Define the term supply chain optimization and highlight key elements for a well optimized supply network.

(10mks)

Question Five

Discuss five categories of supply chain risks.

(10mks)

Discuss the merits and demerits of centralized systems.

(10mks)

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