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Pscm 042: Strategic Purchasing And Supplier Management Question Paper

Pscm 042: Strategic Purchasing And Supplier Management

Course:Accounting,Finance And Investiments

Institution: Kenya Methodist University question papers

Exam Year:2013

KENYA METHODIST UNIVERSITY
END OF 1''ST ''TRIMESTER 2013 (EVENING) EXAMINATION
SCHOOL : BUSINESS AND ECONOMICS
DEPARTMENT : ACCOUNTING, FINANCE & INVESTMENT
UNIT CODE : PSCM 042
UNIT TITLE : STRATEGIC PURCHASING AND SUPPLY
MANAGEMENT
TIME: 2 HOURS
Instructions: Answer Question ONE and any other TWO Questions.
Question One
Discuss the contribution of purchasing department in the realization of organizational efficiency and profit maximization.
(10 Marks)
Explain how purchasing can be used to gain competitive advantage.
(10 Marks)
Discuss the THREE levels of strategy and show their relationship with the purchasing and supply function.
(10 Marks)
Question Two
Explain the main reasons why organizations adopt global sourcing as a strategy in purchasing and supply management.
(10 Marks)

Discuss the importance of PESTLE analysis in strategic purchasing and supply management.
(10 Marks)
Question Three
Quality control/assurance invariably leverages efficiency and effectiveness in organizational set up. These approaches to a greater extent have made world class companies to have a competitive edge in the market. Justify this statement by discussing the main advantages of quality control and assurance.
(10 Marks)
Explain how organizations can leverage on outsourcing to gain competitive advantage.
(10 Marks)
Question Four
E-procurement can be a key strategic intervention for companies dealing with highly dispersed market. Discuss this statement with reference to the benefits of E-Procurement.
(10 Marks)

Explain the advantages of strong long term relationships in purchasing and supply management.
(10 Marks)
Question Five
Supply chain management can be used for gaining competitive advantage in delivering superior customer service. Discuss this statement.
(10 Marks)

Explain the benefits of early supplier involvement in purchasing and supply management.
(10 Marks)

Pscm 042: Strategic Purchasing And Supplier Management Question Paper

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