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Dspm 031: Supply Chain Management Question Paper

Dspm 031: Supply Chain Management

Course:Business Administration

Institution: Kenya Methodist University question papers

Exam Year:2011

FACULTY : BUSINESS AND MANAGEMENT STUDIES
DEPARTMENT : ACCOUNTING AND FINANCE
TIME : 2 HOURS
INSTRUCTIONS Answer Question ONE (compulsory) and any Other TWO Questions

Question 1
a) i) Define the following terms:
Supply chain
Supply chain management (2marks)
ii) Briefly discuss the elements of a supply chain. (3marks)
b) A companies supply chain is an integral part of its approach to the matter it serves. In light of the above statement discuss how as a company manager you would align the supply chain your company is part of with your companies business strategy. (10marks)

Question 2
Companies in a supply chain must make decision individually and collectively on five key areas also referred to as the performance drivers and in your answer draw attention to the different trade off`s that supply chain manager will have to make. (20marks)

Question 3
a) Highlight the measurement categories used to measure supply chain performance and briefly explain what each category entails. (8marks)
b) Item 2 has an annual usage rate of 240 a fixed cost per order of shs 5 on unit cost of 30 per unit. Determine the EOQ for item Z from your answer what amount of 2 will you order per month. (4marks)
c) Forecasting is an integral part of demand analysis and planning highlight the various forecasting methods available and briefly explain them. (8marks)
Question 4
Using the SCOR model examine the supply chain operations that a business in any Supply chain must undertake. (20marks)

Question 5
a) What do you understand by the following terms to mean?
i) de-coopling point
ii) Postponement (4marks)
b) Analyze the specific areas that companies who want to eliminate waste and create loan business and supply chain must examine. (8marks)
c) In your own thinking what are some of the challenges associated with supply chain management. (8marks)

Dspm 031: Supply Chain Management Question Paper

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