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Pscm 330: Supply Chain Management Question Paper

Pscm 330: Supply Chain Management

Course:Accounting,Finance And Investiments

Institution: Kenya Methodist University question papers

Exam Year:2013

KENYA METHODIST UNIVERSITY
END OF 3''RD ''TRIMESTER 2013 (DAY) EXAMINATION
SCHOOL : BUSINESS AND ECONOMICS
DEPARTMENT : ACCOUNTING, FINANCE AND INVESTMENT
UNIT CODE : PSCM 330
UNIT TITLE : SUPPLY CHIAN MANAGEMENT

TIME: 2 HOURS
Instructions: Answer question one and any other two.
Question One
Briefly describe what is supply chain management.
(3mks)
Explain the components of supply chain management and show the contribution of each other to realizing supply chain objectives. (6mks)
Discuss benefits derived by an organization in adopting ICT with supply chain.
(12mks)
Explain the challenges Kenyan firms face in the management of their supply chains.
(9mks)
Question Two
Discuss the five categories of supply chain risks.
(10mks)
Discuss the mitigation factors of supply chain risks.
(10mks)
Question Three
Discuss the aims and objectives of inventory control. (20mks)
Question Four
Explain the benefits and shortcomings of holding inventory.
(10mks)
Supply chain has had a tremendous growth arising from the realization of upcoming enablers in this particular field. Support your answers by fiving these fundamentals.
(10mks)
Question Five
Companies in supply chain must make decisions individually and collectively on five key areas also referred to as the performance drivers. Discuss them and in your answers, draw attention to the different tradeoff that supply chain managers will have to take. (20mks)

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