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Procurement And Supply Chain(Pscm 044) (Pmgt 044) Question Paper

Procurement And Supply Chain(Pscm 044) (Pmgt 044)

Course:Accounting, Finance& Investments

Institution: Kenya Methodist University question papers

Exam Year:2013

TIME: 2 HOURS
Instructions:
Answer question one and any other two questions.
Question One
In determining whether to institute centralization or decentralization of procurement as a strategy, certain factors can come into focus. Discuss any six crucial factors that would favour the adoption of centralization.

(12 marks)
Explain the advantages of carrying out a market survey as an activity before procurement.
(8 marks)
Discuss the five stages in supply chain management.
(10 marks)

Question Two
Procurement is a cost factor in supply chains. Explain how procurement process can be re-engineered to lower costs of purchasing. (8 marks)
Write short notes on.
Material requirement planning (MRP)
(4 marks)
Electronics data interchange, (EDI)
(4 marks)
Just in time (JIT)
(4 marks)

Question Three
As a procurement expert, you have been assigned by the management of a firm to investigate on a reported widespread of unethical practices in the firms procurement department.
Explain the potential aspects of unethical practices that you would investigate
Identify remedial measures that you would recommend to help curb such practices.
(12 marks)

Question Four
You have been appointed to head a team from your organization on supplier appraisal visit to supplier to ascertain their capability.
Explain the aspects that your team will cover in the assessment. (12 marks)
Explain the advantages of maintaining long term relationship with suppliers.
(8 marks)

Question Five
Discuss the benefits of effective negotiation to an organization.
(12 marks)
Explain the stages involved in a negotiation process.
(8 marks)

Question Six
Explain the impact of electronic data interchange (EDI) in supply chain management.
(10 marks)
Explain the principles of just in time (JIT) in stock control.
(4 marks)
Explain how a supply chain officer may use pareto principle (ABC analysis) in controlling stock.
(6 marks)

Procurement And Supply Chain(Pscm 044) (Pmgt 044) Question Paper

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