Principles Of Purchasing (Pscm 210) Question Paper

Principles Of Purchasing (Pscm 210)

Course:

Institution: Kenya Methodist University question papers

Exam Year:2013

TIME: 2 HOURS
Instructions:
Answer question one and any other two questions.
Question One
Purchasing function no longer operates in isolation, it is involved with both customers and the suppliers. Discuss in details the relationship between purchasing and the following units.
(15mks)
Design department
Marketing department
Production user department
Stores and logistics
Finance department.
Technology has eliminated some of the challenges of traditional purchasing procedures. List five advantages of electronic data interchange (EDI) (5mks)
Highlight the benefits of tendering to the organization.
(10mks)

Question Two
Most managers are in a dilemma when it comes to ’make’ or ’buy’ decisions. Explain the factors to be considered in ’make’ or ’buy’ decisions. (10mks)
Discus various costs associated with under specification of a product or service to the organization.
(10mks)

Question Three
Describe the three phases in a purchasing procedure and the documentations involved at every stage.
(15mks)
List five advantages and disadvantages of out-sourcing to an organization.
(5mks)

Question Four
State and explain the challenges associated with international sourcing.
(8mks)
Highlight some of the factors to be considered in International sourcing/purchasing.
(5mks)
Explain the principles of ethics that govern the purchasing function in CIPs ethical code.
(7mks)

Question Five
What is the meaning of right source of supply in purchasing process? Describe the factors to be considered in selection of good source/supplier. (20mks)

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