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Principles Of Purchasing (Pscm 210) Question Paper

Principles Of Purchasing (Pscm 210)

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
Purchasing can be depicted as a sequential chain of events leading to the acquisition of supplies. Describe the processes you can use to purchase the necessary supplies in a sequential manner for a large institution with mention of specific documents used at every stage.
(10 marks)
Identify the different types of specifications used in purchasing management and suggest when each type is appropriate to use.
(10 marks)
In the course of purchasing, the purchasing function works with teams from other business functions. Describe the role of team members from other department in a purchasing process.
(10 marks)

Question Two
Describe the role of quality in purchasing and discuss how a purchasing manager can implement quality management in a purchasing function.
(10 marks)
Discuss the negotiation process and how it can be used to improve on the principles of purchasing.
(10 marks)

Question Three
Describe three types of tender methods that can be used to search and select suppliers.
(10 marks)
Discuss the role of ethics and moral principles in a tender process.
(10 marks)

Question Four
Discuss at least seven areas of appraisal that should be analyzed in the evaluation of potential suppliers.
(10 marks)
Describe the various attributes of a good, efficient and effective supplier.
(10 marks)

Question Five
Discuss the concept of make/buy decision in purchasing.
(10 marks)
Discuss the role of value analysis and value engineering in purchasing.
(10 marks)

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