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 2''ND ''TRIMESTER 2013 (EVENING) EXAMINATIONS
SCHOOL : BUSINESS AND ECONOMICS
DEPARTMENT : ACCOUNTING FINANCE AND INVESTIMENTS
UNIT CODE : PSCM 330
UNIT TITLE : SUPPLY CHAIN MANAGEMENT
TIME : 2 HOURS
Instructions:
Answer question one and any other two questions.
Question One
To plan an effective logistic structure, it is necessary to be aware of the interaction between the various members o f the supply chain network.
Define supply chain management and distinguish it from logistics management.
(5mks)
Suggest the various costs associated with the logistic function giving ways of minimizing them.
(10mks)
Discuss the four major components of physical distribution management explaining the importance of each in supply chain management.
(10mks)
Discuss benefits of after-sales logistics.
(5mks)
Question Two
You have been requested to find out if activities in an organization are adding value so that supply chain can be optimized. Using an appropriate diagram, describe how this can be done highlighting the benefits of doing so. (20mks)
Question Three
Discuss the following components of supply chain explain why each must be handled well to maintain a good flow of materials.
Supplier relationship management
Intermediaries relationship management
Third-party service providers
Customer relationship management.
(20mks)
Question Four
Distinguish between insourcing and outsourcing giving advantages and disadvantages of each in the supply chain management.
(12mks)
Under what circumstances would you consider the following concepts important in an organization
MRP and MRP II
JIT.
(8mks)
Question Five
Discuss the various functions performed by intermediaries in the supply chain management.
(10mks)
Discuss various types of buying situation that are important to supply chain mangers.
(10mks)
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