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Supply Chain Management And Procurement(Pscm 045)  Question Paper

Supply Chain Management And Procurement(Pscm 045)  

Course:Business Administration

Institution: Kenya Methodist University question papers

Exam Year:2013



TIME: 2 HOURS
INSTRUCTIONS
Answer question one and any other two questions
Question One
Explain the meaning of the following terminologies as used in supply chain management and procurement
(10 Marks)
MRP
CRM
SCM
DM
SRM
Discuss in details the phases in the purchasing cycle giving relevant examples in the purchasing department
(12 marks)
Identify at least 8 costs associated with storage of goods
(8 marks)

Question Two
Explain the key inventory control techniques
(10 marks)
Draw the EOQ model and clearly explain the four assumptions of this model
(10 marks)

Question Three
Explain the following types of structures as used in new types of organizations
(12 Marks)
Network structures
Lean structures
Agile structures
Leagile structures
Explain the key enablers of supply chain management
(8 marks)

Question Four
Explain the concept of Just In time (JIT) citing five advantages and five challenges facing its implementation
(15 Marks)
Highlight the principles underlying the use of total quality management (TQM)
(5 Marks)

Question Five
Highlight fivecategories of supply chain in risks
(10 Marks)
Distinguish between dependent and independent demand
(4 marks)
"Customers are an important asset to the organization." Discuss
(6 Marks)




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