Psm 605 Supply Chain Models And Systems Town Campus Question Paper
Psm 605 Supply Chain Models And Systems Town Campus
Course:Masters Of Business Administration Procurement And Supply Management
Institution: Kca University question papers
Exam Year:2014
UNIVERSITY EXAMINATIONS: 2013/2014
EXAMINATION FOR THE MASTERS OF BUSINESS ADMINISTRATION
(MBA) PROCUREMENT AND SUPPLY MANAGEMENT
PSM 605 SUPPLY CHAIN MODELS AND SYSTEMS TOWN CAMPUS
DATE: AUGUST, 2014
TIME: 3 HOURS
INSTRUCTIONS: Answer Question One and Any Other Three Questions
QUESTION ONE (31 MARKS)
In the global economy, every company must compete against customer choices coming from
everywhere and anywhere. The single most visible result of this hyper-competitive environment is
rapid commodization.
Growth and profitability are expected and increased shareholder value is demanded. Doing the right
thing is becoming more important than doing everything. Therefore, organizations are becoming better
focused and more specialized. They evaluate each activity to determine if and how it provides a unique
competitive advantage.
The risk attached to lengthy and slow-moving logistics ‘pipelines’ has become unsustainable, forcing
organizations to look again at how their supply chains models are structured and managed.
Organisations that deal with and logistics and supply chains have to know that the key to survival in
these days is on changed conditions through ‘agility,’ in particular by the creation of responsive supply
chains systems. A distinction is drawn between the philosophies of ‘leanness’ and ‘agility,’ and the
appropriate application needs to be implemented. Basically supply chain must be lean. Supply chain
specialists need to up their game to enable their organisations remain relevant
Required:
(a)
Define lean modeling management and illustrate with examples how it can be used to provide
organisations competitive advantages in the areas of operation.
(b)
(15 Marks)
The risk attached to lengthy and slow-moving logistics ‘pipelines’ have become unsustainable,
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forcing organizations to look again at how their supply chains are structured and managed. As a
supply chain professional, outline the Main Factors Influencing Successful Outsourcing in
distribution.
(16 Marks)
QUESTION TWO (23 MARKS)
(a) Define and explain bull whip model in supply chain management
(b) Explain the Methods intended to reduce uncertainty, variability, and lead time to overcome bull
whip model
(3 Marks)
(20 Marks)
QUESTION THREE (23 MARKS)
Use of third party logistics providers enables firms gain competitive advantage over their rivals.
Outline the importance of outsourcing /use of third party logistics providers in global sourcing.
QUESTION FOUR (23 MARKS)
(a) Define JIT. (3 Marks)
(b) Explain the JUST-IN-TIME effects in supply chain models. (20 Marks)
QUESTION FIVE (23 MARKS)
(a) Define the term Supply chain management
(b) Supply chain management flows can be divided into three main flows .Explain the flows
applicable
(3 Marks)
(20 Marks)
QUESTION SIX (23 MARKS)
(a) Define material handling. (3 Marks)
(b) Explain the five key principles of material handling in supply chain models (20 Marks)
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