Hsp2312:Logistic Purchasing Question Paper
Hsp2312:Logistic Purchasing
Course:Bachelor Of Supplies Management
Institution: Meru University Of Science And Technology question papers
Exam Year:2013
QUESTION ONE – (30 MARKS)
(a) Logistics management is a “spring board” in perfection of organizations envisioned goals and objectives. Justify this statement by discussing ways and means of gaining competitive advantage through logistics. (10 Marks) (b) By aid of a diagram analyze the key components of logistic management. (10 Marks) (c) Explain the application of reverse logistics in an organizational set up. (10 Marks)
QUESTON TWO – (20 MARKS)
(a) Define the term inventory management. (2 Marks) (b) Discuss the concepts of business logistics in an organization. (8 Marks) (c) Analyze the prime added value aspects of logistics. (10 Marks)
QUESTION THREE – (20 MARKS)
(a) Highlight the functions of stores in organizational set up. (8 Marks) (b) Explain at least six reasons for keeping (holding inventory) in an organization. (12 Marks)
QUESTION FOUR – (20 MARKS)
(a) What are obsolete stocks? (2 Marks) (b) Explain ways and means of disposing obsolete/redundant materials. (12 Marks) (c) State the distinct ways of minimizing/controlling redundant stock in an organization. (6 Marks)
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QUESTION FIVE – (20 MARKS)
Write short notes on the following scheduling/manufacturing techniques in logistics management.
(a) Materials requirement planning. (5 Marks) (b) Optimized production technology (5 Marks) (c) Just-in-time system (5 Marks) (d) Strategic lead time management (5 Marks)
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