Outline five methods that an organization may use to expedite orders placed with suppliers.(10 marks)July 2020
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Outline five aspects of a firm’s experience that may be incorporated in the tender document to be used as an evaluation criteria. (10 marks)July 2020
Explain five ways in which a purchasing officer may minimize price variation in purchasing contracts. (10 marks)July 2020
An organization has adopted a periodic réview “system asa technique of controlling the amount of stock. Outline five disadvantages of the system. (10 marks)July 2020
One of the objectives of the purchasing function is to obtain materials at a competitive market price. Explain five ways in which a procurement officer may achieve this objective.(10 marks)July 2020
Explain five circumstances under which progress ier method may be appropriate for use in purchasing operations. (10 marks)July 2020
An organization has decided to use the standard gauge railway to transport its consignment from the port of Mombasa. Explain five factors that may have influenced this decision.(10 marks)July 202
Outline five challenges that an organization may face when adopting electronic funds transfer as a payment method. (10 marks)July 2020
Explain five reasons that may make an organization to undertake pre-shipment inspection for its materials requirement. (10 marks)July 2020
ABC Limited has adopted standing orders as a technique of managing its materials requirement. Explain five benefits that the company may derive from such a technique.(10 marks)July 2020