Supply Chain Management And Purchasing Principles

Outline five elements that constitute total cost of ownerships as used in evaluating the bids for capital supplies (10 marks)July 2020

Explain five circumstances under which an organization may adopt counter-trade as a sourcing method 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

Explain five reasons that may make an organization to undertake pre-shipment inspection for its materials requirement. (10 marks)July 2020

Outline five challenges that an organization may face when adopting electronic funds transfer as a payment method. (10 marks)July 2020

Explain five circumstances under which progress ier method may be appropriate for use in purchasing operations. (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

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

Explain five ways in which a purchasing officer may minimize price variation in purchasing contracts.  (10 marks)July 2020

A certain organization has adopted a horizontal approach in organizing its purchasing function. Explain five disadvantages of adopting such an approach. (10 marks).July 2020