Supply Chain Management And Purchasing Principles

Explain five ways in which a purchasing officer may minimize price variation in purchasing contracts.  (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 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 mistakes that a supply chain manager may make while developing specifications for goods and services. (20 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

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

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 an organization may adopt counter-trade as a sourcing method for its materials requirement. (10 marks)July 2020

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

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