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
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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
Explain five ways in which a purchasing officer may minimize price variation in purchasing contracts. (10 marks)July 2020
Outline five mistakes that a supply chain manager may make while developing specifications for goods and services. (20 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
Outline five methods that an organization may use to expedite orders placed with suppliers.(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