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Principles of Procurement and Logistics Management
Q.1. You have been asked by your company to prepare a three (3) paged concept paper examining the implications of supplier evaluations on procurement performance.
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- Q.4 Assuming you have been employed as a procurement and logistics manager of a company like Riham Group, prepare a working paper indicating how you will ensure effective logistics and supply operations of the company within first 100 days of your work. Prepare a three (3) paged presentation showing how involving key stakeholders will be of critical importance in the execution of the work mentioned in part (b) above.Question `1 a) Examine the keys factors that are likely to influence the choice of a given procurement strategy (ies) adopted by any organization. b) Examine the rationale for the increased interest in strategic procurement across organizations and supply chains today.You have recently been appointed as the executive director responsible for the purchasing function at Pick’n’Pay, which is one of the leading supermarkets in South Africa and other African countries. You notice that there are no documents that outline the roles and responsibilities of the buyer as well as the criteria that is used to select suppliers. Q.1 SIX criteria that yuo need to consider when selecting fruit and vegetable suppliers.
- MCQ 1-Evaluation of supplier performance in supply chain to determine whether or not to be a future supplier is known as _____a. Supply chain clarification. b. Supplier qualification c. Supply chain performance d. Supply chain quality performance. 2-International standards are used in supply chain to_____ a. Find new methods to develop products. b. Add new frame to the production process. c.Add luxury to the organisation look. d. Filter suppliers. 3-In organization, strategic options are developed based on_____a. Analysis of goals, mission and value of market. b. Analysis of vision, goals and suppliers. c. Analysis of vision, goals and mission.d. Analysis of mission, goals and products.3.-What does it mean not to take advantage of the discount granted by the supplier for prompt payment? A) A punishment for paying early B) A penalty for not paying on the agreed date. C) Charge a financial cost to the purchase operation. D) A saving for paying less (Choose one option)Subject: Procurement & sourcing Q): What is the procurement cycle, how its work in any organization give example?
- Principles of Procurement and Logistics Management Q.4 Assuming you have been employed as a procurement and logistics manager of a company like Riham Group, prepare a working paper indicating how you will ensure effective logistics and supply operations of the company within the first 100 days of your work.Q.1:Discuss in detail some problems that a company can face when each stage of a supply chain starts focusing solely on its own profits when making decisions? Also recommend what can a company do to expand the scope of strategic fit.Q: 03. [10]Which is more effective technique; Push-based Supply Chain management or Pull-based Supply chain management? Provide a scenario where Push-based is effective and another scenario where pull-based could be effective. To the point answer is required.
- Question one What challenges have been faced by various bodies when implementing e-procurement in acquisitioning goods and services.Question two Suggest possible measures/ solutions that can be undertaken to offset thechallenges.SLO 8.2. If the buyer does not have a clear and unambiguous description or specification and wants to find out which supplier can deliver the best value when and where needed, he or she will typically issue a: Request for quotation (RFQ)Request for proposal (RFP)Request for information (RFI)Request for bid (RFB)Request for suggestions (RFS) SLO 9.1. Blanket purchase orders: Reduce costs by decreasing the number of purchase orders issuedCover multiple purchase requirements on one orderAre difficult to prepareReduce costs by decreasing the number of purchase orders issued and cover multiple purchase requirements on one orderReduce costs by decreasing the number of purchase orders issued, cover multiple purchase requirements on one order, and are difficult to prepareQuestion 1 a) Explain what a “supply chain” is. b) Explain why practioneers of supply chain management need to understand management accounting.