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Purchasing and Supply Management Assignment-
Question 1 -
(a) The purchasing function has an influence on other business functions. Elaborate on such influence with examples.
(b) Explain with examples how Purchasing and Supply Management form an integral part of other broader management functions.
(c) Explain what are the problems associated with the performance evaluation of the purchasing and supply function in organizations.
Question 2 -
(a) Briefly explain the advantages that an organization will gain from subcontracting or outsourcing a specific service.
(b) Discuss the criteria for evaluating a potential supplier to deliver a goods or services in an organization.
Question 3 -
Explain what advantages you will have for your trading business if you choose to purchase your goods from a distributor instead of a manufacturer.
Supply chain strategy
Which of the following concepts/tools are not used to build effective supply chains, The largest cost component of total US supply chain costs is
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Briefly explain the role of distribution in the firm and discuss the strategic distribution decisions that have/ had to be made in the firm.
What general observations can you make regarding demand? Should Freddie have any concerns? Explain your answers in a 4-6 page paper, not including the cover and references pages.
Find a case study that discusses procurement, and then discuss and analyze the procurement cycle. Using the library, Internet, and your course materials, write a document of 5-6 pages that addresses the above tasks.
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Explain how Supply Chain Management (SCM) and Customer Relationship Management(CRM) systems could be used to improve the efficiency and effectiveness of thecompany's supply network.
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What is the most economical quantity of inventory to order? How many orders will you need to place each year? Are you carrying the proper amount of inventory of your main raw material? Why or why not?
Why do trade promotions often increase cycle inventory but fail to generate significant increases in customer demand? Please discuss in context of one industry.
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