Study guide and example questions - Exam 2

Study guide and example questions - Exam 2 - Study Guide...

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1 Study Guide and Example Questions SCM 371 – Fall 2011 – Exam 2 TOPICS TO FOCUS ON Purchasing Organization and Structure What are some common measures to assess the performance of purchasing? What can determine the position of purchasing in the firm’s organizational structure? How can the purchasing department be structured internally? What is the difference between operational and strategic purchasing? What is the difference between direct and indirect spend? What does it mean to have “co-location” with internal customers, and how can this be beneficial? What does it mean to have “co-location” with suppliers, and how can this be beneficial? What are the benefits of having a centralized purchasing structure? What are the benefits of having a decentralized purchasing structure? What is the best configuration (toward which most companies are tending at the moment)? What are some current trends in terms of the Chief Procurement Officer? What are some emerging supply chain governance infrastructures? What are some corporate directions that are necessitating a strategic response from supply management, and how does supply management respond? What implication does this have for the firm’s organizational structure? Commodity Strategy Development How can you describe strategy? What is a commodity strategy? Why is it important to have sourcing aligned with the goals of the overall enterprise? What is spend analysis, and why is it important? What insights could you gain from a
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Study guide and example questions - Exam 2 - Study Guide...

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