Discuss the objectives of purchasing management p8
Too supply organizations with a flow of materials and services to meet needs.
To maintain and develop the quality of purchased goods.
Maintain an optimum
2014-S2 MYUNISA E-TUTOR - EXAM REVISION SESSIONS: BASIC THEORY & MCQ [MNP2601-14-S2-1E]
"These questions prepare you on the type of questions that will be in the exam.
They are however not extracts from the exam paper."
When answering the paper, please at
Question 1 (Chapter 9)
Answer the following questions on inventory. (10 marks: 1 mark for each reason for holding
inventory; 3 marks for naming the three types of costs and 1 mark per description).
Give any four reasons for holding inventory (4) [TB P
Chapter 1 The purchasing function in perspective
DEFINE THE CONCEPT LOGISTICS (MAIN ELEMENTS)
The part of SCM that plans, implements and controls the efficient, effective forward and reverse flow in
storage of goods services and related information betwee
Unit 1 Purchasing Function in perspective
Distinguish between purchasing and supply management concepts
Purchasing Management (P,N,E,F)
Process of buying, locating & selecting a supplier
Negotiating price, quality, quantity
MNP2601 May/ June 2013 Purchasing and supply management
1.1 Give three advantages and three disadvantages of a centralised organisational structure for purchasing and
supply management. (6) [TB PG 31]
Materials and products are stand