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IPS511S - INTRODUCTION TO PROCUREMENT AND SUPPLY CHAIN MANAGEMENT - 1ST OPP - JUNE 2022 |
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nAmlBIA unlVERSITY
OF SCIEnCE Ano TECHnOLOGY
FACULTYOF COMMERCE, HUMAN SCIENCESAND EDUCATION
DEPARTMENT OF MARKETING AND LOGISTICS
QUALIFICATION:BACHELOROF PROCUREMENT& SUPPLYCHAIN MANAGEMENT
QUALIFICATIONCODE: 07BPSM
LEVEL: 5
COURSECODE: IPS511S
COURSENAME: INTRODUCTIONTO PROCUREMENT
AND SUPPLYCHAIN MANAGEMENT
"
SESSION: JUNE 2022
PAPER:THEORY
DURATION: 3 HOURS
MARKS: 100
1ST OPPORTUNITY EXAMINATION QUESTION PAPER
EXAMINER(S} MS. SELMA KAMBONDE
MS. GLORIA TSHOOPARA
MS. ANNA HAITEMBU
MR. PUIS SHIFETA
MR. HEIKKY AMWEELE
MODERATOR: MS. ESTERJESAYA
INSTRUCTIONS
1. PLEASEANSWER ALLQUESTIONS
2. YOU SHOULD LABELALLANSWERSCORRECTLYAND CLEARLY
3. WRITE NEATLYAND CLEARLY
THIS QUESTION PAPERCONSISTSOF 5 PAGES(Including this front page)
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SECTION A [MULTIPLE CHOICE QUESTIONS-Ql.1-Q 1.16]
Question 1
1.1 Which ofthe following statements is true?
a} Supply chain is a subset of logistics.
b} Transportation and logistics are same.
c} Logistics and supply chain are same.
d} Physical distribution and logistics are the same.
e} Logistics is a subset of supply chain
(2 marks)
1.2 If a customer visiting a departmental store cannot find his desired soap manufactured by
Dove Ltd in the store, which of the following chain partner will he hold responsible for
the non-availability of the soap?
(2 marks)
a) The suppliers of raw materials and components
b) The distributor
c) Dove Ltd
d} The logistics service provider
e} The departmental store
1.3 One major factor that has stimulated the globalisation process is:
a) Effective utilisation of resources
b) Increase in income and wealth
c) Willingness to cooperate
d} Rapid improvement in technology
(2 marks)
1.4 Globalisation by connecting countries leads to:
a) Lesser competition among producers
b} Greater competition among producers
c) No competition between producers
d) None of these
(2 marks)
1.5 The movement and storage of materials within a firm refers to:
a} Physical distribution
b} Inbound logistics
c) Materials management
d) Procurement
(2 marks)
1.6 A cost trade-off is a situation where:
(2 marks)
a} All costs react according to their individual degrees of inflation in the economy
b} All costs are reflected as a percentage variation from standard costs
c) Some costs increase, some decrease, and the net effect is that total costs decrease
d) Some costs are eliminated by efficient management controls
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,-
1.7 A primary aim of a procurement should be to achieve ....
a) Stock Control
b) Value for money
c) Outsourcing
d) Inventory management
(2 marks)
1.8 Company A makes widgets and sells them to Company B, who incorporates some software
and other materials to produce gadgets. Company B sells these gadgets to Company C, the
end user. Which is the best statement regarding the relationship among Companies A, B, and
C?
(2 marks)
a) Company Bis upstream from Company A.
b) Company Bis a second tier supplier of Company A.
c) Company A is a first tier supplier for Company C.
d) Company C is downstream from both Company A and Company B
1.9 Frank has a meeting with a business that supplies raw materials to a supplier from which
Frank buys finished products. Frank knows that working with suppliers throughout the supply
chain can aid transparency. What is the name for the levels of suppliers in a supply chain? of
these is NOT a flow that moves up and down the supply chain?
(2 marks)
a) Traders
b) Steps
c) Stages
d) Tiers
1.10 An agile supply chain takes care of:
a) A high level of demand uncertainty
b) A high level of both demand and supply uncertainty
c) Either demand Supply Chain disruptions
d) or supply uncertainty
(2 marks)
1.11 In order to ensure value for money organisations must strive for
a) timely delivery
b) efficient and effective administration
c) short supply chains
d) inventory management
(2 marks)
1.12 The term supply management is broader than the purchasing function because it:
(2 marks)
a) includes marketing
b) includes operations/production
c) includes managing relationships with suppliers
d) includes negotiating enforceable contracts
e) includes measuring the total cost of ownership
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1.13 The term value chain means we include the supply chain in our analysis and
management with:
(2 marks)
a) end consumer
b) the downstream portion of the chain and distribution, such as marketing
c) channels of distribution
d) financial impact studies
e) opportunity cost
1.14 What are firms called that provide advanced and integrated supply chain solutions?
(2 marks)
a) Freight forwarders
b) Third-party logistics providers
c) Transportation carriers
d) Fourth-party logistics providers
1.15 What types of costs need to be considered in making global sourcing decisions? (2 marks)
a) Transportation costs
b) Production costs
c) Inventory carrying costs
d) All of the above
Question 1.16
State whether the below statements are True or False
a) Logistics clearly contributes to time and form utility.
(1 mark)
b) An individual firm can only be involved in one supply chain at a time.
(1 mark)
c) Shipment routing and reverse logistics are common activities demanded by third-
party logistics customers.
(1 mark)
d) Consumers are demanding about the same levels of service today as in years past.
(1 mark)
e) As a general rule, supply chain collaboration is widely and successfully applied.
(1 mark)
Sub-total: 35 marks
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SECTION B [DISCUSSION QUESTIONS - QUESTION 2 AND QUESTION 3)
Question 2
2.1 The supply chain process is fundamental to good supply chain management. It is used
by companies to make their supply chain as efficient and cost-effective as possible and
deliver customer value and give them a competitive advantage. There are five steps
to the supply chain process, list those 5 steps.
(10 marks)
2.2 List 10 global supply chain sourcing risks?
(10 marks)
2.3 List and discuss the '5 rights of procurement' including how each might be achieved,
provide an example for each right?
(15 marks)
Sub-total: 35 marks
Question 3
3.1 Discuss the push, pull and push-pull supply chain strategy, and provide an example for
each strategy?
(20 marks)
3.2 Briefly, explain what a bullwhip effect is and list any 3 causes?
(10 marks)
Sub-total: 30 marks
TOTAL: 100 MARKS
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