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IPS511S - INTRODUCTION TO PROCUREMENT AND SUPPLY CHAIN MANAGEMENT - 2ND OPP - JULY 2022 |
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nAmlBIA unlVERSITY
OF SCIEn CE Ano TECHn OLOGY
FACULTY OF COMMERCE, HUMAN SCIENCESAND EDUCATION
DEPARTMENT OF MARKETING AND LOGISTICS
QUALIFICATION: BACHELOR OF PROCUREMENT AND SUPPLY CHAIN MANAGEMENT
QUALIFICATION CODE: 07BPSM
LEVEL: 5
COURSE CODE: IPSSllS
SESSION: JULY 2022
DURATION: 3 HOURS
COURSE NAME: INTRODUCTION TO PROCUREMENT
AND SUPPLY CHAIN MANAGEMENT
PAPER: THEORY
MARKS: 100
SECONDOPPORTUNITYEXAMINATION QUESTIONPAPER
EXAMINER(S}
MS. SELMA KAMBONDE
MS. GLORIA TSHOOPARA
MS. ANNA HAITEMBU
MR. PUIS SHIFETA
MR. HEIKKYAMWEELE
MODERATOR: MS. ESTERJESAYA
INSTRUCTIONS
1. Answer ALL the questions.
2. Write clearly and neatly.
3. Number the answers.
4. This paper consists of Section A {Questions 1 and 2 allocated 40 Marks) &
Section B { Questions 3 and 4 allocated 60 Marks)
THISQUESTIONPAPERCONSISTSOF 4 PAGES(Including this front page)
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SECTIONA: MULTIPLECHOICEAND TRUE/FALSEQUESTIONS
(40 Marks)
QUESTION1: MULTIPLECHOICE
Write the letter next to the correct answer.
1.1.According to supply chain experts, _____
place that affect the supply chain.
a) logistics
b) warehousing
c) technology
d) customer power
(2X10=20 Marks)
has been at the centre of the changes taking
(2 marks)
1.2. Which of the following is not a routine occurrence in global supply chains?
a) documentation errors
b) incomplete shipments
c) packaging errors
d) failure to follow order guidelines
e) all the above are routine occurrences
(2 marks)
1.3. Reverse logistics is:
(2 marks)
a) Just another word for green logistics
b) A system that allows products to travel backward through a distribution channel
c) Used to find out about other companies' logistics system
d) The optimal rotation of cycle stock.
1.4. "Lean Thinking" can help reduce the total cost of ownership (TCO);this means the supply team in
the entire "chain" must work to
(2 marks)
a) lower conversion cost
b) reduce the cycle time cost
c) reduce risk cost
d) reduce non-value costs
1.5.The ability of logistics management to satisfy users in terms of time, dependability,
communication, and convenience is the definition of
(2 marks)
a) customer satisfaction
b) the order cycles
c) Lead time
d) customer service
1.6.A primary aim of a procurement professional must be to achieve__ _
a) value for money
b) stock control
c) inventory management
d) outsourcing
(2 marks)
1.7 What is the point of warehouse management systems?
a) To keep track of what is in the inventory
(2 marks)
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b) To keep track of what is on the sales floor
c) To keep track of all goods
d) To keep track of goods in transit
1.8 What costs are considered in the basic EOQ model?
(2 marks)
a) annual ordering costs+ annual holding costs
b) annual purchasing costs+ annual holding costs
c) annual ordering costs+ annual holding costs+ annual shortage costs
d) annual purchasing costs+ annual ordering costs+ annual holding costs+ annual shortage costs
1.9 When we add the term networks to the supply and value chains, we are emphasizing the need
to focus on and interactively communicate with:
(2 marks)
a) suppliers
b) distributors
c) final consumers
d) tiers of suppliers
e) all support organizations
1.10 Which of the following are the functions of warehousing?
(2 marks)
a) Consolidation
b) Inbound logistics
c) Breaking Bulk
d) All of the above
QUESTION2: TRUE/ FALSE
Subtotal: 20 marks
State whether the following statements are true or false:
(2xl0= 20 Marks)
a) The term "value chain" includes both the upstream and downstream portion of the supply
chain.
(2 marks)
b) Stock-outs refer to a situation where a company is out of an item while there is demand for
that item
(2 marks)
c) Returned products represent one type of activity in the logistical channel.
(2 marks)
d) Long production runs sometimes result in excessive inventory of products with limited
demand for them.
(2 marks)
e) Transportation specialists such as freight forwarders, shippers' associations, and
transportation brokers can help achieve consolidation across the place for small shipments.
(2 marks)
f) Order processing refers to the time from when the customer places an order until the seller
receives the order.
(2 marks)
g) In make-to-order situations, finished goods are produced after receiving a customer order.
(2 marks)
Customer service compares a customer's actual experience with the expected experience.
(2 marks)
h) Customer and consumer are synonymous concepts.
(2 marks)
i) Outsourcing all non-critical activities is a trend where the idea is to achieve significant cost
leverage.
(2 marks)
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j) Some of the benefits of utilizing information are ensuring visibility, streamlined order
processing, and reduced lead time across the supply chain.
(2 marks)
Sub-Total: 20 marks
SECTION A: 40 TOTAL MARKS
SECTION B: STRUCTURED QUESTIONS
(60 Marks)
QUESTION 3
In recent years, the procurement function in most companies has become subject to changes in its
internal and external relations. This is possibly because it seems as if the procurement function in
many firms has developed from one' procurement department' into several organizational units that
are organized differently concerning several other internal functions to cope with their different
dema.nds.
3.1 Compare and contrast the role of procurement management in relation to other functions in an
organization?
(20 marks)
3.2 The Faculty of Computing and Informatics at Namibia University of Science and Technology
identified a need to buy 100 laptops to be used by students in the computer laboratory. Define the
term Procurement Management and discuss the procurement process/cycle of these laptops?
{20 marks)
QUESTION 4
Sub-Total: 40 marks
Shilongo Leather Works is a proudly Namibian company founded in 1986 by Mr. Shilongo. The
manufacturing company specializes in the art production of highly valued leather products. The
company has various outlets in the country.
4.1 Explain the major reasons why Mr. Shilongo needs to keep sufficient inventory?
(10 marks)
4.2 Using Michael Porter's generic value chain analysis, advise Shilongo Leather on how they can use
this business tool to drive efficiency in their organisation?
(10 marks)
Sub-Total: 20 marks
SECTION B: 60 TOTAL MARKS
THE END
TOTAL EXAM MARKS: 100
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