Question 1: Contributions of the Purchasing function Effective management of the purchasing function can contribute considerably to the competitive benefit and service delivery capacity of organizations, both in the public and private sectors.
Private sector businesses are profit-oriented while public sector organizations are service-oriented. Though, both sectors depend largely on the contributions of the purchasing function to accomplish their objectives in respect to profitability, quality, image-building, timely delivery of services, continuity of supply and operations and above all, meeting up the growing demands and expectations of end-users.
a) What are the main differences between public buying and purchasing in the private sector?
b) Taking any organization of your choice, explain the main contributions that the purchasing function can bring to the organization.
Question 2:
a) Describe the term Supply Chain.
b) Explain the three methods of collaboration in a supply chain.
c) Explain in brief the advantages of integration in any supply chain.
Question 3:
a) What are the key measures of purchasing performance?
b) An outside consultant can be used to measure the purchasing performance. Describe the process.
Question 4:
a) The purchasing Cycle of any purchase is really the Lead-Time. Do you agree?
b) Describe the bidding process in public purchasing of goods and services.
Question 5: Write in brief on the given terms.
a) E-procurement.
b) Ethical Purchasing.
c) Multiple Sourcing.
d) Logistics.