- Clearly explain the various goals and objectives of a purchasing manager.
- Using an appropriate diagram, explain how a supply chain manager can add value to his activities in the organization.
- Differentiate and explain the following terms;
- MRP and MRP II
- Economic order quantity and Fixed Order Quantity
- Lean structures and Agile structures
- JIT system and ABC classification (5marks)
4. A number of activities integrate and make purchasing critical in supply chain-management. Outline and explain the steps in purchasing.
5.As a supply chain manager, you realize that you must keep inventory to a certain degree. Explain some requirements for effective inventory management.
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