1. Clearly explain the various goals and objectives of a purchasing manager.
  2. Using an appropriate diagram, explain how a supply chain manager can add value to his activities in the organization.
  3. Differentiate and explain the following terms;
  1. MRP and MRP II
  2. Economic order quantity and Fixed Order Quantity
  3. Lean structures and Agile structures
  4. 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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