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<=Craft Certificate in Supply Chain Management Module II : Supply Chain Management and Purchasing Principles November 2018 past paper

Explain four negative effects to an organization of buying materials at a price lower than the market price.

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Questions List:

1. State three ways in which the human resource department may hinder efficient operations of the purchasing department in an organization
2. Outline three uses of supplies consignment note in transport operations of an organization
3. Highlight four purposes served by a specification during the sourcing process
4. Outline three documents that an organization may use when processing payment for purchased goods.
5. Outline three factors which may influence availability of materials in the supply market
6. State three places where inspection of incoming goods may be carried out.
7. Outline four advantages of using quotation as a method of sourcing in an organization
8. Outline three ways in which a supply chain officer may place purchase orders with suppliers
9. State three types of costs associated with holding of materials
10. Highlight six adverse effects of using polythene bags to package goods for distribution
11. Explain four indicators of an efficient inspection process for a consignment
12. Highlight six factors that a supply chain officer may consider when choosing a material specification method
13. Explain four limitations of using Electronic Funds Transfer (EFT) as a method of payment to suppliers
14. .Highlight six challenges that a supply chain officer may face when determining whether the price offered by suppliers is appropriate
15. Outline the procedure that an organization should follow when sourcing materials through the tendering method.
16. Highlight four activities undertaken by a buying organization during a material sourcing process.
17. Highlight six preparations that a supply chain officer should undertake before off-loading an incoming consignment
18. Explain four negative effects to an organization of buying materials at a price lower than the market price.


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