Purchasing and Supply Management Assignment-
Question 1 -
(a) The purchasing function has an influence on other business functions. Elaborate on such influence with examples.
(b) Explain with examples how Purchasing and Supply Management form an integral part of other broader management functions.
(c) Explain what are the problems associated with the performance evaluation of the purchasing and supply function in organizations.
Question 2 -
(a) Briefly explain the advantages that an organization will gain from subcontracting or outsourcing a specific service.
(b) Discuss the criteria for evaluating a potential supplier to deliver a goods or services in an organization.
Question 3 -
Explain what advantages you will have for your trading business if you choose to purchase your goods from a distributor instead of a manufacturer.