QUESTION 1
(a) Differentiate between purchasing strategy and strategic purchasing
(b) "World class purchasing is not only about placing orders". Describe the strategic role of the purchasing function in an organization
(c) Define any three of the following supply chain strategies-
I) Many Suppliers Strategy
II) Few Suppliers Strategy
III) Keiretsu Network Strategy
IV) Vertical Integration Strategy
V) Virtual Company Strategy
QUESTION 2
Annalyse the strategic resources suggested by Johnson, Scholes and Whittington(2005), that must be used as enabling tools to support strategy
QUESTION 3
Explain why organizations nowadays give so much importance to Purchasing
QUESTION 4
It is difficult to implement change in an organization. What strategies would you adopt to overcome resistance to change in your organization?
QUESTION 5
Illustrate and describe the Kraljic Portfolio Purchasing Model