QUESTION 1 You have been hired as a supply chain consultant for XYZ Company Ltd to help improve the contribution of the purchasing function to the overall firm performance. Identify three typical purchasing tasks at the strategic, tactical and transactional levels and recommend three appropriate key performance indicators (KPIs) that could be used for each level of operations.

QUESTION 2 A number of measurable improvement can be linked to the performance of the purchasing function. Examine in detail any eight (8) measurable improvement you would pursue as a Purchasing Manager to maximize the contribution of the function.

QUESTION 3 a) Managing businesses efficiently and effectively must lead to attaining organisational objectives. Explain the concepts, efficiency and effectiveness in relation to purchasing performance measurement. b) Your role as a Purchasing Manager requires the management and control of incoming product quality. Discuss five (5) key responsibilities you would engage in to pursue a continuous improvement agenda for bought-out products. QUESTION 4 a) You have been called by Joy FM as a procurement expert during the station's 6pm news bulletin to educate listeners on the difference between price analysis and cost analysis. Provide listeners with an insight into the two practices supporting your response with relevant examples. b) The Financial Director of your firm has questioned you on the relevance of price and cost analysis within the firm's purchasing procedure. Outline five benefits that can be derived from the practice. A number of measurable improvement can be linked to the performance of the purchasing function. Examine in detail any eight (8) measurable improvement you would pursue as a Purchasing Manager to maximize the contribution of the function.

C) Managing businesses efficiently and effectively must lead to attaining organisational objectives. Explain the concepts, efficiency and effectiveness in relation to purchasing performance measurement. d) Your role as a Purchasing Manager requires the management and control of incoming product quality. Discuss five (5) key responsibilities you would engage in to pursue a continuous improvement agenda for bought-out products.

QUESTION 3 a) You have been called by Joy FM as a procurement expert during the station's 6pm news bulletin to educate listeners on the difference between price analysis and cost analysis. Provide listeners with an insight into the two practices supporting your response with relevant examples.

b) The Financial Director of your firm has questioned you on the relevance of price and cost analysis within the firm's purchasing procedure. Outline five benefits that can be derived from the practice.

QUESTION 4 a) Kantanka automobile has had a number of inventory issues ranging from explosions in inventory levels to stock-outs leading to operational difficulties. Explain to the inventory manager, the three main objectives that inventory management must aim to achieve in order to maximize its contribution to the operations of the firm.

b) The amount of effort to be put into the measurement of the supplier's performance will depend on a number of factors. Being the Purchasing manager, examine five key factors you will consider in determining the amount of effort to be put into measuring a supplier's performance.