COURSE: Measuring Procurement Performance

(a) Explain any five (5) reason why of the procurement department of a company must embark on vendor rating? (10 marks)

(b) Discuss five (5) core skills a procurement officer or a buyer must have? (10 marks)

Question Two (2) Discuss any four (4) criteria you would use to evaluate vendors of a company. (20 marks)

Question Three (3) (a) Discuss any five (5) Key Performance Indicators (KPIs) used in each of the following to ensure least total cost of ownership. i) Procurement process ii) Supply chain department. iii) Inventory management (15 marks)

(b) Discuss five (5) duties of the buyer in the supply chain operations of a company. (5 marks) Question Four (4) (a) Discuss the Kraljic purchasing portfolio model used in the analyzing the purchasing portfolio of a company. (10 marks) (b) Explain five (5) economic factors that affect the price of goods and services in the market. (10 marks) Question Four (5) (a) Discuss five (5) importance of assessing the performance of suppliers in the supply chain of a company. (10 marks) (b) Explain five (5) factors that should be considered when a procurement department embarks upon vendor visitation? (10 marks) Question One (1) (a) As a Purchasing Officer/Procurement Manager, discuss any five (5) principles that affect the procurement of raw materials or services in the public sector of Ghana. (10 marks)

(b) The Procurement Cycle is the roadmap of the procurement process and a step by step approach to implementation of the purchasing process, discuss the key activities required to be performed at each stage of the procurement process. (10 marks)

Question Two (2) From your experience and role as an astute Procurement Manager, discuss the following criteria as used in evaluating suppliers in the supply chain: Pricing Quality Delivery Service (20 marks)

Question Three (3) (a) Procurement Key Performance Indicators (KPIs) are management tools designed to monitor the performance procurement department. Discuss the three (3) major groups of the KPIs used by the purchasing department to ensure best total cost of ownership. (12 marks)

(b) Outline some control measures that can used be to control the menace of conflict to interest or abuse of power in the procurement process. (8 marks)

Question Four (4)

(a) Outline five (5) marketing and economic factors that affect the price of goods and services in the market. (5 marks)

(b) Within the Value Chain Model, procurement is listed as a supporting or secondary activity. As a Supply Chain Manager, outline five (5) opportunities by which the purchasing function may contribute to corporate value addition. (5 marks)

(c) As a consultant in Procurement Management you have been called upon to give educate companies on the need to analyze their purchasing portfolio when dealing with suppliers. Discuss how you would employ the Peter Kraljic Model to achieve this purpose. (10 marks

Question Five (5) (a) Discuss four any (4) responsibilities of the procurement department of a company you know. (8 marks)

(b) Mention four (4) importance of assessing the performance of suppliers in the supply chain of retail company. (8 marks) c) Who is a good supplier? (4 marks)

COURSE: Measuring Procurement Performance