Question: QUESTION 1. (4 marks) a) Discuss the procurement cycle and its effect on procurement activities (16 marks) b) Identify any four (4) sourcing strategies QUESTION

QUESTION 1.
(4 marks) a) Discuss the procurement cycle and its effect on procurement activities (16 marks)
b) Identify any four (4) sourcing strategies
QUESTION 2.
b) Explain the following
i. Capital Cost
ii. Ordering Cost
iii. Holding / carrying Cost iv. Stock out cost.
v. Inventory management (10marks)
(20 marks)
QUESTION 3.
a) As a logistics manager, evaluate the five warehouse ownership decisions (10marks) b) State five roles of warehousing (5marks)
c) Identify five means/ types of transportation (5 marks)
QUESTION 4.
a) Discuss any three Value added role of Logistics. (6 marks) b) Discuss any three Warehousing Types in Logistics management. (6 marks)
c) Establish any four objectives of Contract management. (8 marks)

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