Question: QUESTION 2 ( 2 5 Marks ) Purchasing management has evolved from a support function to a mainstream value adding function within the organisation. Procurement
QUESTION Marks
Purchasing management has evolved from a support function to a mainstream value adding function within the
organisation. Procurement management and strategic sourcing now feature within the executive suite of almost every
organisation. Analyse how global sourcing can assist an organisation to achieve truly global performance levels.
ID
QUESTION Marks
Supply chain integration is an important undertaking that is emphasised by supply chain managers. This helps the
manager to identify areas of weakness and areas for improvement and to suggest measures on how all processes can
be viewed as a system. Provide a critical discussion of any obstacles to process integration along the supply chain.
QUESTION Marks
A large Portland manufacturer wants to forecast demand for a piece of pollution control equipment, a review of past
sales as shown in the table below, shows that an increasing trend is present;
Month t
Actual demand At
Smoothing constants are assigned the values of smoothing constant and smoothing constant for the trend The
firm also assumes that the initial forecast for month F was units and the trend over the period T was units.
Develop a trend adjusted exponential smoothing forecast for the months.
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