QUESTION ONE (30 MARKS) Read the below abstract and answer the following questions A supply chain management (SCM) system is a set of software solutions that manages and oversees the flow of goods, data, and finances as a product or service moves from point of origin to its final destination. Supply chain activities encompass procurement, product lifecycle management (PLM), supply chain planning (SCP), logistics and order management. A complete, end-to-end supply chain management system includes the material handling and software packages for all the parties who work together to create the product, fulfil orders, and keep track of information including suppliers, manufacturers, wholesalers, transportation providers, logistics providers, and retailers. https://www.oracle.com/za/applications/supply-chain-management/what-is-supply-chainmanagement- system.html Accessed on 19/09/19

QUESTION 1:

1 Define the term supply chain management. (5)

1.2 Briefly discuss what each of these terms refer to: procurement; product lifecycle management; supply chain planning; logistics management and order fulfilment. (10)

1.3 SCM plays a major role in business especially in the current fast changing environment, name five roles of supply chain management? (10)

1.4 SCM consists of different services; Provide five different Services currently offered by SCM. (5)

QUESTION 2: 20 MARKS Buyer-supplier relationships in the supply chain are one of the most important elements of the supply chain integration.

2.1. Outline the three different levels of buyer-supplier relationships and state the five prominent dimensions of the buyer-supplier relationship

QUESTION ONE ( 30 MARKS) Read the below abstract and answer the following questions A supply chain management (SCM) system is a set of software solutions that manages and oversees the flow of goods, data, and finances as a product or service moves from point of origin to its final destination. Supply chain activities encompass procurement, product lifecycle management (PLM), supply chain planning (SCP), logistics and order management. A complete, end-to-end supply chain management system includes the material handling and software packages for all the parties who work together to create the product, fulfil orders, and keep track of information including suppliers, manufacturers, wholesalers, transportation providers, logistics providers, and retallers. https://wow.oracle.com/za/applications/supply-chain-management/what-is-supply-chainmanagementsystem.himl Accessed on 19/09/19 QUESTION 1: 1.1 2.1 Define the term supply chain management. (5) 1.2 Briefly discuss what each of these terms refer to: procurement; product lifecycle management; supply chain planning: logistics management and order fulfilment. (10) 1.3 SCM plays a major role in business especially in the current fast changing environment, name five roles of supply chain management? (10) 1.4 SCM consists of different services; Provide five different Services currently offered by SCM. (5) QUESTION 2: 20 MARKS Buyer-supplier relationships in the supply chain are one of the most important elements of the supply chain integration. 2.1. Outline the three different levels of buyer-supplier relationships and state the five prominent dimensions of the buyer-supplier relationship