Question: Read the statement below and answer the questions that follow. Business is becoming more and more competitive, and organisations have realised that purchasing and Supply
Read the statement below and answer the questions that follow.
Business is becoming more and more competitive, and organisations have realised that purchasing and Supply Chain Management (SCM) are key factors in satisfying customers. Buyers and supply chain managers can contribute significantly to the organisation's profits. An organisation can spend as much as 50% of its sales revenue on purchasing parts, services, components and raw material. Therefore, efficient, mutually beneficial and constructive relationships with suppliers are very important to the organisation's short-term financial position and long-term competitive power.
Suppose that you are appointed as a purchasing manager at Shoprite in your area and answer all the following five questions based on the above statement:
Question 3 (20 Marks) Shoprite offers its customers all needed grocery items. But also brings a range of quality products including extra-matured Steakhouse Classic Steaks, Wines from 10 of the worlds best wine producing countries, the finest Single Origin Roast Coffees, freshly baked breads and the freshest fruit and vegetables all year round. https://www.shoprite.co.ao/en/about-us.html
Critically analyse any five most important types of costs applicable to quality. Make reference to the case study to illustrate your analysis.
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