Question: SUBJECT NAME: INTRODUCTION TO LOGISTICS MANAGEMENT (ATTACH WITH REFERENCE) Q3. Procurement is one of the key activities in supply chain and logistics. Good procurement practices

SUBJECT NAME: INTRODUCTION TO LOGISTICS MANAGEMENT (ATTACH WITH REFERENCE)

Q3. Procurement is one of the key activities in supply chain and logistics. Good procurement practices can make the difference in improving efficiency and effectiveness of overall organizations strategic and operations.

(a) Discuss TWO (2) objectives of procurement. (5 marks)

(b) As the Head of Procurement department, explain FOUR (4) critical factors for a successful procurement process. (20 marks)

[Total: 25 marks]

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