MNP2601 Purchasing Management

University of South Africa

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    mnp2601-condensed-notes. Complete And Verified.

  • Unit 1 – Purchasing Function in perspective Distinguish between purchasing and supply management concepts Purchasing Management (P,N,E,F)  Process of buying, locating & selecting a supplier  Negotiating price, quality, quantity  Ensuring delivery  Functional approach Supply Management (M,S,R)  Management of resources the organisation needs to attain objectives  Strategic focus and systems approach  Regards suppliers as extensions of the firm Discuss objectives o...
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MNP2601 exam questions solutions.
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    MNP2601 exam questions solutions.

  • CHAPTER 2 Oct/Nov 2014 Question 2 2.1 In a table, shortly explain why a supply manager would consider a decentralised purchasing and supply organisational structure by referring to the following. Chapter 2 (a) Any 5 advantages of a decentralized P&S Organisational structure (5 marks) (b) Any 5 disadvantages of a decentralized P&S Organisational structure (5 marks Type of structure Advantages Disadvantages Centralised  Materials & products are standardised.  Negotiating power...
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  • CHAPTER 1 INTRODUCTION TO PURCHASING AND SUPPLY CHAIN MANAGEMENT  Understand the differences between purchasing and supply management  Understand the differences between supply chains and value chains  Identify the activities that are part of supply chain management  Appreciate the importance of supply chain enablers  Identify the historical stages of purchasing’s evolution Re-shoring involves bringing some sourcing back to the United States, while near-shoring involves ...
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