Condensed LO1

Question 1

Q1

Full Q: What is Supply Chain Management (SCM)? Outline drivers, advantages & disadvantages of using this approach within the Procurement Department of an Organisation. (25 marks)

Note: Answer as an Intro of Essay & must only be SCM, nothing about Tiers inc.

Answer 1

• Process arrangement in …? By P & D…?
• From (OP->E)? Use e.g. Potato
• Relies…Close rela. bet. + AV @ what?
• SConfig. (TSC)

Question 2

Q1

a) What is Supply Chain Management (SCM)?

Note: DefineTSC + [SOMEL]

Answer 2

• What is TSC? Involves multi what?
• A buyer work with few Tier1 supp. in turn..
• Many layers of Supp. in Tiered Sys. leads…
• Essay explores …. Implement Complex…
• Give examples of Point [4]

Question 3

Q1

Drivers of using SCM approach Part 1

1 - What is main driver of TSC ?
2 - ‘By having Supp. in distinct tiers’ means?

Answer 3

• Using TSC main driver = EC-EFlex. pursuit
• Org. can SMo processes
• Reduce & Enhance what???

Question 4

Q1

Drivers of using SCM approach Part 2

‘TSC employed as response to…’

Answer 4

• Global nature of modern business
• Assist need to source mat. from?
• Maintain what (2)?

Question 5

Q1

Advantages of using SCM approach

Answer 5

• TSC Adv. = SMo Supp.
• Oversee fewer… Simplifies what process?
• Increase what (2)? Give example using Org.
• Supp. in a tiered system means (2)???

Question 6

Q1

Disadvantages of using SCM approach

Answer 6

• TSC`s complexity = ↓ what???
  -As SC … across multiple tiers means… (1)

Results in:
- 2 challenges + causes what?
- Ethical risks emerged when?
- Exposing Orgs to 3 issues:

Question 7

Q1

Give conclusion on SCM approach

Answer 7

• SCM evolved into complex discipline
• Due to globalisation & ??? For what?
• Talk on Need + Adv. + Disad. adopting TSC
• Weigh & balance what??? Achieves what?

Question 8

Q2

Give as a list FOUR differences between traditional Proc. & SCM, respective approach.

Answer 8

• [1] Approach`s objective
• [2] The approach (RB vs PrO)
• [3] Ways of Working (WoW)
• [4] SuppRela.

Question 9

Describe the main differences between a traditional procurement approach + SCM approach to buying (25 marks)

‘SOMEL paragraph on Proc. & SCM’

Answer 9

• 2 evolving Purch. practise to acquire G
• What`s Proc. ??? (in Purch.)
• SCM??? (in Complex + SC)
• Essay ‘SOMEL’

Question 9

Objective of SCM (OoSCM)

Answer 9

• OoSCM = XXX to entire of XXX???
  -Involves close what? Results in what (2)???

Question 9

Objective of Proc. (OoP)

Answer 9

• OoP = achieving??? Get right goods…
• Results…

Question 9

Give Example of company using each approach with OoP/SCM

Answer 9

• E.g. company using Proc. approach
• OoP emphasize getting lowest what?
• E.g. company using SCM approach
• Work with suppliers to enhance + reduce what?