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Procurement Management
1. Procurement Management is the sub-activity of operations management which is
further sub-activity of supply chain management.
i. Justify the above statement.
ii. What are the various types of software s/system that you can use for procurement management, operation management and supply chain management? Give example of each. (10 Marks)
2. What are the problems a company can face while not adopting VMI (Vendor manage inventory) strategies. Explain the benefits of VMI in avoiding bullwhip effect. (10 Marks)
3. Khari baoli is a well known whole-sale market in Delhi for entire Delhi retailers for spices. The entire market provides Trade-Credit (period of 3-4 months) with quantitative discounts to their retailers. Retailers are having small inventory carrying options but simultaneously don t want to lose the gain obtained by these push marketing strategies.
a. Explain the role of study of quantity discount analysis while purchasing. Illustrate the method under given conditions. (5 Marks)
b. How the trade credit and quantitative discount affects the economic order quantity of retailers. What are the factors that retailers must keep in mind while purchasing?
NMIMS SOLVED ASSIGNMENTS
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NMIMS SOLVED ASSIGNMENTS
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