Question text
Consider the following scenario of a generic South African maize meal supply chain. The
following entities are involved in the maize meal supply chain:
• Bargain Packaging packages the maize meal.
• The corn for the maize meal is grown by ABC farms
• The maize meal is produced by a local company called
MaizeMaster Mills.
• Lucky purchases the maize meal to prepare a meal for his
family
• The maize meal is sold at Zama's Corner, a spaza shop
located in a township
• The maize meal is sold in bulk by Makro and Checkers
Which one of the following options represents the product flow in the supply chain for
maize meal at Makro and Checkers?
Question text
In South Africa, the difference between procurement and purchasing usually lies in the
following:
a.
Procurement is the purchasing function of government entities.
b.
, Procurement is the strategic focus of purchasing.
c.
Procurement entails buying only from government suppliers, whereas purchasing is
mainly made from small businesses.
d.
Procurement entails the distribution of the requirements bought by the purchasing
function.
Question 3
Correct
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Question text
Logistics management is often confused with supply chain management since
practitioners seem not to know that logistics management _________
a.
is the more strategic version of supply chain management.
b.
refers to managing the movement and storage of goods as part of supply chain
management.
c.
involves the sourcing and management of suppliers as critical role players in the supply
chain.
d.
is a broader concept, which includes supplier management, purchasing management
and supply chain management.
Question 4
Correct
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Question text
Purchasing and supply management seems to maintain a broader perspective than
supply chain management.
True
False
Question 5
Incorrect
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Question text
In unravelling confusing terminology related to purchasing and supply management,
students must remember that modern purchasing and supply management includes
both functional and strategic aspects.
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