(a) ‘supply chain’ ‘demand chain ‘chain’. 6 marks
(b) Explain the following terms:
(i) Explain the term supply chain Management 5 marks
Explain the why it has been argued that the term should be replaced with ‘, and equally the word should be replaced with ‘network’ Supply chain visibility 4 marks
(ii)Bullwhip effect 5 marks
(a) Explain the term purchasing 6 marks
(b) Explain two ways in which effective sourcing/purchasing can contribute to the overall profitability and prosperity of an organization 14 marks
(a) What is meant by reverse Logistics? 5 marks
(b) It is argued that reverse logistics should be regarded as equally important as the forward logistics by organizations if they really want to be competitive. As a logistics officer in a manufacturing company, outline four reasons why there is the need to include reverse logistics in the supply chain design. 15 marks
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