Introduction to Purchasing and Supply Chain Management

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1. Supply chain ‘risk’ management is becoming more important than ever before. Explain this statement and provide an example of a recent (less than 3 years) of a supply chain disruption and how did the organization manage to cope with it.

2. Information technology is an enabler of supply chain excellence. Describe it in detail. Also pick another enabler and describe how information technology and the enabler you picked are related to each other.

3. Some organizations involve purchasing after completion of new product development process and some keep purchasing involved throughout the development process. What are the pros and cons of the two approaches?
4. Discuss the type of documents that are included in a suite of e-procurement tools. In addition, what are the various challenges involved in implementing e-procurement tools.

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