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Procurement Management
Jun 2025 Examination
Q1. BuildLink Solutions is a
medium-sized construction procurement firm specializing in sourcing raw
materials, equipment, and services for infrastructure and real estate projects.
The company recognizes the potential benefits of adopting e-procurement
strategies to enhance efficiency, reduce costs, and streamline supplier
collaboration. However, it faces challenges in understanding the evolution of
e-procurement, establishing effective pricing models, integrating digital
catalogs, and leveraging online bidding platforms. Describe the evolution of
e-procurement, including its various stages and technological advancements.
Also, explain how understanding this evolution can help BuildLink Solutions
develop a robust e-procurement strategy to optimize operations, enhance
transparency, and improve supplier relationships. (10 Marks)
Q2. GreenPower Inc. is a renewable
energy company specializing in large-scale solar power projects, frequently
partnering with government agencies to develop sustainable energy
infrastructure. The company faces challenges in devising effective pricing
strategies, managing government influences on pricing, and mitigating risks
related to contract cancellations due to unforeseen circumstances. Recommend
strategies for GreenPower Inc. to manage and negotiate government impacts on
pricing while fostering a fair and collaborative relationship. Additionally
propose a comprehensive contingency plan along with specific contractual
clauses that GreenPower Inc. should include in its agreements to minimize risks
associated with contract cancellations and unexpected project disruptions. (10
Marks)
Q3 (A). FashionForward Inc. is a
multinational fashion brand that sources fabrics, accessories, and production
services from diverse international markets for its manufacturing operations.
The company is committed to maintaining high ethical standards and complying
with global legal regulations in its procurement processes. However, the
purchasing department faces complex challenges regarding the legal authority
and responsibilities of purchasing managers, along with navigating
international buying ethics and contract law. Explain the legal authority and
responsibilities of a purchasing manager and discuss the importance of ethical
considerations in global sourcing decisions for FashionForward Inc. (5 Marks)
Q3 (B). Describe different methods
of global sourcing that FashionForward Inc. can adopt to procure materials and services
from international suppliers, and outline the factors they should consider when
evaluating potential global suppliers.
(5 Marks)
Dear Students,
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