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SCM-402 Purchasing and Material Management
SCM-402 Purchasing and Material Management
ASSIGNMENT
NOTE:
1. Last date for submission of assignments is 26-12-2022. Assignments received after 26-12-2022
2. Assignments should be in the own handwriting of the student concerned and not type-written
or printed or photocopied.
Maximum marks: 20
Q1. a. What is the importance of the materials management? Describe the duties and
responsibilities of the materials manager?
b. Discuss the importance of receiving and incoming quality inspection. What are the
ways of doing inspection? Enumerate advantages and disadvantages of each
method.
c. Differentiate between
i) Standardized and Non-Standardized processes
ii) Cost Control and Cost Reduction
Q2. a. Discuss the approach to be adopted in “Make or Buy” decision? Explain various risks
involved in ‘Make or Buy’ decisions.
b. What are the different types of inventory analysis methods? Explain the concepts
of EOQ.