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College of Agribusiness Management
Final Examination –First semester 2020-21
14TH January , 2021
Procurement and Material Management –MAM-650
| Time -2.00 Hr. | Max Marks -40 | |
| Attempt All Questions. | ||
| Question :1 | Case Study |
Renuka Machines Manufacturing Corporation
Renuka Thomas, President of Renuka Machines Manufacturing Corporation (RMMC), is concerned about company’s choice of suppliers for cleaning brushes, which are used in the company’s data processing equipment. Renuka occasionally plays tennis with Sheela George, President of George Machine Company (GMC), one of the company’s suppliers of cleaning brushes.
Recently, Sheela complained to Renuka that her company has been having difficulty in getting the traditional share of Renuka’s business. On the last buy, Sheela’s company failed to get any business, even though Sheela believed she was the lowest bidder. Renuka tells Sheela that normally she does not get into the details procurement, but she promises to ask her Purchasing Manager, Dannis Chako to investigate.
The next day morning, Renuka calls Dannis Chako and tells him of Sheela’s complaint. He said (says), that he does not want influence the company’s procurement policies, but he does not feel that Renuka should investigate to make sure that Sheela’s firm was treated fairly.
Purchasing Manager, Dannis discovers that George Machine Company was indeed the lowest bidder on the last buying. Quotations for an order of 20,000 units were as under:
| George Machine Company | Rs 2.22 |
| Data Matics Electronics Company | Rs 2.23 |
| Royal Tools and Machine Company | Rs 2.25 |
Royal and Data Matics each got order for 10,000 pieces. Royal has done considerable development work on brushes, while George and Data Matics have done very little. The quality and delivery records of the three suppliers on the last ten orders for the brushes are shown below. Renuka Machines Manufacturing Quality Control Department has set an acceptable quality level of three per cent on the brush.
Questions for Case study : 10 Marks
- Is Dannis Chako justified in eliminating George Machine Company as a supplier of brushes?
- In what respect is the complaint from George Machine Company justified?
- Prepare a report for Renuka Thomas explaining the decision to eliminate George Machine company as a supplier. Use quantitative data as much as possible to support your answer.
Question 2. 10 Marks
It the responsibility for maintaining the quality of the product and incurring less cost on its production is the responsibility of the production/operation” and deciding the price of the product and finding the customers that will buy it comes under “marketing”, what does the ‘materials management function” do?
Question 3. 10 Marks
Describe the purpose, similarities, and differences among purchase requisitions, purchase order, and request for quotation.
Question 4. 10 Marks
- What are roles and responsibilities of top management of an organization in developing and implementing TQM concepts in an organization?
- What is benchmarking? Classify benchmarking based on the nature of firms against which benchmarking could be done.
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