Question 1 (10 marks)
Discuss the pros and cons of a decentralised procurement function. Provide original examples to illustrate your
answer.
Question 2 (10 marks)
What are the four integration strategies. Describe the advantages and disadvantages. Provide original
examples to illustrate your answer.
Question 3 (10 marks)
Why is it essential for a contract manager to understand the content of a contract. Provide an example of what
can go wrong when managing outsourcing contracts and what options may be available.
Question 4 (10 marks)
Can you explain the role of procurement in managing inventory in a business? Can you differentiate between
this role in a fashion retailer, engineering inventory in an international airline and an automotive manufacturer.

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