Answered step by step
Verified Expert Solution
Question
1 Approved Answer
apple procurement score card Assignment: Create a Procurement Scorecard & Written Explanation using the template provided. Include 5 criteria with their relative weights (to total
apple procurement score card
Assignment: Create a Procurement Scorecard \& Written Explanation using the template provided. Include 5 criteria with their relative weights (to total 1.0). Each criteria should have 35 subcriteria that further define the requirements. Criteria and subcriteria should be unique and specific to the company/industry depending on its competitiveness. a. le a company focused on cost may wish to weight cost higher than other criteria b. le a company focused on quality may wish to "tradeoff" cost with higher quality and this is reflected in the weighting criteria Other factors to consider: - Depending on the company values and industry - you may wish to include "certifications/accreditations" ie Organic Certification in subcriteria. - Keep in mind the company values - ie LUSH cosmetics has ethical sourcing there must be some criteria/subcriteria in the scorecard that reflects this. Evaluation 1% - Creation of Procurement Scorecard using example template. 5 Criteria, 3-5 subcriteria, relative weights 2% - Written explanation - this written explanation should detail the WHY you have chosen the specific criteria, subcriteria, and relative weights. It should be specific, thorough, and well thought out. It should include a sustainability aspect and explanation as it relates to the company's goal of increasing efforts in this area. Are they focused on ethics, logistics, quality, waste reduction? There should be at minimum 5 complete sections of explanation ( 1 for each of the main criteria) which explain: the relative weighting, and the specific subcriteria. Written explanation should be 1 page in length. 1% - Include 1KPI per criteria that the Procurement department would like to measure to ensure that the supplier is on-track for evaluation purposes. E['sure that the KPI is specific and relevant to the criteria and the company goals/values. Assignment: Create a Procurement Scorecard \& Written Explanation using the template provided. Include 5 criteria with their relative weights (to total 1.0). Each criteria should have 35 subcriteria that further define the requirements. Criteria and subcriteria should be unique and specific to the company/industry depending on its competitiveness. a. le a company focused on cost may wish to weight cost higher than other criteria b. le a company focused on quality may wish to "tradeoff" cost with higher quality and this is reflected in the weighting criteria Other factors to consider: - Depending on the company values and industry - you may wish to include "certifications/accreditations" ie Organic Certification in subcriteria. - Keep in mind the company values - ie LUSH cosmetics has ethical sourcing there must be some criteria/subcriteria in the scorecard that reflects this. Evaluation 1% - Creation of Procurement Scorecard using example template. 5 Criteria, 3-5 subcriteria, relative weights 2% - Written explanation - this written explanation should detail the WHY you have chosen the specific criteria, subcriteria, and relative weights. It should be specific, thorough, and well thought out. It should include a sustainability aspect and explanation as it relates to the company's goal of increasing efforts in this area. Are they focused on ethics, logistics, quality, waste reduction? There should be at minimum 5 complete sections of explanation ( 1 for each of the main criteria) which explain: the relative weighting, and the specific subcriteria. Written explanation should be 1 page in length. 1% - Include 1KPI per criteria that the Procurement department would like to measure to ensure that the supplier is on-track for evaluation purposes. E['sure that the KPI is specific and relevant to the criteria and the company goals/valuesStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started