Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Problem - 3: You and your team of purchasing agents are now very familiar with your company' Better Boat Bunks. Initially you created an RFQ

Problem - 3:

You and your team of purchasing agents are now very familiar with your company' Better Boat Bunks.

Initially you created an RFQ to gather information in order to purchase eight components from outside sources and to explain your criteria for qualifying your possible sources of supply. Next, based upon the President's concerns your team evaluated the "make or buy" considerations for the crank wheel, boat cradle and the aluminum frame components and prepared a list of important specifications that would be required if you outsourced these components to outside firms/suppliers.

Based upon your previous work in the two previous problem assignments and the details contained within each of them your purchasing team now has the following tasks to complete to buy the required components from outside suppliers:

Suppliers Information:

Suppliers for the galvanized bolts, nuts and washers:

1. K2 Fasteners

2. HASM North America

Suppliers for the pressure treated lumber:

1. Trent timber treating Ltd.

2. Princeton Wood Preservers Ltd.

Suppliers for the raw aluminum to produce both the lift frame and vertical support legs and crank wheel:

1. ASA Alloys & Magna Stainless

2. Metal Pros

Suppliers for the plastic (PVC) wheels:

1. Bestway Casters & Wheels Ltd.

2. Colson Group Canada

Suppliers for the marine grade carpet:

1. Prestige Dcor

2. JT's Outdoor Fabrics Inc.

Question:

1. Based upon the criteria you established for qualifying your possible sources of supply prepare a list of Key Performance Indicators (KPIs) to measure and evaluate your supplier after the purchase. NOTE: the KPI's should relate to the product/supplier in question but, they SHOULD NOT be generic in nature.

Note: All sources used in the report must be properly acknowledged, cited AND referenced using APA style format a bibliography.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Strategic Management

Authors: John Pearce , Richard Robinson

13th Edition

0078029295, 978-0078029295

More Books

Students also viewed these General Management questions

Question

I. (a) What are the nlain causes of the World food crisis?

Answered: 1 week ago