Question
Software skills: Spreadsheet date functions, data filtering, DAVERAGE function Business skills: Analyzing supplier performance and pricing 2- 11 You will filter transactional data on suppliers
Software skills: Spreadsheet date functions, data filtering, DAVERAGE function
Business skills: Analyzing supplier performance and pricing 2- 11
You will filter transactional data on suppliers based on several different criteria to select the best suppliers for your company. You run a company that manufactures aircraft components. You have many competitors who are trying to offer lower prices and better service to customers, and you are trying to determine whether you can benefit from better supply chain management.
Prepare a recommendation of how you can use the data in this spreadsheet database to improve your decisions about selecting suppliers. Some criteria to consider for identifying preferred suppliers include the suppliers track record for on- time deliveries, suppliers offering the best accounts payable terms, and suppliers offering lower pricing when the same item can be provided by multiple suppliers. Use your spreadsheet software to prepare reports to support your recommendations.
This exercise requires some student knowledge of spreadsheet database functions. At a minimum, students should know how to sort the database by various criteria such as item description, item cost, vendor number, vendor, name, or A/P terms. Students may need to be told that A/P Terms is expressed as the number of days that the customer has to pay the vendor for a purchase. In other words, 30 designates net 30 days. The vendor that allows customers the longest amount of time to pay for an order would, of course, offer the most favorable payment terms.
Students will need to add additional columns for calculating the delivery time for each order. The delivery time can be calculated by subtracting the Order Date from the Arrival Date. Vendors with the shortest delivery times are obviously desirable.
Students can use the DAVERAGE or the SUMIF and COUNTIF functions to determine the average delivery time for each vendor. Students can also use one of the database functions to determine the vendor with the best accounts payable terms. To determine the vendor with the lowest prices for the same item when it is supplied by multiple vendors, students can filter the database using the item description. This filtered list can then be sorted by item cost and vendor number.
Orders and Suppliers | ||||||||||
Vendor Name | Vendor No. | Order No. | Item No. | Item Description | Item Cost | Quantity | Cost per order | A/P Terms | Order Date | Arrival Date |
Spacetime Technologies | 2 | A0111 | 6489 | O-Ring | $3.00 | 900 | $2,700.00 | 25 | 10/10/13 | 10/18/13 |
Steelpin Inc. | 6 | A0125 | 5319 | Shielded Cable/ft. | $1.10 | 17,500 | $19,250.00 | 30 | 08/20/13 | 08/31/13 |
Steelpin Inc. | 6 | A0123 | 4312 | Bolt-nut package | $3.75 | 4,250 | $15,937.50 | 30 | 08/25/13 | 09/01/13 |
Steelpin Inc. | 6 | A0204 | 5319 | Shielded Cable/ft. | $1.10 | 16,500 | $18,150.00 | 30 | 09/15/13 | 10/05/13 |
Steelpin Inc. | 6 | A0205 | 5677 | Side Panel | $195.00 | 120 | $23,400.00 | 30 | 12/02/13 | 12/13/13 |
Steelpin Inc. | 6 | A0207 | 4312 | Bolt-nut package | $3.75 | 4,200 | $15,750.00 | 30 | 09/01/13 | 09/10/13 |
Alum Sheeting | 5 | A0223 | 4224 | Bolt-nut package | $3.95 | 4,500 | $17,775.00 | 30 | 10/15/13 | 10/20/13 |
Alum Sheeting | 5 | A0433 | 5417 | Control Panel | $255.00 | 500 | $127,500.00 | 30 | 10/20/13 | 10/27/13 |
Alum Sheeting | 5 | A0443 | 1243 | Airframe fasteners | $4.25 | 10,000 | $42,500.00 | 30 | 08/08/13 | 08/14/13 |
Alum Sheeting | 5 | A0446 | 5417 | Control Panel | $255.00 | 406 | $103,530.00 | 30 | 09/01/13 | 09/10/13 |
Spacetime Technologies | 2 | A0533 | 9752 | Gasket | $4.05 | 1,500 | $6,075.00 | 25 | 09/20/13 | 09/25/13 |
Spacetime Technologies | 2 | A0555 | 6489 | O-Ring | $3.00 | 1,100 | $3,300.00 | 25 | 10/05/13 | 10/10/13 |
Spacetime Technologies | 2 | A0622 | 9752 | Gasket | $4.05 | 1,550 | $6,277.50 | 25 | 09/25/13 | 10/08/13 |
Spacetime Technologies | 2 | A0666 | 5125 | Shielded Cable/ft. | $1.15 | 15,000 | $17,250.00 | 25 | 10/01/13 | 10/15/13 |
Spacetime Technologies | 2 | A0777 | 6489 | O-Ring | $3.00 | 1,050 | $3,150.00 | 25 | 10/29/13 | 12/10/13 |
Spacetime Technologies | 2 | A1222 | 4111 | Bolt-nut package | $3.55 | 4,200 | $14,910.00 | 25 | 07/15/13 | 10/15/13 |
Durrable Products | 3 | A1234 | 9399 | Gasket | $3.65 | 1,250 | $4,562.50 | 45 | 10/01/13 | 10/06/13 |
Durrable Products | 3 | A1235 | 9399 | Gasket | $3.65 | 1,450 | $5,292.50 | 45 | 10/03/13 | 10/08/13 |
Durrable Products | 3 | A1344 | 5454 | Control Panel | $220.00 | 550 | $121,000.00 | 45 | 10/09/13 | 10/14/13 |
Durrable Products | 3 | A1345 | 9399 | Gasket | $3.65 | 1,470 | $5,365.50 | 45 | 10/07/13 | 10/15/13 |
Durrable Products | 3 | A1346 | 9399 | Gasket | $3.65 | 1,985 | $7,245.25 | 45 | 10/05/13 | 11/11/13 |
Spacetime Technologies | 2 | A1444 | 4111 | Bolt-nut package | $3.55 | 4,250 | $15,087.50 | 25 | 09/20/13 | 10/10/13 |
Spacetime Technologies | 2 | A1445 | 4111 | Bolt-nut package | $3.55 | 4,200 | $14,910.00 | 25 | 06/25/13 | 10/25/13 |
Spacetime Technologies | 2 | A1449 | 4111 | Bolt-nut package | $3.55 | 4,600 | $16,330.00 | 25 | 10/05/13 | 10/19/13 |
Durrable Products | 3 | A1456 | 5454 | Control Panel | $220.00 | 500 | $110,000.00 | 45 | 10/15/13 | 10/20/13 |
Durrable Products | 3 | A1457 | 4569 | Bolt-nut package | $3.50 | 3,900 | $13,650.00 | 45 | 10/05/13 | 10/10/13 |
Durrable Products | 3 | A1567 | 1369 | Airframe fasteners | $4.20 | 15,000 | $63,000.00 | 45 | 09/25/13 | 10/30/13 |
Manley Valve | 7 | A2345 | 6431 | O-Ring | $2.85 | 1,250 | $3,562.50 | 30 | 10/05/13 | 10/10/13 |
Manley Valve | 7 | A2356 | 7258 | Pressure Gauge | $100.50 | 95 | $9,547.50 | 30 | 10/20/13 | 10/29/13 |
Manley Valve | 7 | A2367 | 9977 | Panel Decal | $1.00 | 525 | $525.00 | 30 | 12/01/13 | 12/07/13 |
Manley Valve | 7 | A2378 | 6431 | O-Ring | $2.85 | 1,350 | $3,847.50 | 30 | 10/01/13 | 10/07/13 |
Spacetime Technologies | 2 | A3467 | 4111 | Bolt-nut package | $3.55 | 4,800 | $17,040.00 | 25 | 09/05/13 | 09/20/13 |
Spacetime Technologies | 2 | A5689 | 4111 | Bolt-nut package | $3.55 | 4,585 | $16,276.75 | 25 | 09/10/13 | 09/30/13 |
Manley Valve | 7 | A9821 | 6431 | O-Ring | $2.85 | 1,300 | $3,705.00 | 30 | 09/25/13 | 10/01/13 |
Manley Valve | 7 | A9842 | 7258 | Pressure Gauge | $100.50 | 100 | $10,050.00 | 30 | 10/15/13 | 10/24/13 |
Manley Valve | 7 | A9865 | 9967 | Hatch Decal | $0.85 | 550 | $467.50 | 30 | 12/05/13 | 12/12/13 |
Manley Valve | 7 | A9876 | 9955 | Door Decal | $0.55 | 150 | $82.50 | 30 | 12/01/13 | 12/06/13 |
Pylon Accessories | 8 | A9999 | 6433 | O-Ring | $2.95 | 1,500 | $4,425.00 | 15 | 10/01/13 | 10/10/13 |
Alum Sheeting | 5 | B0247 | 1243 | Airframe fasteners | $4.25 | 9,000 | $38,250.00 | 30 | 09/05/13 | 09/13/13 |
Steelpin Inc. | 6 | B0445 | 4312 | Bolt-nut package | $3.75 | 4,150 | $15,562.50 | 30 | 09/03/13 | 09/13/13 |
Alum Sheeting | 5 | B0447 | 5634 | Side Panel | $185.00 | 150 | $27,750.00 | 30 | 10/25/13 | 12/03/13 |
Alum Sheeting | 5 | B0479 | 5634 | Side Panel | $185.00 | 140 | $25,900.00 | 30 | 10/29/13 | 12/04/13 |
Alum Sheeting | 5 | B0567 | 1243 | Airframe fasteners | $4.25 | 10,500 | $44,625.00 | 30 | 10/10/13 | 10/17/13 |
Pylon Accessories | 8 | B1111 | 9764 | Gasket | $3.75 | 1,980 | $7,425.00 | 15 | 09/20/13 | 09/29/13 |
Durrable Products | 3 | B1234 | 7258 | Pressure Gauge | $90.00 | 100 | $9,000.00 | 45 | 08/25/13 | 08/28/13 |
Durrable Products | 3 | B1345 | 7258 | Pressure Gauge | $90.00 | 120 | $10,800.00 | 45 | 09/05/13 | 09/09/13 |
Durrable Products | 3 | B1468 | 1369 | Airframe fasteners | $4.20 | 14,000 | $58,800.00 | 45 | 09/27/13 | 10/03/13 |
Durrable Products | 3 | B1589 | 5275 | Shielded Cable/ft. | $1.00 | 25,000 | $25,000.00 | 45 | 10/25/13 | 10/30/13 |
Durrable Products | 3 | B1666 | 1369 | Airframe fasteners | $4.20 | 10,000 | $42,000.00 | 45 | 09/29/13 | 10/04/13 |
Fast-Tie Aerospace | 4 | B2333 | 6321 | O-Ring | $2.45 | 1,300 | $3,185.00 | 30 | 08/25/13 | 09/04/13 |
Fast-Tie Aerospace | 4 | B2345 | 6321 | O-Ring | $2.45 | 1,200 | $2,940.00 | 30 | 09/13/13 | 09/23/13 |
Fast-Tie Aerospace | 4 | B2356 | 6321 | O-Ring | $2.45 | 2,500 | $6,125.00 | 30 | 09/25/13 | 10/04/13 |
Fast-Tie Aerospace | 4 | B2367 | 6321 | O-Ring | $2.45 | 1,250 | $3,062.50 | 30 | 10/13/13 | 10/21/13 |
Fast-Tie Aerospace | 4 | B2378 | 6321 | O-Ring | $2.45 | 1,500 | $3,675.00 | 30 | 10/25/13 | 12/02/13 |
Fast-Tie Aerospace | 4 | B2498 | 5689 | Side Panel | $175.00 | 150 | $26,250.00 | 30 | 12/01/13 | 12/09/13 |
Fast-Tie Aerospace | 4 | B2499 | 7268 | Pressure Gauge | $95.00 | 110 | $10,450.00 | 30 | 12/01/13 | 12/12/13 |
Fast-Tie Aerospace | 4 | B2511 | 7268 | Pressure Gauge | $95.00 | 105 | $9,975.00 | 30 | 12/05/13 | 12/16/13 |
Fast-Tie Aerospace | 4 | B2519 | 5462 | Shielded Cable/ft. | $1.05 | 22,500 | $23,625.00 | 30 | 08/20/13 | 08/26/13 |
Fast-Tie Aerospace | 4 | B2528 | 5689 | Side Panel | $175.00 | 175 | $30,625.00 | 30 | 12/05/13 | 12/15/13 |
Fast-Tie Aerospace | 4 | B2537 | 5462 | Shielded Cable/ft. | $1.05 | 21,500 | $22,575.00 | 30 | 08/15/13 | 08/22/13 |
Fast-Tie Aerospace | 4 | B2566 | 5462 | Shielded Cable/ft. | $1.05 | 23,000 | $24,150.00 | 30 | 08/10/13 | 08/15/13 |
Steelpin Inc. | 6 | B3022 | 5677 | Side Panel | $195.00 | 110 | $21,450.00 | 30 | 12/05/13 | 12/17/13 |
Steelpin Inc. | 6 | B3041 | 5234 | Electrical Connector | $1.65 | 4,500 | $7,425.00 | 30 | 08/28/13 | 09/05/13 |
Steelpin Inc. | 6 | B3042 | 5234 | Electrical Connector | $1.65 | 4,750 | $7,837.50 | 30 | 09/05/13 | 09/13/13 |
Steelpin Inc. | 6 | B3111 | 5234 | Electrical Connector | $1.65 | 4,850 | $8,002.50 | 30 | 09/02/13 | 09/13/13 |
Steelpin Inc. | 6 | B3222 | 8008 | Machined Valve | $645.00 | 150 | $96,750.00 | 30 | 10/15/13 | 10/26/13 |
Steelpin Inc. | 6 | B3333 | 8008 | Machined Valve | $645.00 | 100 | $64,500.00 | 30 | 10/10/13 | 10/21/13 |
Fast-Tie Aerospace | 4 | C0234 | 5166 | Electrical Connector | $1.25 | 5,650 | $7,062.50 | 30 | 10/01/13 | 10/06/13 |
Fast-Tie Aerospace | 4 | C0423 | 5689 | Side Panel | $175.00 | 155 | $27,125.00 | 30 | 10/25/13 | 03/14/14 |
Fast-Tie Aerospace | 4 | C0433 | 5462 | Shielded Cable/ft. | $1.05 | 22,500 | $23,625.00 | 30 | 08/25/13 | 09/02/13 |
Steelpin Inc. | 6 | C0456 | 5677 | Side Panel | $195.00 | 130 | $25,350.00 | 30 | 10/28/13 | 03/07/14 |
Steelpin Inc. | 6 | C0467 | 8008 | Machined Valve | $645.00 | 120 | $77,400.00 | 30 | 10/28/13 | 12/04/13 |
Steelpin Inc. | 6 | C0589 | 5319 | Shielded Cable/ft. | $1.10 | 18,100 | $19,910.00 | 30 | 08/25/13 | 09/05/13 |
Manley Valve | 7 | C1111 | 9955 | Door Decal | $0.55 | 125 | $68.75 | 30 | 12/05/13 | 12/10/13 |
Hulkey Fasteners | 1 | C1212 | 1122 | Airframe fasteners | $4.25 | 19,500 | $82,875.00 | 30 | 08/05/13 | 08/13/13 |
Hulkey Fasteners | 1 | C1313 | 3166 | Electrical Connector | $1.25 | 5,600 | $7,000.00 | 30 | 08/25/13 | 08/29/13 |
Pylon Accessories | 8 | C2211 | 9764 | Gasket | $3.75 | 1,850 | $6,937.50 | 15 | 09/25/13 | 10/05/13 |
Manley Valve | 7 | C2222 | 7258 | Pressure Gauge | $100.50 | 90 | $9,045.00 | 30 | 10/10/13 | 10/17/13 |
Hulkey Fasteners | 1 | C2323 | 1122 | Airframe fasteners | $4.25 | 15,500 | $65,875.00 | 30 | 09/04/13 | 09/13/13 |
Hulkey Fasteners | 1 | C2929 | 3166 | Electrical Connector | $1.25 | 5,500 | $6,875.00 | 30 | 09/01/13 | 09/06/13 |
Hulkey Fasteners | 1 | C3232 | 1122 | Airframe fasteners | $4.25 | 18,000 | $76,500.00 | 30 | 10/01/13 | 10/08/13 |
Manley Valve | 7 | C3333 | 8148 | Machined Valve | $655.50 | 125 | $81,937.50 | 30 | 10/10/13 | 10/17/13 |
Hulkey Fasteners | 1 | C3434 | 1122 | Airframe fasteners | $4.25 | 12,500 | $53,125.00 | 30 | 09/05/13 | 09/13/13 |
Hulkey Fasteners | 1 | C4545 | 1122 | Airframe fasteners | $4.25 | 15,000 | $63,750.00 | 30 | 09/08/13 | 09/15/13 |
Hulkey Fasteners | 1 | C5656 | 1122 | Airframe fasteners | $4.25 | 14,500 | $61,625.00 | 30 | 09/28/13 | 10/03/13 |
Hulkey Fasteners | 1 | C6765 | 5066 | Shielded Cable/ft. | $0.95 | 25,000 | $23,750.00 | 30 | 09/05/13 | 09/13/13 |
Hulkey Fasteners | 1 | C7875 | 3166 | Electrical Connector | $1.25 | 5,650 | $7,062.50 | 30 | 09/05/13 | 09/10/13 |
Hulkey Fasteners | 1 | C8854 | 3166 | Electrical Connector | $1.25 | 5,425 | $6,781.25 | 30 | 09/10/13 | 09/15/13 |
Hulkey Fasteners | 1 | C8989 | 9966 | Hatch Decal | $0.75 | 500 | $375.00 | 30 | 08/25/13 | 08/31/13 |
Pylon Accessories | 8 | D1111 | 9764 | Gasket | $3.75 | 1,800 | $6,750.00 | 15 | 09/28/13 | 10/05/13 |
Hulkey Fasteners | 1 | D1212 | 5066 | Shielded Cable/ft. | $0.95 | 17,500 | $16,625.00 | 30 | 09/15/13 | 09/22/13 |
Hulkey Fasteners | 1 | D2121 | 1122 | Airframe fasteners | $4.25 | 17,500 | $74,375.00 | 30 | 10/25/13 | 12/03/13 |
Hulkey Fasteners | 1 | D3232 | 1122 | Airframe fasteners | $4.25 | 17,000 | $72,250.00 | 30 | 10/13/13 | 10/19/13 |
Pylon Accessories | 8 | D3333 | 9764 | Gasket | $3.75 | 1,750 | $6,562.50 | 15 | 09/20/13 | 09/25/13 |
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