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Students are to choose a (PRODUCT based) company of their choice involved in sustainable procurement. The company must have their company values and goals publicly

Students are to choose a (PRODUCT based) company of their choice involved in sustainable procurement. The company must have their company values and goals publicly posted (usually on their website). Requirement of the company is that at minimum, one of their company values must be related to sustainable procurement. Starbucks, IKEA and patagonia is not permitted.

You are to imagine being on the Strategic Sourcing/Procurement team wishing to enhance and grow their portfolio of suppliers.

To help with this, you are expected to prepare a Supplier Scorecard that is in line with their Company Values and Goals. The Supplier Scorecard will be used to select a new supplier to add to their current portfolio.

Assignment:

1. Name of company
2. Brief explanation of the industry/product and the company itself
3. List Company Values and strategic goals
4. Student analysis of the companys procurement process and sustainability. You may wish to research more on their procurement and sourcing process. What are they doing/not doing? Do their actions match up with their values and goals? How does this relate to competitors/industry standards? Relate to the concepts of sustainable procurement (ethics, green). Ie Starbucks and fairtrade (but not genuinely). Ensure its precise and critical (half a page critical evaluation). Sections 1-4 = 2%
5. 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 3-5 subcriteria that further define the requirements. Criteria and subcriteria should be unique and specific to the company/industry depending on its competitiveness.
a. Ie a company focused on cost may wish to weight cost higher than other criteria
b. Ie 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.
- Ensure your scorecard is balanced and must reflect the requirements of the company as a whole

Evaluation of Scorecard

1% - Creation of Procurement Scorecard using example template. 5 Criteria, 3-5 subcriteria, balanced, relative weights. You are not rating suppliers yet, you are just creating a template based on expectations you require out of your supplier.

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. Are they focused on ethics, logistics, quality, waste reduction? Written explanation should be 1 page in length and encompass the overall expectations you have on the new supplier. The reader should understand fully why you chose specific criteria and why they are weighted the way they are.

Example for Written Explanation:

The order of the criteria go from __ to __ because of: _____

This criteria of ___ was weighted __ because of the following reasons (x, y, and z). It is the highest weighted criteria because__. This means that the company values this more and is willing to tradeoff ___ and __. The subcriteria include _____. These subcriteria were chosen because___.

write in 2000 words

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