Students are to complete Module 2, Managing Suppliers (Scenario) in Practice Operations. Based on their observations in this scenario, and upon a careful review of the available literature, the student is to consider him or herself to be the Receiving Department Manager of Kibby and Strand, the company in the scenario.MAKE a vendor comparison matrix to be used by the Receiving Department for evaluating suppliers of raw materials.The criteria for comparing vendors needs to be research based and specific to Kibby and Strand, the company in the simulation scenario.Include a memo to the COO describing the matrix and how you recommend it be implemented.