Question
The basis for the Course Project is to conduct a global procurement exercise using the commodity that your study-group selected at the beginning of the
The basis for the Course Project is to conduct a global procurement exercise using the commodity that your study-group selected at the beginning of the semester. During the Course, your group developed a profile for your commodity, and for this Course Project you will source that commodity from a foreign supplier located outside North and Central America and calculate the total landed cost (unit cost in CDN $) to import that commodity to a location in Kitchener, Ontario Canada (you may use the College address as your Canadian location). This is a group project. Some tips for starting the process: Assign roles to your group members for the various components to be completed for the Course Project (for reference see the visual representation of this Course Project and the marking guideline below as Exhibits A and B respectively) Identify a real supplier of your product in a foreign country Use the profile information you have already developed in the Course to identify a typical order/shipment size for your commodity coming to Canada Using the information above, along with the supplier's terms of sale, negotiate an Incoterm and purchase price for your commodity (in the origin country currency) Use the Internet to identify logistics suppliers who will pick up your commodity from the foreign supplier, ship it to Canada, and deliver it to your business location in Kitchener (show the carriers, routes, ports, and hubs involved - describe the process in detail!) Use the Internet to find logistics suppliers' rates for the various stages of the journey so you can begin to calculate landed unit costs for your shipment (show rates and calculations) For this exercise you are responsible for negotiating the procurement component and all of the logistics services and Customs requirements State all assumptions made in arriving at a total landed cost for your commodity (show all rates, costs, and calculations; look for "reasonable" rates and costs) Our Supplier is Emirates Global Alluminium in UAE. Please answer all the questions in details with calculation
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