Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The content of the Sourcing Report should be divided into the sections corresponding to the Report Components shown below. Title Page Executive Summary Note: Approximately
The content of the Sourcing Report should be divided into the sections corresponding to the Report Components shown below.
- Title Page
- Executive Summary
Note: Approximately 1.5 to 2 pages (not including the title page) single-spaced, 12-point font
- You will use a real or hypothetical company that will need the use the hydraulic cylinder in its product.
- You will need to be creative and fill in the blanks. It is okay to pretend and make up the company names, quotations, scorecards, and whatever else you will need to make the recommendation to the company.
- Student is to realize that the bottom line is what the executive team is looking for. Their expectation from you is that you did your due diligence.
- It is important to include all of the pertinent information in the executive summary (quality needed, price, etc). Remember, you are asking for $195K of company $ for this spend.
In the summary, you will explain the:
- STRATEGIC FIT - Quality-Cost and Delivery
- How this decision helps us achieve current CORPORATE OBJECTIVES
- Allows us to meet BUDGET and MARGIN requirement
- Any Critical Data
- Note now of any known issues that can impact the company in the future.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started