Using Information to Support Sourcing Decisions
Jordyn33
The purchasing manager has provided the following information for your use:
Spend Category
Amount Thousands US$
Number of Suppliers
Production Machinery
170
2
Maintenance
20
10
Hardware
3
10
Sheet Metal
23
7
Electronic Components
288
5
- Assuming that the amounts shown represent the total annual spend (Amount/Total Amount) calculate the percent of spend for each category.
- Classify each spend category as either low or high complexity and summarize your reasoning.
- Create a 2x2 Risk/Value matrix showing each of the five spend categories placed in either “High” or “Low” Risk group.
- Explain why you placed each item in the selected category.
Submit your assignment as an MS Word document.
Your assignment
- Must be 600-900 words (excluding title page and references page) in length, double-spaced and formatted according to APA style as outlined in the Writing Center. Contextual (Level One) headings must be used to organize your paper and your thoughts. Must include a title page with the following:
- Title of paper
- Student’s name
- Course name and number
- Instructor’s name
- Date submitted
- Must address the topic of the paper with critical thought.
- Must utilize a minimum of one scholarly and/or peer-reviewed source from the University of Arizona Global Campus Library in addition to the textbook. Must document all sources in APA style, as outlined in the Writing Center.
- Must document all sources in APA style, as outlined in the Writing Center.
- Must include a separate reference page, formatted according to APA style as outlined in the Writing Center.
- 3 years ago
- 15
Answer(2)
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- SourcingDecision.docx
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- BESTANSWERSourcingDecision1.docx
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