Using Information to Support Sourcing Decisions
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Using Information to Support Sourcing Decisions The purchasing manager has provided the following information for your use:Spend Category - Production MachineryAmount Thousands US$ - 170Number of Suppl
Using Information to Support Sourcing Decisions
The purchasing manager has provided (5 spend catergories) the following information for your use:
Spend Category - Production Machinery
Amount Thousands US$ - 170
Number of Suppliers – 2
Spend Category – Maintenance
Amount Thousands US$ - 20
Number of Suppliers – 10
Spend Category – Hardware
Amount Thousands US$ - 3
Number of Suppliers – 10
Spend Category – Sheet Metal
Amount Thousands US$ - 23
Number of Suppliers – 7
Spend Category – Electronic Components
Amount Thousands US$ - 288
Number of Suppliers - 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 Ashford Writing Center. Contextual (Level One) headings must be used to organize your paper and your thoughts. Must include a title page with the following:
o Title of paper
o Student’s name
o Course name and number
o Instructor’s name
o Date submitted
· Must address the topic of the paper with critical thought.
· Must utilize a minimum of one scholarly and/or peer-reviewed source. Must document all sources in APA style.
Must include a separate reference page, formatted according to APA style.
[Solved] Using Information to Support Sourcing Decisions
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- Submitted On 11 Dec, 2017 11:24:13
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