Reference no: EM131644919
Assignment
Using Information to Support Sourcing Decisions
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 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 from the Ashford Library in addition to the textbook. Must document all sources in APA style, as outlined in the Ashford Writing Center.
• Must document all sources in APA style, as outlined in the Ashford Writing Center.
Must include a separate reference page, formatted according to APA style as outlined in the Ashford Writing Center.