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 2×2 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:
- 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 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.
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