Calculate the percent of spend for category


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 to 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.

Solution Preview :

Prepared by a verified Expert
Supply Chain Management: Calculate the percent of spend for category
Reference No:- TGS02079630

Now Priced at $30 (50% Discount)

Recommended (98%)

Rated (4.3/5)