The Michelle Equipment Company is in the process of ranking its suppliers for one of its key

Question:

The Michelle Equipment Company is in the process of ranking its suppliers for one of its key components. To assist in the evaluation process, the information on the three suppliers is shown in the table below.

Score Gamecocks Performance Criteria Weight Toros 85 Buckeyes 90 85 Sun Devils Price 0.10 95 90 95 Payment terms Quality


Each performance category is scored on a scale from 0 (unsatisfactory) to 100 (excellent) and assigned a weight based on its relative importance. Suppliers are considered €œpreferred€ if they score between 90 and 100. Preferred suppliers are those that Michelle Equipment will work with on new product development, approve for new business, and assist in maintaining a competitive position. An €œacceptable€ supplier rating is between 70 and 89. In this category, the supplier is required to provide a plan to Michelle Equipment on how to achieve preferred status. A score of 0 to 69 means that the supplier has a €œdevelopmental€ supplier rating. How would you evaluate each of the suppliers? Which supplier would you pick?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Principles of Supply Chain Management A Balanced Approach

ISBN: 978-1337406499

5th edition

Authors: Joel D. Wisner, Keah Choon Tan, G. Keong Leong

Question Posted: