As part of a group project, you and your team will play the role of a global
Question:
As part of a group project, you and your team will play the role of a global procurement buying team tasked with assisting an operations team in securing suppliers and managing the transportation of goods for a client. This will require you to apply critical thinking, collaboration, problem-solving, and research skills. You will analyze various companies, select a buyer and seller, identify suppliers, describe the flow of goods, and provide rationale and evidence to support your choices.
Steps:
Introduction:
- Highlight the significance of critical thinking, collaboration, problem-solving, and research skills in global procurement services.
- Discuss the challenges faced by procurement professionals in crafting solutions that meet timelines and budgets.
Buyer and Seller Companies:
- Select a Canadian company from the provided list as the "Buyer" company.
- Provide the name, location (country and city), and a brief overview of the "Buyer" company.
- Justify why this company is the right choice to fulfill the needs of the selected product.
- Choose a company from the provided list as the "Seller" company.
- Provide the name, location (country and city), and a brief overview of the "Seller" company.
- Explain why this company is the correct choice for supplying the chosen product.
Suppliers:
- Identify and name the suppliers responsible for shipping the product from the "Seller" to the "Buyer."
- Provide a brief overview of each supplier.
- Explain how each supplier is the best choice for their specific transportation responsibilities.
Flow of Goods:
- Describe the entire journey of the goods from the "Seller" company's origin to the "Buyer" company's destination.
- Include details such as the port of exit, port of arrival, and any intermediate stops or transportation methods used.
Rationale and Evidence:
- Support your choices and decisions with solid rationale and evidence.
- Ensure that your paper is well-organized, readable, and all decisions are backed by factual evidence.
Currency Conversion and Freight Charges:
- Convert the cost of goods and services into US dollars using a reliable source such as oanda.com.
- Cite the source and include the date and time of the foreign exchange rates used.
- Specify that the client will prepay the freight charges, including duties and taxes.
List of Requirements:
- Name and provide a brief overview of the "Buyer" company
- Location/destination of the "Buyer" company
- Explanation of why the "Buyer" company is the right choice
- Name and provide a brief overview of the "Seller" company
- Location/origin of the "Seller" company
- Explanation of why the "Seller" company is the right choice
- Name and provide a brief overview of all suppliers involved
- Explanation of why each supplier is the best choice for their transportation responsibilities
- Full description of the flow of goods from origin to destination
- Rationale and evidence supporting all choices
Scenario List:
Korea - washing machines
The buyer is Canadian Tire Corporation
The Seller: Samsung Electronics
To do list-
- Custom broker
- Quality Check
- Customs regulations at the Korea Border
- Customs compliances at Canadian Border
- Distribution of washing machines from the Canadian Port to the stores
- Storage conditions
Transportation A Global Supply Chain Perspective
ISBN: 9781337406642
9th Edition
Authors: Robert A. Novack, Brian Gibson, Yoshinori Suzuki, John J. Coyle