Question: For Course Project Part 1 , you will Complete the follow sections of your Sourcing Report. Your Course Project 1 for Week 5 should be

For Course Project Part 1, you will
Complete the follow sections of your Sourcing Report.
Your Course Project 1 for Week 5 should be four (4) to six (6) pages, not including title and reference page and include the sections below.
Should follow APA formatting.
Summary
The content of the Sourcing Report should be divided into the sections corresponding to the Report Components shown below.
Title Page
Executive Summary
Note: Not to exceed 1 page single-spaced, 12-point font
Student is to realize that the bottom line is what the executive team is looking for. Their expectation from you is that you did your due diligence.
In the summary, you will explain the:
STRATEGIC FIT - Quality-Cost and Delivery
How this decision helps us achieve current CORPORATE OBJECTIVES
Allows us to meet BUDGET and MARGIN requirements
Any Critical Data and a Final Recommendation
Note now of any known issues that can impact the company in the future.
Milestone and Timeline of Activities
Internal
External
Sources of Supply
Outline an interview of prospective suppliers, including activities that will lead to a good decision.
Check References
Understand testimonials.
Visit plants and distribution centers to access their true capabilities.
Review their Quality Standards.
Access Management Skills and Experience.
Review Basic Financials.
Review Quality Programs.
Review their Operations and Technology.
Supplier Evaluation Criteria and Scoring Matrix (Develop this as a table.)
Capability- Machinery, Labor, Knowledge
Financial Standing- Capacity and Hours of Operation
Location of Transportation and Labor to Facility
Testing Capabilities
Storage - Warehouse

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