Question: For this assignment you are expected to prepare a presentation based on information a buyer should have in order to make an informed purchase of
For this assignment you are expected to prepare a presentation based on
information a buyer should have in order to make an informed purchase of an
important commodity for a company.
Depending on what company or industry you work for, there will usually be one or two
very important commodities that have the ability to affect the company strategically. For
example, steel would be an important commodity for Ford Motor Company, sugar and
cocoa would be an important commodity for Hershey, cotton would be an important
commodity for The GAP, and copper would be an important commodity for Great Lakes
Copper Inc.
There is no formula or check list which can be followed in determining the information
which a buyer needs for sound purchasing as it depends on the commodity or material.
The challenging part of this assignment will be to conduct research, not only on the
internet, but in the library as well. You may be required to contact companies and
suppliers for information.
Make reference to your various sources of information in your power point presentation.
You will need to decide which information will be important to guide a purchasing agent
or buyer of this material. Here are some areas to consider:
1.
Give an overview of the company you have chosen.
2.
The intended use of the commodity and the various requirements to be met
by the item purchased.
3.
Identify the different forms of the product including the various characteristics,
the different grades, classifications, and properties which distinguish one
product from another. From the available products, one may be selected for
detailed investigation. (i.e.
a
full specification)
4.
What is the typical way the product is packages and sold? Can you purchase
it in 500 ml containers, or 250 kg drums etc.?
5.
Identify at least 3 suppliers (both domestic and international) from which the
product can be obtained.
6.
Graphical pricing trends over a period of time, which can be accessed on
websites such as
www.propurchaser.com
or Index Mundi or equivalent
websites.
7.
What types of things can affect the pricing or availability of the product (i.e. for
an agricultural product a shortage of rain)?
8.
Pick a manufacturing company and a commodity that the company would use
in their manufacturing processes.
Please your company and commodity
(first come/first served). Submit the attached sheet before Monday 15
th
February.
See requirements for the second submission date.
Possible local London companies to choose:
3M
Arcelormittal Tubular Products
Autoneum
Brose Canada Inc.
CAMI Automotive Inc.
Cargill
Delta Faucet Canada
DYNA-MIG Manufacturing of Stratford Inc.
Formet Industries
General Dynamics Land Systems Canada
Great Lake Copper Inc.
Labatt's Breweries
McCormick Canada Co.
Meridian Lightweight Technologies Inc.
Presstran Industries
Startech.com ltd.
Trojan Technologies
Vuteq Canada Inc.
Starbucks
Tim Hortons
You can choose a company that you are familiar with, or from another country (State
which country).
PowerPoint Presentation Tips
You are required to make PowerPoint slide show
complete with typed speaker
notes.
Within a formal oral presentation, you will typically rely on a software package such as
Microsoft's Power Point. This package greatly simplifies the process of generating and
showing professional quality. However, it is equally easy to create confusing, poor
presentations using these same packages. To ensure that your Power point
presentations are effective, the following checklist has been developed.
Remember Keep it Simple
Minimize using cluttered, busy templates (keep the focus on the points, not the
background)
Use light backgrounds with dark fonts.
Use animation sparingly.
Limit the amount of text per slide (a good rule of thumb is no more than 6 lines &
per line)
Make references to all sources for your information
Prepare the appropriate number of overheads given the time period (a good rule
of thumb is to allocate about two minutes per slide)
Check the overheads for any typos or grammatical errors.
Use the points on the overheads as starting positions for your discussion
Include pictures and just key points
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