Question: Objective Recommend a strategic supplier for LOOKS Cosmetics while keeping in mind form, fit, and function of the product and needs of the consumer. The
Objective Recommend a strategic supplier for LOOKS Cosmetics while keeping in mind form, fit, and function of the product and needs of the consumer. The worksheet called RFI shows a compilation of the responses by supplier to the survey that was sent out in the RFI process. Five suppliers responded to the RFI and can provide the cushion. Now, you are tasked with scoring the suppliers based on their responses to the RFI using the scorecard provided in the worksheet called Scorecard. The Scorecard template was created by the Marketing team and others showing weighted criteria based on business needs. The purpose of the RFI Scorecard is to measure and track expected supplier performance on various criteria important to your organization. It is critical to choose a supply source that can support this major product launch in a timely fashion delivering a reliable, quality product and one that is good for the environment. MAKE-UP CUSHION FOR APPLICATION FINISHED PRODUCT



8 \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|} \hline \multirow{2}{*}{CriteriaSupplier} & \multicolumn{2}{|c|}{ Quality } & \multicolumn{3}{|c|}{ Services } & \multicolumn{2}{|c|}{ Competitiveness } & \multirow{2}{*}{Innovation%ofExpenditureinvestedinResearchandDevelopment} & \multicolumn{2}{|l|}{ Sustainability } \\ \hline & QualityAssuranceProcess(Yes/No) & %ofProductsShippedthatmeetQualityStandard & InventoryManagementSystem(Yes/No) & WillSignaCustomerServiceCommitmentAgreementwithTBC(Yes/No) & LeadTime(#ofdays) & Price (\$) & PaymentTerms(supplierwantstobepaidinXdays) & & Supply Chain Green Initiatives & EnvironmentalReporting \\ \hline A & Yes & 98% & Yes & Yes & 20 & $0.10 & Net 45 & 15% & InvestigatinguseofHybridtechnologytolowerfuelcost. & Annually \\ \hline B & Yes & 99% & Yes & Yes & 10 & $0.11 & Net 60 & 15% & SwitchedfromCorrugatedtoreusableplasticshippingfor90%oftheirsupplyitemsachievingcostsavingsof$1M/yr. & Annually \\ \hline C & Yes & 98% & No & Yes & 20 & $0.14 & Net 45 & 10% & Workingwiththeirsupplierstoidentifygreeninitiatives.Stillwithinearlystagesofproduction. & Semi-annually \\ \hline D & Yes & 96% & Yes & Yes & 12 & $0.13 & Net 30 & 12% & Sentoutquestionnairetotheirsuppliersaskingwhetherthesesuppliersmeasuregreenhouseemissions.Responserateof40%thusfar. & Semi-annually \\ \hline E & Yes & 97% & No & Yes & 15 & $0.12 & Net 50 & 10% & Established3-Yearplantoachievezerowaste,using100%renewableenergy,andproducingsustainableproducts.Noactiontakenyet. & Annually \\ \hline \end{tabular} 1.) Fill out the scorecard above based on responses to RFI (5 points) 2.) Which supplier do you recommend based on your scoring? (3 points) 3.) In 2-3 sentences, why did you choose this supplier? (5 points). 4.) Now, suppose you are tasked with visiting this supplier. Refer to the articles called Read a Plant Fast and Supplier Visits- Can you Afford not to Go? Describe how you would prepare to visit this strategic supplier and specifically what you would evaluate based on the criteria important to the business. Provide 4-6 sentences on how you would prepare, execute the tour, and what your focus would be. (7 points)
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