Part 2: Supplier Evaluation Process Hondo Canada is sourcing customizable pens for all their dealerships as a preventative measure of spreading COVID 19; the pens are to be customized with the Hondo brand. Hondo Canada plans to provide each customer making a new vehicle purchase a pen to sign with and keep. This is a one-time purchase. Note: this can be completed in Word or Excel 1. Create a draft RFP (format similar to the examples you have already pulled in an earlier class) a. It is to include all specifications (what should be considered when evaluating a product) and the supplier i. Within the specifications, identify what is important for this purpose, for example, delivery date. 2. Identify 2 potential supply sources (not the companies but how you would find companies that could be a source of supply). Be specific. Explain why you chose these 2. 3. Create/Produce a decision matrix template for the evaluation of potential suppliers for the pens. a. Identify minimum 10 evaluation criteria that were considered in the evaluation b. Establish a rating scale for each criterion; keep in mind that the highest number is always the preferred. i. Scales options can be /are: 1,2,3 (1 = slight extent, 2 = some extent, 3 = great extent) 1, 2, 3 (1 = low, 2 = medium, 3 = high) 1,2,3 (1 = little to 3 = great) 1, 2, 3 (1 = low, 2 = moderate, 3 = high) ii. Here are some examples (note - you are not to use these examples): 1. Criteria category is Past Experience Satisfaction MGT2372 22W - Assignment A3 Details - "How satisfied were you with the processing your return in the past?" Scoring - Score 1-7; score 1 as the worst, score 7 as the best, or score anything in between based on your judgement. C. For each criterion, assign a weight (based on importance to this purchase). This is to be done by distributing 100% amongst the criterion. For example price - if price is the most important factor it can carry a weight of 60%. Suggested resource: read https://www.moglix.com/blog/tips-to-buy-a-pen/ Sample: (note this sample shows 3 suppliers, you only have to complete for 2) Ratings per Supplier Criterion Rating out of details Weight Supplier 1 Supplier 2 Supplier 3 Score 1-3, score 1 as several errors, score 2 for some errors, score 3 as Criteria 1 60% error free Criteria 2 10% Criteria 3 5% d. For each criterion, provide a brief explanation to defend why you selected this criterion and its scale/weight, in other words - why do you think it would be important to your organization for this specific purchase. MGT2372 22W - Assignment A3 e. Recreate the template and place hypothetical ratings for each supplier. Complete the calculations to determine who will be the winner of the RFP; identify the RFP winner