strategy, you will weigr supplier to work with.

Approach

Activity $1$: Factor Weighting

Your Product Strategy is: Differentiation $($Unique$,$ long$-$lasting, innovative$)$

Here are the different Factors for you to weight based on your product strategy. Be sure to weight at least fou different factors with at least $0\mathrm{.}1.$ Your final total must add you to $1\mathrm{.}0.$ The most important factors based on yo product strategy should be weighted highest.

Criteria

Factor Weight $($between $0\mathrm{.}1$ and $1\mathrm{.}0).$ to equal $1\mathrm{.}0$

The net price $($including discounts and freight charges$)$ offered by each vendor $$

The ability of each vendor to meet quality specifications consistently $$

The ability of each vendor to meet specified delivery schedules $$

The financial position and credit rating of each vendor

The production facilities and capacity of each vendor $$

The technical capability $($including research and development facilities$)$ of each vendor

The communication system $($with information on progress data of orders$)$ of each vendor

$0\mathrm{.}0$

$$

The warranties and claims policies of each vendor

$0\mathrm{.}0$

compliance or likelihood of compliance with your procedures $($both bidding and

nneratingl bu earh vendor

Not at all likely

$0$

$1$

$2$

$3$

$4$

$5$

$6$

$7$

$8$

$9$

$10$

Extremely fikely

Approach

Activity $1$: Factor Weighting

Your Product Strategy is: Differentiation $($Unique$,$ long$-$lasting, innovative$)$

Here are the different Factors for you to weight based on your product strategy. Be sure to weight at least four different factors with at least $0\mathrm{.}1.$ Your final total must add you to $1\mathrm{.}0.$ The most important factors based on your product strategy should be weighted highest.

Criteria

The net price $($including discounts and freight charges$)$ offered by each vendor

The ability of each vendor to meet quality specifications consistently

The ability of each vendor to meet specified delivery schedules

The financial position and credit rating of each vendor

The production facilities and capacity of each vendor

The technical capability $($including research and development facilities$)$ of each vendor

The communication system $($with information on progress data of orders$)$ of each vendor

The warranties and claims policies of each vendor

Compliance or likelihood of compliance with your procedures $($both bidding and nnerating$)$ hu earh vendor

Factor Weight $($between $0\mathrm{.}1$ and $1\mathrm{.}0).$ Needs to equal $1\mathrm{.}0$