To create and execute an effective and efficient supply chain, the management team is required to undertake the following tasks in a detailed report: 1. State the companys mission statement, define its customers, its target market and the market segment into which the company intends to sell the product in Canada. (5 marks) 2. Define the product that company management is responsible for importing into Canada. Provide, a brief explanation of its features and characteristics along with any aspects that differentiate the product from that of your competitors. Explain the companys competitive advantage by purchasing this item. (10 marks) 3. Next, identify, clarify and explain your customers specific needs and wants. The management team should draw upon their knowledge of marketing to consider the relationship between the companys efforts to satisfy customers requirements via the features, benefits, and characteristics of the product.

4. Identify a minimum of two (preferably three) possible suppliers in the target geographic market where you expect to make your purchase. Indicate, their location and additional information that may be available to prepare a brief profile of each supplier. The supplier profile should include information such as the size of the company, number of employees, variety of products sold, etc. This information is often readily available on company web sites. NOTE: The management team must provide the names and locations of actual, specific suppliers in their target geographic market.

5. Prepare a list of KPIs that will be used to measure supplier performance. These MUST be related to the product you will import. They MUST NOT be generic in nature. Then, using the KPIs as a reference, prepare a Request for Quotation (RFQ) for the annual order quantity to be obtained from one (1) of the listed suppliers. The RFQ must be prepared for one of the potential suppliers covering all the important details related to the product to be obtained from that outside supplier. NOTE: The RFQ must provide detailed specifications for the supplier to meet. Detailed specifications translate into precise requirements and result in higher marks (and in the real world, a better chance of getting it right for the customer. Specifications could include, for example, dimensions, contents, formulations, quality of performance, or anything that would define the item of supply. Reference to the above noted features and characteristics will assist in preparing the RFQs (35 marks)

6. Based upon what you have learned about your suppliers in item 4 above, conduct further research to determine the likely cost of the product if purchased from the named suppliers. If the cost of the product cannot be found in the market, the management team must research and identify a retail or wholesale price that the product currently sells for in the Canadian market. You would then work backwards, deducting the initial estimated costs associated with bringing the product into the market as well as the normal profit margins that would have been added on by importers, wholesalers and/or retailers. This will give you a product cost somewhat realistic to what you could presume to have paid if you purchased direct. An import costing template has been provided as a guide to cost estimation. NOTE: These costs can be revised in subsequent assignments as more information regarding the importation of the product is obtained. (10 marks) The price the management team will pay for the product in the target geographic market will require some negotiation. The management team must explain the strategy they would use to negotiate their purchase price. Consideration should be given and explained regarding all of the issues that may require negotiation. Be sure these points are specific to your product and industry and NOT just generic in nature. In addition, the team must explain in detail the method they will use to be assured they have received the goods per specifications on the PO that will be issued, before payment is authorized. (10 marks)

7. The management team must explain why the supplier of choice is the preferred source from which they will purchase the product for import. A brief explanation of why this supplier has been chosen is required. NOTE: The choice can be independent of the cost, with consideration of other factors such as features, quality and total cost of ownership. Management must then prepare a Purchase Order document to be issued to the preferred supplier authorizing them to provide you with the product referenced in your RFQ. NOTE: the ONLY Incoterms to be selected in this project (your choice) are: EXW, FCA, FAS. The management team must include all the essential and important information in the Purchase Order to ensure an effective purchasing decision and a contractual obligation by the supplier to meet the companys requirements. (25 marks)

hi, you can take Walmart as a company and any product that is being sold by Walmart as a product. Do all these things with respect to walmart