You and your team of purchasing agents are now very familiar with your company' Better Boat Bunks.

Initially you created an RFQ to gather information in order to purchase eight components from outside sources and to explain your criteria for qualifying your possible sources of supply.  Next, based upon the President's concerns your team evaluated the "make or buy" considerations for the crank wheel, boat cradle and the aluminum frame components and prepared a list of important specifications that would be required if you outsourced these components to outside firms/suppliers.

 

Based upon your previous work in the two previous problem assignments and the details contained within each of them your purchasing team now has the following tasks to complete to buy the required components from outside suppliers:

Suppliers Information:

Suppliers for the galvanized bolts, nuts and washers:

1. K2 Fasteners

2. HASM North America

Suppliers for the pressure treated lumber:

1. Trent timber treating Ltd.

2. Princeton Wood Preservers Ltd.

Suppliers for the raw aluminum to produce both the lift frame and vertical support legs and crank wheel:

1. ASA Alloys & Magna Stainless

2. Metal Pros

Suppliers for the plastic (PVC) wheels:

1. Bestway Casters & Wheels Ltd.

2. Colson Group Canada

Suppliers for the marine grade carpet:

1. Prestige Décor

2. JT's Outdoor Fabrics Inc.

Question:

1. Based upon the criteria you established for qualifying your possible sources of supply prepare a list of Key Performance Indicators (KPIs) to measure and evaluate your supplier after the purchase. NOTE: the KPI's should relate to the product/supplier in question but, they SHOULD NOT be generic in nature.

Answer rating: 100% (QA)

Based on the criteria you established for qualifying your possible sources of supply the following are some specific Key Performance Indicators KPIs that can be used to measure and evaluate your suppl... View the full answer