Purpose:
This assessment allows you to demonstrate your knowledge and ability to evaluate, review, and calculate the most appropriate purchasing method used for sourcing and supply of product via international trade.
Requirements:
As such you will prepare a brief (report) including each of the 4 tasks listed below, which should consist of a
one page summary
outlining
what was done and evidence of research
carried out to achieve the above mentioned task. (Each task section should be no more than 1000 words)
Details of Assessment:
As the Purchasing Coordinator/Manager for Technika (your company) a white goods
importation
company based in Melbourne, you have been asked by your manager to investigate and put forward a purchasing and supplier recommendation and order for a new 90cm gas oven, which a major retail company has asked your company to supply to their National Retail Chain.
All Relevant Information regarding a sample of the a 90cm Technika Oven with specifications and manufacturer information can be found above or in the resources area on the Student Canvas (LMS) system.
Details for your Assessment:
Report of Evidence - Task A
The first task is to evaluate the most appropriate Company/ Supplier of the new 90cm gas oven, then investigate their corporate standing and whether it is in line with your company’s ethical standards and Purchasing Policy? You must also make certain that their product meets all of the relevant Australian standards and ensure they meet all compliance measures.
To achieve this you are to determine the following,
· Research companies that manufacture ovens of these specifications and give reason for your choose of selected manufacture.
· Include a brief overview of their company policy in regards to ethical and quality standards for ovens against the current Australian market.
· Give an overview as to how your selected company/supplier compares with other oven manufactures in the same market?
· Give a Brief outline as to how you will
start
the initial negotiation process with your selected manufacture?
Report of Evidence - Task B
Give your opinion and an example of what would make an Effective Purchasing Policy for Technika (your company).
This should include,
- A bullet point list and/or breakdown of what makes an Effective Purchasing Policy?
- A brief review & list of the types of negative issues that can affect and hinder an Effective Purchasing Policy?
- Give an overview and list of what the objectives of the purchasing policy may be for Technika (your company).
Report of Evidence - Task C
Evaluate the best method of purchasing the product from the supplier and include a brief reasoning of the below points,
· What type of purchase order would be appropriate?
· What terms of purchase should be included?
· What terms of payment may be used to benefit the company?
· How can you mitigate and eliminate the potential for mistake or none supply within the purchase order?
Report of Evidence - Task D
You must provide evidence of your evaluation & continuous improvement strategy for further order placement of this product with your chosen manufacturer.
This should include,
- A list of relevant KPI’s in regards to the purchasing process.
- An overview of how you will evaluate and report the results of the KPI’s.
- A brief explanation of how non-compliance to your KPI’s will be handled.
- And a brief overview of how you may continuously evaluate and improve on the whole purchasing process.
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