COURSE NAME: Procurement Course #: IBM1003

IBM1003 – Problem 3

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:

1. Identify a list of two prospective suppliers for the galvanized bolts, nuts and washers, two prospective suppliers for the pressure treated lumber, two possible
suppliers for the raw aluminum to produce both the lift frame and vertical support legs and crank wheel, two possible suppliers for the plastic (PVC) wheels
and finally two possible suppliers for the marine grade carpet. You are not required to contact these firms, but you are to conduct internet research to
identify your supplier prospects. Explain why your team considers these sources as “qualified”.

2. 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.
3. Based upon the production plan to produce 100 boat lifts
and 100 PWC lifts in one production run and the
dimensions provided, your team must ensure that you will purchase the correct quantities and consider the “total cost of ownership” of the materials to be
purchased and not just the price of each component. Explain/justify how you have taken ‘Total Cost of Ownership’ into consideration.
4. Create a separate purchase order for each of the purchased components/items, using the supplier of “first choice”. Explain why the supplier is your preferred
choice. This should result in your creating a total of five (5) purchase orders.

IBM1003 R2 Date: 6/12/2022 Professors: P. Cohen, R. Borean 1

 COURSE NAME: Procurement Course #: IBM1003

IBM1003 – Problem 3 Evaluation

Student Name: _____________________________________Student # _______________ Evaluated by: Date:
Student Name : ____________________________________ Student # ________________
Student Name: _____________________________________Student # ________________ GROUP #
Student Name: _____________________________________Student # ________________
The students must use their procurement knowledge to analyze and provide Mark G Comments
answers to/or completed documents as outlined in the case study and (100)
information contained in Problems 1 & 2.
1. The students must identify two prospective suppliers for the raw pressure
treated lumber, two prospective suppliers for the PVC wheels, two possible 20
suppliers for the raw aluminum to produce the lift frame and crank wheel and
two possible suppliers for the galvanized nuts, bolts and washers and two
prospective suppliers for the marine carpet. The students are not required to
contact these firms, but to conduct internet research to identify possible
supplier prospects. The students must explain why their team considers these
sources as “qualified”.

2. Based upon the criteria established for qualifying possible sources of supply
the students must prepare a list of Key Performance Indicators (KPIs) to 15
measure and evaluate the suppliers after the purchase.
The list must NOT be Generic.

3. Based upon the production plan to produce 200 boat lifts in one production
run and the dimensions provided, the students must provide an explanation of 15
how the company will ensure that it will purchase the correct quantities. The
students must also consider and provide an assessment of the “total cost of
ownership” of the materials to be purchased.

IBM1003 R2 Date: 6/12/2022 Professors: P. Cohen, R. Borean 2

 COURSE NAME: Procurement Course #: IBM1003

4. The students must create and submit a ‘separate’ purchase order for each of 25
the purchased components/items, using the supplier of “first choice”. The
students must provide an explanation why the chosen supplier is their
preferred choice. (5 PO’s total)

Research Project Evaluation

Criterion Mark Grade Comments
5. Students are required to provide a clear and logical presentation of their 15
ideas in the report by: 1. Providing a type written report (12 font, double
spaced); 2. Maintaining a logical connection between the information
presented, different sections of the report and the assignment criteria.; 3.
Using a structured approach by providing a title page and headings for
sections or separate components of the report; 4. Demonstrating effort and
use of student’s own analysis; 5. Expressing ideas clearly so as to be
understood by the reader; 6. Using examples or elaboration to explain a
thought or idea; 7. Demonstrating the report has been proof-read
eliminating spelling and grammatical errors; 8. Acknowledging any outside
sources and references to others ideas/work. All sources used in the report
must be properly acknowledged, cited AND referenced using APA style
format a bibliography.1 9. The report is submitted on time (by the
established deadline)2

1
Sources that are not properly cited are considered plagiarized and will result in a grade of zero for the report.
2
.

IBM1003 R2 Date: 6/12/2022 Professors: P. Cohen, R. Borean 3

 COURSE NAME: Procurement Course #: IBM1003

6. Reports/assignments with a team work component will be graded on the

following basis: 10
- Level of individual contribution of group members
- Cooperation among group members
- Quality of contribution to the group
“Rough work” from all parties will, if necessary be evaluated. Based upon this
assessment the final grade for a student may be adjusted by up to 40% of the
total grade.
If a team work component is not a part of the assignment the remaining % will
be allocated to the Organization Component

Total = /100

ADDITIONAL COMMENTS

IBM1003 R2 Date: 6/12/2022 Professors: P. Cohen, R. Borean 4

 COURSE NAME: Procurement Course #: IBM1003

IBM1003 R2 Date: 6/12/2022 Professors: P. Cohen, R. Borean 5