Blaize Manufacturing Company is using a weighted criteria evaluation system to certify suppliers.
Determine the total weighted score for the supplier shown below.Based on the evaluation system and weights used by this firm, what is their purchasing objective?Give an example of a real company that might be using this type of strategy.If Blaize Mfg. classifies their vendors based on the following scores, how well is this supplier doing?Unacceptable (less than 50)Conditional (between 50 and 70)Certified (between 70 and 90)Preferred (greater than 90)?
Performance CriteriaWeightScore (0-100)Technology25%85Quality20%90Environmental Responsibility15%84Price15%77On-time deliveries10%86Flexibility5%84Customer Service10%83
What will be an ideal response?
Total weighted score = (.25) x 85 + (.20) x 90 + (.15) x 84 + (.15) x 77 + (.10) x 86 + (.05) x 84 + (.10) x 83 = 21.25 + 18 + 12.6 + 11.55 + 8.6 + 4.2 + 8.3 = 84.5
Their purchasing objective seems to value Technology and Quality very high. Environmental responsibility is also relatively important to this company as well as product price.
Answers will vary, but some examples might include tech companies like Honeywell, Intel and Apple.
With a score of 84.5 this supplier meets the firms intended purpose. Blaize would certify this supplier since the score is between 70 and 90. They might not consider this supplier for new product development or opportunities for more business unless it can raise its score above 90.
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