Case Scenario Description:
You work at an automobile manufacturer company in Ontario, and you are going to launch a new face of an old model of your product. Your forecast is to sell 160,000 number of the new face. You need to find suitable suppliers for front and rear lights. The average price for each light is $65 and you can stuff 2000 products in a 40 ft. container. The main manufacturers of these products are in China, Taiwan, and India and you have found 37 manufacturing and trading companies during your internet and field search.
Instructions:
The company has tasked you with identifying the top three sources based on specific criteria and factor rating model. you must design a table for selecting the top three suppliers. Consider the following questions when developing your table and follow the assignment steps.
The main questions are:
- What are the most important factors for selecting a supplier for headlights?
- What is the importance or weight of each factor?