Essay
Blaize Manufacturing Company is using a weighted criteria evaluation system to certify suppliers.
a.Determine the total weighted score for the supplier shown below.
b.Based on the evaluation system and weights used by this firm, what is their purchasing objective?
c.Give an example of a real company that might be using this type of strategy.
d.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)
Correct Answer:

Verified
a.Total weighted score = (.25) x 85 + (....View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q20: An organization's process for evaluating the quality
Q20: Provide a list of four ways companies
Q21: Field failures,loss of goodwill,a decreased reputation,and warranty
Q22: Automating procurement activities can lead to significant
Q23: Suppose your organization is attempting to set
Q24: According to the text, key ingredients for
Q26: The Hormel company awards their Hormel Food
Q27: SRM software can automate procurement activities that
Q27: A SRM strategy refers to a situation
Q28: Which of the following is important in