IS 340 Improving Organizational Decision Making

December 15, 2022

IS 340 Improving Organizational Decision Making

Order Number	636738393092
Type of Project	ESSAY
Writer Level	PHD VERIFIED
Format	APA
Academic Sources	10
Page Count	3-12 PAGES

Instructions/Descriptions

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IS 340 Improving Organizational Decision Making

Improving Decision Making: Use a Spreadsheet to Select Suppliers

IS 340 Management information Systems Chapter 2 Lab

Lab 2-10 Improving Decision Making: Use a Spreadsheet to Select Suppliers (Individual Assignment worth 50 points)

Resources needed:

A windows PC with Microsoft Excel installed. If you need this software, follow these steps to install it.
Ess13ch02_Questionfile.xlsx

In this exercise, you will learn how to use spreadsheet software to improve management decisions about selecting suppliers. You will filter transactional data about suppliers based on several criteria to select the best suppliers for your company.

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Scenario: You run a company that manufactures aircraft components. You have many competitors who are trying to offer lower prices and better service to customers, and you are trying to determine whether you can benefit from better supply chain management. The Assignments area under Week 2, you will find a spreadsheet file (Ess13ch02_Questionfile.xlsx) that contains a list of all the items your firm has ordered from its suppliers during the past three months.

The fields in the spreadsheet file include vendor name, vendor identification number, purchaser’s order number, item identification number and item description (for each item ordered from the vendor), cost per item, number of units of the item ordered (quantity), total cost of each order, vendor’s accounts payable terms, order date, and actual arrival date for each order.

Prepare a recommendation of how you can use the data in this spreadsheet database to improve your decisions about selecting suppliers. Some criteria to consider for identifying preferred suppliers include:

The supplier’s track record for on-time deliveries
Suppliers offering the best accounts payable terms
Suppliers offering lower pricing when the same item can be provided by multiple suppliers. (Extra credit)

Use your spreadsheet software to prepare reports to support your recommendations.

Information about the data:

At a minimum you will need to be able to sort the database by various criteria such as item description, item cost, vendor number, or A/P terms
A/P terms is expressed as the number of days that the customer has to pay the vendor for the purchase. In other words, 30 designates net 30 days. The vendor that allows customers the longest amount of time to pay for an order would, of course, offer the most favorable payment terms.
You will need to add additional columns for calculating the delivery time for each order. The delivery time can be calculated by subtracting the Order Date from the Arrival Date. Vendors with the shortest delivery times are obviously desirable.
These numbers are useful when trying to determine who is the vendor with the best on-time delivery track record. Students can use the DAVERAGE or the SUMIF and COUNTIF functions to determine the average delivery time for each vendor. You can also use one of the database functions to determine the vendor with the best accounts payable terms.

To determine the vendor with the lowest prices for the same item when it is supplied by multiple vendors, students can filter the database using the item description. This filtered list can then be sorted by item cost and vendor number.

Deliverables:

Your recommendations (minimum 100 words) that include the details of findings that supports your recommendation. (25 Points) Your recommendation must include analysis of:

the supplier’s track record delivery time
suppliers offering the best accounts payable terms
suppliers offering lower pricing when the same item can be provided by multiple

Copy and paste the reports you ran to come to your conclusion. You should cite the reports you used in your recommendation. (25 Points)

RUBRIC

Excellent Quality

95-100%

Introduction

45-41 points

The context and relevance of the issue, as well as a clear description of the study aim, are presented. The history of searches is discussed.

Literature Support

91-84 points

The context and relevance of the issue, as well as a clear description of the study aim, are presented. The history of searches is discussed.

Methodology

58-53 points

With titles for each slide as well as bulleted sections to group relevant information as required, the content is well-organized. Excellent use of typeface, color, images, effects, and so on to improve readability and presenting content. The minimum length criterion of 10 slides/pages is reached.

Average Score

50-85%

40-38 points

More depth/information is required for the context and importance, otherwise the study detail will be unclear. There is no search history information supplied.

83-76 points

There is a review of important theoretical literature, however there is limited integration of research into problem-related ideas. The review is just partly focused and arranged. There is research that both supports and opposes. A summary of the material given is provided. The conclusion may or may not include a biblical integration.

52-49 points

The content is somewhat ordered, but there is no discernible organization. The use of typeface, color, graphics, effects, and so on may sometimes distract from the presenting substance. It is possible that the length criteria will not be reached.

Poor Quality

0-45%

37-1 points

The context and/or importance are lacking. There is no search history information supplied.

75-1 points

There has been an examination of relevant theoretical literature, but still no research concerning problem-related concepts has been synthesized. The review is just somewhat focused and organized. The provided overview of content does not include any supporting or opposing research. The conclusion has no scriptural references.

48-1 points

There is no logical or apparent organizational structure. There is no discernible logical sequence. The use of typeface, color, graphics, effects, and so on often detracts from the presenting substance. It is possible that the length criteria will not be reached.