Question

How would Vice President of Purchasing make report for this to give to VP Operations?

Kiosks shall be spaced a minimum 20 feet from one another and shall not be more than 300 square feet in area.

· Kiosk cost $800/month (total $2400/month + $600 lump sum cost) for the Staples in Boston, MA, with rent we can say $5000/month (moreover, staples will provide kiosk desk and some other facilities)
· 3 employees ($11/hr, 40*11=440/week, $2640/month ? 2700/month, 2700*3 = 8100/month)
· 3 Acrylic Signs for business marketing at kiosk ($100/signs = $300)
· 3-5 banners for general business portfolio ($200)
· 3 Computers and UPC Scanners, 3 printers at each desk ($3000 Total)

The Vice President of Purchasing Manages and mentors a dynamic team of purchasing professionals. Establishing and maintains measurable performance metrics for all levels of procurement activities to include but not limited to supplier performance, supplier quality, internal order placement performance, buyer activity levels, financial performance, and material shortage elimination.

·         Report to management the measurable status of progress and corrective actions as it pertains to supplier performance.

·         Ensure performance improvement and recovery plans are developed, issued, tracked and reported on as required for supply base management and improvement.

·         Negotiate and execute purchase orders or vendor contracts as needed to support the critical business needs.

·         Manage material flow to insure inventory is maintained to the optimum level to support on time customer deliveries while keeping inventory holdings at the appropriate levels.

·         Strategically develop and implement commodity/supply chain strategies covering all commodities, services and supplier processes throughout a global enterprise to deliver maximum value, leverage, and standardization.

·         Lead a global enterprise organization within the scope of the strategic sourcing process to drive cost out of the supply chain by managing the following: Commodity and negotiation strategies including Terms and Conditions Supplier selection/de-selection, evaluation and rationalization of Supply chain solutions, including vendor managed inventory (VMI), supplier consignment, safety stock levels, etc.

·         Leads product development commodity strategies in line with corporate initiatives to improve supply chain efficiencies and reduce the total cost of supply chain management. Drives usage of cost models to validate commodity strategies and to understand significant cost drivers.

·         Manages all activities that develop relationships with suppliers. Develops an overall vendor base which creates and sustains a competitive advantage, utilizing global market exploitation, leveraging spend, and leveraging of technologies.

·         Provides commodity support to New Program Teams as required to meet target costs and establish program cost models.

·         Manages materials savings initiatives in line with profit plan and overall business objectives.

covering all commodities, services and supplier processes throughout a global enterprise to deliver maximum value, leverage, and standardization.

·         Lead a global enterprise organization within the scope of the strategic sourcing process to drive cost out of the supply chain by managing the following: Commodity and negotiation strategies including Terms and Conditions Supplier selection/de-selection, evaluation and rationalization of Supply chain solutions, including vendor managed inventory (VMI), supplier consignment, safety stock levels, etc.

·         Leads product development commodity strategies in line with corporate initiatives to improve supply chain efficiencies and reduce the total cost of supply chain management. Drives usage of cost models to validate commodity strategies and to understand significant cost drivers.

·         Manages all activities that develop relationships with suppliers. Develops an overall vendor base which creates and sustains a competitive advantage, utilizing global market exploitation, leveraging spend, and leveraging of technologies.

·         Provides commodity support to New Program Teams as required to meet target costs and establish program cost models.

·         Manages materials savings initiatives in line with profit plan and overall business objectives.

Answer 1

Answer: -

Vice President of Purchasing Department would have to include following pointers in his report for the given scenario: -

• All finalized supplier details with their product quality with their delivery performance as well as financial performance. Here suppliers would be Kiosk supplier, Acrylic Signs Supplier, Banners supplier and Computer Equipment Suppliers.
• The employee hired from human resource company than the company details, company's resource capability, resource replacement capability, resource training, attrition management and other resource related parameter.
• The rented area of Boston, report to highlight rented space strategic objective for business service and how would it bring value and expand business footprint in this area. If for certain reason this rented area is to be vacated than the business impact, plans to relocate, new cost and timelines associated with relocation
• If any supplier failed in delivery, the business impact analysis and the plan for next supplier, new supplier cost and timelines for execution to completion of this backup plan.
• Complete high-level delivery schedules and timelines for business operation to kick start.
• The cost is given for operational cost but report should include cost before operation start - that is equipment buy-out, equipment delivery transportation cost, equipment installation cost, etc. Also, additional cost, the revenue generated from this operation, cash flow contribution to revenue & net profit.