MGT 300 Week 5 Summative Assessment

Preparing for the Interview

You are working for a manufacturer of a specialized guidance system  for the latest jet fighter aircraft used by several branches of the  military. Your current position is as a senior supply management  specialist reporting to the Vice President of Purchasing. She asks for  your help in developing a series of questions to be used in interviewing  and hiring a new junior buyer, an entry level position. You have agreed  that the successful candidate will have 0-2 years of experience and a  bachelor’s degree in a related field. Most importantly, the new hire  must have an excellent grasp of the current vocabulary and tools used in  the professional practice of supply management. Knowing that you have  recently completed at least one course in supply management, she now  asks that you provide written answers to the questions so that the other  interviewers can judge the candidates’ knowledge. The questions are:

• Give examples of at least three different job titles within supply  management and explain how they contribute to the success of an  organization.
• Choose one department in a company (such as legal, logistic,  operations, quality assurance, etc.), and explain how the company  benefits from a facilitated integration of supply management with this  internal partner.
• Explain the role that supply management plays in achieving sustainability goals in an organization.
• Select at least five items that would be considered when determining  the total cost of ownership (TCO) for a piece of capital equipment.  Classify each item as being either a positive or negative value if asked  to complete the calculation.
• Name at least three characteristics that you share with professional  negotiators. Explain why you believe each is important to your role in  supply management.
• Select one method of using data to choose a new supplier. Summarize  why you believe this is an appropriate, fair, and consistent method of  conducting business.
• List at least three special considerations when seeking  international sources of materials. Compare how each differs from doing  business only within the United States.
• Explain the application of at least three types of fixed-price  contracts. Determine the implications for the supplier and the purchaser  for each type.

Your Summative Assessment

• Must be 1800-2400 words (excluding title page and references page)  in length, double-spaced and formatted according to APA style as  outlined in the Ashford Writing Center. Contextual (Level One)headings  must be used to organize your paper and your thoughts. Must include a  title page with the following: 
  • Title of paper
  • Student's name
  • Course name and number
  • Instructor's name
  • Date submitted
• Must address the topic of the paper with critical thought.
• Must utilize a minimum of 5 scholarly and/or peer-reviewed sources  from the Ashford Library in addition to the textbook.  Must document all  sources in APA style, as outlined in the Ashford Writing Center.
• Must document all sources in APA style, as outlined in the Ashford Writing Center.
• Must include a separate reference page, formatted according to APA style as outlined in the Ashford Writing Center.

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