Choose best topic for that Essay Example | Topics and Well Written Essays - 500 words

Choose best topic for that - Essay Example To analyze our results, the supplier that has more positives than negatives will be the supplier that we will choose to supply our athletic shoes. From all of the options available, we found that Supplier 3 is the best option for us in terms of price and quality. Our company is introducing a new product to the market and thus need to figure out how to procure and then sell these products at a significant enough profit margin. We used four different criteria on which to base our decision to buy the shoes from a supplier. Price is the number one factor followed by quality. These factors will all be calculated using different methods of comparison. Price will be calculated from the quotes from each of the suppliers. Durability will be tested in our laboratories. Appearance will be derived from surveys that are given out to focus groups. Lastly, convenience will be judged based on the transportation costs involved with shipping the shoes from our supplier to our warehouse. We made our criteria for price that each pair of shoes would cost $100 or less. Suppliers 1 and 3 both filled this criterion; however, supplier 2 and 4 cost more than this figure. In terms of waterproof durability, we decided to judge whether each pair of shoes was waterproof or not. Supplier 1 and 4 provided athletic shoes that were not waterproof; supplier 2 and 3 did have shoes that were waterproof. For appearance, we made use of specific focus groups that could give us feedback about the stylistic feel of each of the shoes. Supplier 1, 2, and 4 each had shoes that looked fashionable and were comfortable to wear. However, Supplier 3 did not have stylish athletic shoes at all. Finally, for convenience, we decided to judge how far each supplier was located away from our warehouse. Ideally, a supplier should be located less than 100 miles away. Supplier 2 and 4 were both closer than this distance. On the other hand, supplier 1 and 3 were greater than this