Resources needed: 
1.
A windows PC with Microsoft Excel installed. If you need this software, follow 
these steps to install it.
2.
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.
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, purchasers 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, vendors 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 suppliers 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.