BLUETOOTH SPEAKER
You will serve as a product buying manager or purchasing manager and will select a specific product, component, or commodity from a select company of choice (e.g., semiconductor chips, face masks, vaccines, capital equipment, raw materials for reworking such as wire, aluminum, fabric, etc.) to produce a Product Buying Report.
• The company can be your existing company or a company that you are interested in. Additionally, you can opt to create a fictitious company or a start-up company.
• In selecting and presenting the data you will assemble; you should indicate what use a buyer will make of this information.
• Based on what you determine from your research, you are expected to make a recommendation about whether the chosen product should be acquired and how you would plan to negotiate its purchase.
• The selected product will be the subject for all parts of the project, and you will be writing the Product Buying Report from the perspective of a Product Buying Manager or Purchasing Manager.
Select a specific product, component, or commodity (e.g., computer chips, capital equipment, raw materials for reworking) that will be used to produce a Product Buying Report.
• You will create a Project Proposal to identify and discuss the product selected for project.
• You will discuss the intended use for the product and the requirements to be met by the item purchased. To do this effectively, you should create a scenario explaining the background of these requirements, as well as all of the buying influences that need to be considered.
• Your Project Proposal for week 6 should be no more than six pages, not including title and reference page and include the sections below. These sections focus on the product that you select.
- Title Page
- Executive Summary: This is a one-page summary of your overall report. Recognizing that many executives will only read this portion of your report, you are expected to summarize the key information, critical data, and your final recommendation.
- Intended Use and Requirements: In this section, you are to outline the intended use for the product and the requirements to be met by the item purchased. To do this effectively, you should create a scenario explaining the background of these requirements, as well as all the buying influences that need to be considered. Note that this is an appropriate time to consider make versus buy versus partner factors; however, because this is a buying report, your analysis should support the attractiveness of the buy alternative.
- Available Products: In this section, you are to catalog the available products that might meet these requirements and the characteristics of those products. These characteristics, which would include classifications, grades, and properties that distinguish one product from another, need to be defined. From this list of available products, you will select one for detailed investigation.
- Technical Product Data: This is where you outline the technical data required to specify and inspect the quality and suitability of the selected product.
Sample Answer
Project Proposal: High-Performance Graphics Processing Units (GPUs) for AI Development
1. Title Page
Project Proposal: Acquisition of High-Performance Graphics Processing Units (GPUs) for AI Development
[Your Name]
[Your Title]
[Date]
2. Executive Summary
This report proposes the acquisition of high-performance Graphics Processing Units (GPUs) to bolster the AI development capabilities of [Fictitious Company Name – “InnovateAI,” a startup specializing in developing AI-powered solutions for healthcare diagnostics]. InnovateAI is experiencing rapid growth and its current computing infrastructure is becoming a bottleneck for training complex machine learning models. This investment in GPUs is crucial for accelerating model development, improving accuracy, and enabling the exploration of more sophisticated AI algorithms. The intended use of the GPUs is to power our AI development platform, specifically for training deep learning models used in image recognition for early cancer detection. Key requirements include high computational power (measured in FLOPS), large memory capacity, compatibility with existing infrastructure, and robust software support. After evaluating available options from NVIDIA and AMD, the NVIDIA A100 GPU has been selected for detailed investigation