Description
Great news! Your concept passed initial testing and went on to more rigorous, quantitative testing. The results there were promising and you've decided to launch the new product! Now, you need to identify potential suppliers and distribution partners.
For this assignment, create a 5-6 page paper that contains the following information:
- In 1-2 pages, create a list of at least three potential suppliers and describe what they would do for your company (preferably using real-life suppliers, but you may use fictitious names if you can't locate an existing company that supplies that material).
- In 1-2 pages, create a list of at least three potential channel partners and describe what they would do for your company (wholesalers, retailers, etc.).
- Using the companies listed in your supplier list, create a diagram of suppliers that traces your offering back to its raw materials.
- Using the companies listed in your channel partner list, create a flowchart that shows at least three potential pathways to get your product to the consumer.
- Include a ½-page write-up that discusses the value that each supplier and channel partner contributes to the development and distribution of your offering.
Proofread your final assignment for correct spelling, grammar, and punctuation. For more information about APA,
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DISTRIBUTION CHANNELS FOR AUQUABABIES
Distribution Channels for Auquababies
Institutional Affiliation:
Author’s Name:
Date:
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DISTRIBUTION CHANNELS FOR AUQUABABIES
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Distribution Channels for Auquababies
Potential Suppliers
Suppliers are firms or individuals who deliver resources needed by an enterprise to
manufacture goods or services. Such resources include materials and parts, supplies capital items,
and services. The suppliers play a significant role in a company’s microenvironment. The potential
suppliers of raw materials to be used in the manufacture of auquababies products include Exeter
Inc., Cheshire Enterprises, and Fragomen Ltd. Exeter Inc. will supply crayons, while Cheshire
enterprises and Fragomen Ltd will supply waterproof paints and fabric materials respectively.
These group of suppliers will play a huge role at every stage of our product lifecycle, from sourcing
raw materials to helping ramp up production, and to finding better options for raw materials as the
market starts becoming saturated. Therefore, it is important for us as a company to work closely
with them to get the best out of their supplies.
Our suppliers will deliver the much-needed resources for production on time. To ascertain
this we intend to develop an excellent relationship with them so that they can prioritize us. In this
way, they will ensure that we get the best materials for our products. Having these suppliers
onboard will as well lower the risk of lost revenue (Corrigan, 2018). We are certain that the raw
materials that will be delivered to us will be of high quality hence the risk stopping production or
rejecting finished goods will be lowered. Because of these quality materials, we will be able to
manufacture and deliver quality auquababies toys to the targeted audience free from defects and
in a timely manner. In the long term, we will be able to cut on costs. Une...