Trading Period 4/day 1

Meeting minutes:

$I wrote the meeting decision and planning for the period 4.

E auction:

$After the calculation we found out that we need to obtain 50 kg of Robusta and 150kg of Arabica beans. My job was to monitor the e-Auction in order to find beans with good price. Luckily we managed to buy beans with good price.

$As we had to buy the high quality blend to sell it to our customer, we tried to find a blend with good price.

Record of strategic decisions:

$Today I started to create our strategic for period 4.

Trading Period 3/day 2

Record of strategic decisions:
#I added some changes to our group strategic.
Auction ID:
#When my colleague Maryam sent to me the action ID I revised in order to check any missing number or information.
E Auction:
#I kept on mentoring the e-auction therefore to find Arabica and Robusta beans with good prices.
Meeting minutes:
#I revised our group meeting before I sent to my group.

Trading Period 3/day 1

For this period we set up our inventory requirements depended on Jaweed’s email. We found that we need to obtain 400 kg of high quality and 400 kg of Arabica beans. For the Robusta we decided not purchase it because it was inventory from period 2.

Record of strategic decisions:
· I managed to finish our strategy for this period.

E Auction:
· I monitored our low blend that we putted in auction.

Trading Period 2/Day 2

Record of strategic decisions:
·Today I managed to finish our strategy for this period and began to create the strategic for the period 3.

Auction ID:
·I sat with Maryam the finance manager and reviewed with her Auction ID.

E Auction:
·My job was to monitor the e-Auction in order to find high quality blend with good price. Also, I monitored our low blend that we putted in auction.

Trading Period 2

When we attended today to the college we put in our mind that our financial sheet was correct and we will start the second period by completing do profit. We got shocked that most of the finance work was wrong. Moreover, we found that in period one we sold our blend with losses. I and my group got sad and unhappy about it.

Our classmate Marwa helped us to understand the finance work therefore we do better than the last period. She taught us the strategies of finding the suitable price for our blend price there to cover our expenses.

For this period we set up our inventory requirements depended on Jaweed’s email. We found that we need to obtain 1000 kg of Robusta and 200 kg of Arabica beans. My job was to monitor the eAuction in order to find beans with good price. Luckily we managed to bought beans with good price.

Record of strategic decisions:

We showed Miss Haya our record of strategic decisions to know if we are in the right track or not. Hopefully we were in the right way, so I transfer what we write in our not in a word document.