The Kraljic Model is most useful for which aspect of procurement?
A.
category management
B.
cost analysis
C.
risk management
D.
cost reduction
The Answer Is:
A
This question includes an explanation.
Explanation:
Explanation
The Kraljic model "plays a key part in category management" p.19 of the textbook. Category Management = the spend in an organisation, broken down into categories of related products (e.g. IT, facilities management, marketing). Each of these categories could be plotted on the Kraljic Matrix.
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