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Comment the following statement: “An understanding of Kraljic Matrix, improves the understanding of the top management...

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General Management

Comment the following statement: “An understanding of KraljicMatrix, improves the understanding of the top management and thesenior purchasing executives and can lead to appropriate buyer-supplier relationships and contracts”.

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Kraljic Matrix In procurement concept Kraljic Matrix is a way of analysing the procurement portfolio to guide organization in the procurement process Its main objective is to weigh various purchasing strategies both internally and externally and help    See Answer
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