Answer to Question #176005 in Economics for Victor Burur

Question

Luxury Bags Inc.; Portfolio analysis in action

Luxury bags Inc. manufactures high quality bags that are sold by designer retail outlets. Its annual turnover is 100m. To carry out category management, the procurement and supply chain team has used portfolio tools to analyze the following categories of spend:

·      Harris tweed cloth-used in the manufacture of Scottish range of bags

·      Zip fasteners- used for all types of bags

·      Mobile Phones- Provided to the sakes teams to enable communication and order placement for customers while on the road

·      A4 paper-used in the HQ office

Use Kraljic matrix to map out the portfolio in the four categories

Answer 1

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