Qn 1.Kraljic measures strategic importance through:
Consider a company that produces chemical products (e.g., Dow or Dupont). Try to list a variable that can be used as an alternative or in addition to one of the previous ones to measure strategic importance. Briefly justify your answer.
Qn 2. Kraljic measures supply market complexity through:
Consider a wholesale company (e.g., Walmart or Target). Try to list a variable that can be used as an alternative or in addition to one of the previous ones to measure strategic importance. Briefly justify your answer.
Qn 3. An elevator is designed for a specific building, considering such factors as the height of the building, the number of users on each floor and the expected usage periods. The number of components varies with the number of stories and the complexity of the design of the elevator. Customers provide functional requirements such as speed and capacity, desired style options, and the dimensions of the building. An appropriate set of elevator components is specified and ordered from the component suppliers. This is a high-variety, low-volume market in which competition is very high. As the cost of in-house manufacturing of components is much higher than the cost of outsourcing, manufacturers of elevators focus on design, assembly, marketing and sales, and most in-house component manufacturing has ceased.
Let’s consider the case of two different electric elevator manufacturers:
The following figure compares the Kraljic matrix for the two companies. In both cases, the Kraljic matrix was designed using the same approach.
Which of the following statements is true?
Note: More than one can apply.
Group of answer choicesCompany A should have a supply based that is mostly made of local suppliersCompany A has a better balance of power with its suppliers compared to Company BCompany B has too many non critical itemsCompany A does not manage well its purchasing categoriesPartnerships with car suppliers should be put in place with car set supplier in both companies
Choose an academic level, add pages, and the paper type you want.
To reduce the cost of our essay writing services, select the lengthier deadline.
We can't believe we just said that to you.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more
Recent Comments