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Can anyone help me with the below question, please. Discuss why Kraljic’s Portfolio Purchasing Model is...

Can anyone help me with the below question, please.

Discuss why Kraljic’s Portfolio Purchasing Model is still relevant today in a globalised economy.

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Answer #1

It is a model which is basically for analysing the purchasing power of the company. It has financial impact on the economy in the today scenario. As on leverage items it yields high profit and on non critical items it yields low profit.

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