The Kraljic Model is most useful for which aspect of procurement?

The Kraljic Model is most useful for which aspect of procurement?
A . category management
B. cost analysis
C. risk management
D. cost reduction

Answer: A

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.