This article provides a practical explanation of the Purchasing Portfolio Model by Olsen and Ellram. After reading, you will understand the basic concepts of this powerful purchasing portfolio tool for the different relationships that exist between buyers and suppliers.
What…
This article provides a practical explanation of supply chain management. After reading, you will understand the basics of this powerful management tool.
What is Supply Chain Management?
Supply Chain Management (SCM) is the management of all activities related to…
This article explains the Supplier Relationship Management (SRM) in a practical way. After reading it, you understand the core of this strategy methodology.
What is Supplier Relationship Management (SRM)?
Manufacturing companies are largely dependent on their suppliers. They need the…
This article provides a practical explanation of the Value Net Model, developed by Adam Brandenburger and Barry Nalebuff. After reading,After reading, you’ll understand the basics of this powerful strategic management and transformation tool.
What Is the Value Net…
Peter Kraljic (1939) was a former director in the Düsseldorf office of McKinsey at McKinsey & Company, Inc. where he held different management positions until his retirement. He has also created the Portfolio Purchasing Model (1983), which is a model/…
This article explains the kraljic portfolio purchasing model in a practical way. After reading you will understand the basics of this powerful purchasing strategy tool.
What is the Kraljic portfolio purchasing model?
In 1983, Peter Kraljic created a matrix called…
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