Question: Consider you are working as a purchasing manager for a company producing quality finished products. You have been asked to develop a plan whereby Kraljic

Consider you are working as a purchasing manager for a company producing quality finished products. You have been asked to develop a plan whereby Kraljic matrix is used together with quality principles (such as TQM) to ensure quality components are used wherever necessary. Provide some insights into how you would develop new plans for each of the four categories of components represented in the Kraljic matrix. You can use an example to explain your answers.

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