Question: Spend Category Analysis Based on the information provided in the Category Spend tab, identify and prioritize the Level 2 Categories to target for potential spend
Spend Category Analysis Based on the information provided in the Category Spend tab, identify and prioritize the Level 2 Categories to target for potential spend consolidation based on spend amount (Pareto chart). Based on the information provided in the Category Spend tab, identify and prioritize the Level 2 Categories to target for potential spend consolidation based on the number of suppliers (Pareto chart). What portion of target categories is addressable by Procurement for spend reduction? Provide a reasonable target spend reduction range for each category along with a reasonable explanation for each. Sourcing Strategy Plot the top 12-15 Level 2 Categories by spend onto a Kraljic matrix (Spend Volume vs Supply Complexity). Which Level 2 Categories should be addressed through supplier consolidation and renegotiation of supply contracts? Which Level 2 Categories should be addressed through deeper collaboration? There are a number of suppliers with spend in multiple (two or more) categories? Are there any opportunities to exploit here
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