Beta produces plastic toys. The Procurement Manager decides to carry out an analysis to identify the best procurement strategy to adopt and to understand what the correct number of suppliers to use should be. Relevant data in this regard is provided in Table 1. place all the above materials in the quadrants of the kraljic matrix.for each material,describe the correct procurement strategy that should be adopted the explain how many suppliers the company should have and why.

table 1-Relevant data

Materials

Total cost (million )

Plastic granules

17

Technical

Mechanical components (e.g. screws)

7,5

Low

Moulded

9,5

High

High

components

Maintenance and

1,5

Low

repair items

Assembled components

13,5

High

Others

1,0

Low

Low

High

Low

Place all the above materials in the quadrants of the Kraljic matrix.

Procurement market

Relevance for customer satisfaction

relevance of the material for the performance of the product

Low

Low

Low

Material that can be bought from max 2-3 suppliers

Material that can be bought by several suppliers. However, the company wants to differentiate its product by selecting top-quality mechanical components that can be bought from just 2 suppliers

Standard material that can be bought from several suppliers. However only few of them can guarantee the service level required by the company

Standard material that can be bought from several suppliers

Standard material that can be bought from several suppliers

Standard material that can be bought from several suppliers

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lease,

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