In the attachment you will find all required documents to complete the assignment. The chosen product is (Safety Shoes “PPE”) “PPE – Personal Protective Equipment”. You will outline the importance by using “Kraljic matrix.” and impact on the organizing stockholders by using “Mendelow’s Matrix.” Also, you will need to prepare a market analysis and demonstrate how the procurement function will produce value for money outcomes “Pricing method”. Final submission should also review the current approaches to managing prices and costs for the product, you have identified, as well as highlighting the impact of markets to secure cost savings for your organization.
Below you will find details about the product: Yearly spending is 80,000 S.R. Qty requested last year 1,200 Pieces Number of suppliers in the market (XX)
Safety Dept. Spending (As a Safety Category): 2017 – 1,700,000 S.R. 2018 – 1,400,000 S.R.
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