Yesterday we looked at realising Tactical Longer- Term savings from third party costs using a spend segmentation framework called the Kraljic Matrix (see Fig.1 below), a four-box matrix defined by Supply Risk and Size of Spend. The source of Tactical Longer- Term savings is from spend categories allocated to...

Yesterday we looked at realising some quick win savings from third party costs (the spend) using a spend segmentation framework called the Kraljic Matrix (see Fig.1 below), a four-box matrix defined by Supply Risk and Size of Spend. Quick Wins savings are those that make an immediate impact upon...