Category Management - Managing and Analysing Costs

Quiz
•
Other
•
Professional Development
•
Easy
Mark Liwag
Used 3+ times
FREE Resource
11 questions
Show all answers
1.
WORD CLOUD QUESTION
1 min • Ungraded
One word that best describes your mood right now
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What are direct costs?
Expenses for running a business
Costs from shared suppliers
Expenses for producing a product or service
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is the purpose of using an expenditure tree?
To categorise direct costs
To analyse shared suppliers' costs
To manage indirect costs effectively
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
In category management, the Pareto Principle suggests that:
20% of suppliers account for 20% of spend.
80% of suppliers account for 80% of spend.
20% of suppliers account for 80% of spend.
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is the purpose of Pareto analysis in category management?
To identify all suppliers for evaluation.
To maximise transactions.
To prioritise cost reduction or value maximisation.
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is the purpose of the Kraljic matrix?
To analyse customer preferences
To maximise purchasing power through portfolio analysis
To evaluate financial risk in procurement
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What does the Kraljic matrix help procurement professionals determine?
Market demand for products
Pricing strategies for suppliers
Supplier partnership strategies
Create a free account and access millions of resources
Similar Resources on Wayground
10 questions
L4M1 Scope and Influence of Procurement and Supply Recap Week 3

Quiz
•
Professional Development
15 questions
DDM MCQ

Quiz
•
Professional Development
10 questions
L4M7 Whole Life Asset Management Recap Week 1

Quiz
•
Professional Development
15 questions
Unit 203

Quiz
•
Professional Development
6 questions
Stakeholder Identification & Mgmt

Quiz
•
Professional Development
10 questions
L4M3 Commercial Contracting Recap Week 3

Quiz
•
Professional Development
10 questions
L3M3 Contract Administration Recap Week 2

Quiz
•
Professional Development
10 questions
ITIL Know the purpose 15 ITIL practices

Quiz
•
Professional Development
Popular Resources on Wayground
18 questions
Writing Launch Day 1

Lesson
•
3rd Grade
11 questions
Hallway & Bathroom Expectations

Quiz
•
6th - 8th Grade
11 questions
Standard Response Protocol

Quiz
•
6th - 8th Grade
40 questions
Algebra Review Topics

Quiz
•
9th - 12th Grade
4 questions
Exit Ticket 7/29

Quiz
•
8th Grade
10 questions
Lab Safety Procedures and Guidelines

Interactive video
•
6th - 10th Grade
19 questions
Handbook Overview

Lesson
•
9th - 12th Grade
20 questions
Subject-Verb Agreement

Quiz
•
9th Grade