Answered You can hire a professional tutor to get the answer.
QUESTION
The purchasing manager has provided the following information for your use:
The purchasing manager has provided the following information for your use:
Spend Category
Amount Thousands US$
Number of Suppliers
Production Machinery
170
2
Maintenance
20
10
Hardware
3
10
Sheet Metal
23
7
Electronic Components
288
5
- Assuming that the amounts shown represent the total annual spend (Amount/Total Amount) calculate the percent of spend for each category.
- Classify each spend category as either low or high complexity and summarize your reasoning.
- Make a 2x2 Risk/Value matrix showing each of the five spend categories placed in either "High" or "Low" Risk group.
- Explain why you placed each item in the selected c
