Peter Kraljic

Peter Kraljic is known for developing the Kraljic Matrix, a strategic tool used in supply chain management. This framework helps businesses categorize their suppliers and products based on two key dimensions: the complexity of the supply market and the importance of the purchase to the company. By analyzing these factors, companies can determine the best approach to manage their supplier relationships, optimizing costs and mitigating risks. This strategic insight allows organizations to enhance their procurement efficiency and make informed decisions that align with their overall business objectives.