Peter Kraljic (Consultant)

Peter Kraljic is a consultant best known for his work in supply chain management and strategic purchasing. He developed the Kraljic Matrix, a tool that helps organizations categorize their suppliers and products based on two main factors: the impact on profits and the supply risk. This matrix enables companies to prioritize their purchasing strategies, manage supplier relationships more effectively, and optimize their procurement processes. By understanding these dynamics, businesses can make more informed decisions, reduce costs, and mitigate risks associated with their supply chains.