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Represent the total annual spend

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Reference no: EM131247392

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, calculate the percent of spend for each category.
  • Classify each spend category as either low or high complexity and summarize your reasoning.
  • Create a 2x2 Risk/Value matrix showing each of the five spend categories. Explain why you placed each item in the selected category.

Reference no: EM131247392

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