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  2. Kraljic matrix - Wikipedia

    en.wikipedia.org/wiki/Kraljic_matrix

    In supply chain management, the Kraljic matrix (or Kraljic model) is a method used to segment the purchases or suppliers of a company by dividing them into four classes, based on the complexity (or risk) of the supply market (such as monopoly situations, barriers to entry, technological innovation) and the importance of the purchases or suppliers (determined by the impact that they have on the ...

  3. Strategic sourcing - Wikipedia

    en.wikipedia.org/wiki/Strategic_sourcing

    Strategic sourcing is the process of developing channels of supply at the lowest total cost, not just the lowest purchase price.It expands upon traditional organisational purchasing activities to embrace all activities within the procurement cycle, from specification to receipt, payment for goods and services [1] to sourcing production lines where the labor market would increase firms' ROI. [2]

  4. Aldi - Wikipedia

    en.wikipedia.org/wiki/Aldi

    Aldi Süd is made up of 24 companies with 2,000 stores. The border between their territories is commonly known as the Aldi-Äquator (lit. ' Aldi equator ') [35] [36] and runs from the Rhine via Mülheim an der Ruhr, Wermelskirchen, Marburg, Siegen, and Gießen east to just north of Fulda.

  5. Pricing strategies - Wikipedia

    en.wikipedia.org/wiki/Pricing_strategies

    A business can use a variety of pricing strategies when selling a product or service. To determine the most effective pricing strategy for a company, senior executives need to first identify the company's pricing position, pricing segment, pricing capability and their competitive pricing reaction strategy. [ 1 ]

  6. Purchasing - Wikipedia

    en.wikipedia.org/wiki/Purchasing

    Purchasing departments, while they can be considered as a support function of the key business, are actually revenue generating departments. For example, if the company needs to buy US$30 million of widgets and the purchasing department secures the widgets for $25M USD, the purchasing department would have saved the company $5M USD.

  7. Foreign market entry modes - Wikipedia

    en.wikipedia.org/wiki/Foreign_Market_Entry_Modes

    A firm may need to acquire knowledge and expertise of the existing market by third parties, such consultant, competitors, or business partners. This entry strategy takes much more time due to the need of establishing new operations, distribution networks, and the necessity to learn and implement appropriate marketing strategies to compete with ...

  8. Porter's five forces analysis - Wikipedia

    en.wikipedia.org/wiki/Porter's_five_forces_analysis

    A graphical representation of Porter's five forces. Porter's Five Forces Framework is a method of analysing the competitive environment of a business. It draws from industrial organization (IO) economics to derive five forces that determine the competitive intensity and, therefore, the attractiveness (or lack thereof) of an industry in terms of its profitability.

  9. Industrial market segmentation - Wikipedia

    en.wikipedia.org/wiki/Industrial_market_segmentation

    However, they may be feasible to measure only in high-capital, high-expense businesses such as corporate banking or aircraft business due to high cost associated with compiling the desired data. “There are serious concerns in practice regarding the cost and difficulty of collecting measurements of these micro-segmentation characteristics and ...

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