K

key performance indicator

A measurable value used to evaluate the success of an organization in reaching its procurement or financial goals.

KPI

knock out

A screening question that automatically disqualifies a candidate if they provide a specific answer.

KO

known traveler number

An identification number for trusted traveler programs like TSA PreCheck, added to a travel profile.

KTN

Kraljic matrix

A framework used to develop category strategy where the X-axis represents supply vs demand balance and the Y-axis represents the impact on the business, including quadrants for strategic, leverage, bottleneck, and non-critical.