Over-processing. Spending hours negotiating a 2% saving on paper clips. The Strategy: Simplify & Automate.
Armed with this new understanding, the procurement team at XYZ Inc. developed a tailored procurement strategy for each quadrant:
These items have a low financial value but present high supply risk. They are often specialized components with few suppliers or items subject to unpredictable supply chains. Examples include specialized spare parts or proprietary technological components.
The matrix operates on two primary dimensions:
Examples: Standard office supplies, janitorial services, basic MRO (Maintenance, Repair, Operations) parts.
Over-processing. Spending hours negotiating a 2% saving on paper clips. The Strategy: Simplify & Automate.
Armed with this new understanding, the procurement team at XYZ Inc. developed a tailored procurement strategy for each quadrant: procurement strategy matrix
These items have a low financial value but present high supply risk. They are often specialized components with few suppliers or items subject to unpredictable supply chains. Examples include specialized spare parts or proprietary technological components. Over-processing
The matrix operates on two primary dimensions: basic MRO (Maintenance
Examples: Standard office supplies, janitorial services, basic MRO (Maintenance, Repair, Operations) parts.