Matrix: Strategic Sourcing
Process automation, supplier consolidation, and framework contracts.
Assesses how difficult the item is to source, factoring in supplier scarcity, market volatility, and the complexity of logistics or technology. The Four Quadrants and Their Strategies strategic sourcing matrix
The matrix is a simple 2x2 grid. To place your products or services, you must answer two fundamental questions: factoring in supplier scarcity
The Strategic Sourcing Matrix isn't just a tool; it's a mindset. It forces procurement to stop acting like a simple purchasing department and start acting like a risk management engine. strategic sourcing matrix