Developing a Procurement Strategy - Krajlic Matrix (PowerPoint PPTX)

Organizations need to understand the difference between procurement and purchasing.

While purchasing relates to ordering the goods from some vendors, procurement is more of a strategic approach, creating the foundation and the guidelines for the purchasing officer or purchaser to know how to order the products the organization needs.

Indeed, depending on the part/product profile and its use as well as its supply risk, the procurement strategy will be different and will need a different approach.

In this presentation, we give you a high-level understanding of how to develop and design a procurement strategy using the Kraljic matric. This model is an easy-to-use model allowing for a quick review of the organization's part list and categorizes them clearly into the best way to handle the procurement.
Once developed, purchasers will only have to follow the strategy to get things done and manage their vendors accordingly.

Don't hesitate to contact us should you need more information.