05/17/2023
It's been 40 years since Peter Kraljic proposed his revolutionary Kraljic Matrix for procurement that not only has retained its relevance over the years but has gained significance in these times of frequent supply chain disruptions.
So it's worth taking a moment to look back at the basics and identify the areas where you can improve your procurement process.
Here's the Kraljic Matrix that's stood the test of time:
https://www.bellwethercorp.com/blog/the-kraljic-matrix-for-procurement/
The Kraljic Matrix helps companies to use to minimize their procurement vulnerabilities while simultaneously maximizing the buying power.