Kraljic Matrix – Supplier Plotting in Procurement

📚 This video is part of our Junior Procurement Management Course: https://procurementtactics.com/junior-procurement-management-course/ Before crafting a winning sourcing strategy, financial analysis is crucial. In this video, we'll dive into portfolio analysis, a strategic approach that evaluates and manages sourcing options and suppliers as a collective portfolio. Using the Kraljic Matrix, we’ll explore how to categorize procurement groups, products, and suppliers into four key quadrants: Bottleneck, Leverage, Non-Critical, and Strategic. Each quadrant reveals a unique strategy to optimize supplier relationships and drive better procurement outcomes. Ready to enhance your procurement tactics? Let’s get started! 📖Chapters: 0:00 Introduction 1:00 Overview of Kraljic Matrix 1:39 Phase One: Reflection 6:15 Phase Two: Determining Bargaining Position 7:58 Phase Three: Identifying Opportunities 9:21 Phase Four: Crafting an Action Plan 10:27 Real-World Example: Getir's Procurement Strategy 10:54 Conclusion Answer this question in the comment section: How will you apply the Kraljic Matrix to optimize your sourcing strategy? Video Tutorial + The Kraljic Template: https://youtu.be/btewog04OOk #procurementstrategy #kraljicmatrix #portfolioanalysis #strategicsourcing #financialanalysis