Sourcing: supplier selection and Kraljic matrix

SOURCING

1. Seeking, identifying, selecting, and approving suppliers of goods and services.

   • Tactical
     • Low risk, non critical items. Short term.

2. strategic

   • High risk, strategic item. Long term
     • Kralijic Analysis, Bottleneck! Routine! strategic! Leverage
       • Kralijic matrix

3. Sourcing process

   • Identify, develop plan, market analysis, PQQ, Evaluation, Contract
     • Criteria for appraisal, Technical, Financial, Commercial, Enviro/ethical
       • Ray Carter's 10Cs

4. Sources of info

   • Database, RFI, Internet, auctions site, stocklist, Trade journals, trade fairs

5. Sole sourcing, single, dual, multiple

   • Tendering Procedures - open, selective, restricted,negotiated
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