Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Is the risk/value quadrant proposed in the guidelines meant to replace supply positioning?

April 26, 2017guidelines meant positioning proposed quadrant replace risk supply value

0

Posted

Is the risk/value quadrant proposed in the guidelines meant to replace supply positioning?

1 Answer

0

Posted

Risk/value quadrants and supply positioning are two very different things. The quadrant model is used in a number of areas of procurement and business strategies in general and for this reason can be confusing. Supply positioning and supplier preferencing analysis are extremely useful quadrant tools to assist strategy development and should continue to be used where cost and risk warrant. The risk/value quadrant is designed as a guide to help you determine the level of planning effort and detail required for particular procurements.