They missed out on volume discounts for high-spend materials because they were too busy managing "fire drills." The Solution: The Kraljic Matrix Knowing she needed a better way to segment suppliers by risk and business impact , Sarah downloaded a Kraljic Matrix Excel template
: The Chartered Institute of Procurement & Supply (CIPS) provides detailed background on the methodology to ensure your template's criteria are aligned with industry standards. kraljic matrix excel template
: These have limited supply options. The priority is securing volume and seeking alternative suppliers to mitigate risk. They missed out on volume discounts for high-spend
Manual plotting is subjective. A robust Excel template uses formulas to automatically calculate the X/Y coordinates based on weighted scoring models (e.g., "Supplier dependency = 8/10"). As your risk scores change, the bubble moves automatically. Manual plotting is subjective