A partnership relationship in portfolio analysis is appropriate for which category of procurement?
A.
Strategic security
B.
Tactical profit
C.
Tactical acquisition
D.
Strategic critical
The Answer Is:
D
This question includes an explanation.
Explanation:
Comprehensive and Detailed Explanation:
In the context of portfolio analysis, particularly using the Kraljic Matrix, procurement items are categorized based on their profit impact and supply risk.Strategic criticalitems are those with high profit impact and high supply risk. These items are vital to the organization's operations and often have limited suppliers, making them critical to secure.
For such items, developing apartnership relationshipis appropriate. This involves close collaboration, mutual trust, and long-term commitment between the buyer and supplier to ensure reliability, innovation, and continuous improvement.
[Reference:, "Strategic items are high value and high risk... The buyer should seek to develop a partnership relationship with the supplier."— CIPS L4M6 Study Guide, , ]
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