With reference to strategic sourcing,the portfolio model is
A)the result of the sheer volume of spend for a particular item.
B)used to determine cost discounts targets for different suppliers.
C)a framework for making purchasing-related decisions.
D)used to make investment decisions in supplier assets.

Question

Quizplus · Accepted Answer

The portfolio model is a framework for making purchasing-related decisions, helping organizations categorize and manage their spend effectively across different categories and suppliers.

With Reference to Strategic Sourcing,the Portfolio Model Is