Which of the following characteristics is a quadrant in the purchasing portfolio approach (Kraljic Portfolio)?
A) New products.
B) Routine products.
C) Availability.
D) Old products.

Question

Which of the following characteristics is a quadrant in the purchasing portfolio approach (Kraljic Portfolio)? 
A) New products. 
B) Routine products. 
C) Availability. 
D) Old products.

Quizplus · Accepted Answer

The quadrant in the purchasing portfolio approach (Kraljic Portfolio) that is associated with routine products is the best answer. The Kraljic Portfolio is a model used to categorize a company's purchasing portfolio into four different quadrants based on two dimensions, supply risk and profit impact. The two dimensions are evaluated based on high/low classification. The four quadrants are labeled as follows: strategic items, bottleneck items, non-critical items, and routine items. Routine items are those products or services that are commonly available, and the supply chain risk is low. These products are usually available from numerous sources, which makes the market highly competitive, and pricing is usually stable.

Which of the Following Characteristics Is a Quadrant in the Purchasing