CIPS Exam L4M8 Topic 13 Question 40 Discussion

Actual exam question for CIPS's L4M8 exam

Question #: 40
Topic #: 13

[All L4M8 Questions]

What are the four quadrants within the Kraljic portfolio matrix?

AExplanation:
At the early stages In procurement and supply cycle, buyers begin segmenting current supplies in the categories, depending on their level of integration into the organization. To help get this done, the buyer may use the Kraljic portfolio matrix. The kraljic portfolio matrix segment suppliers into four categories, which are;
1) Routine 2) Bottleneck 3) Leverage 4)strategic supplier
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Suggested Answer: A

by Darrel at Jul 12, 2024, 09:49 PM

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Lemuel

1 months ago

Ah, the Kraljic matrix, the bane of procurement professionals everywhere. At least they're not asking about the Boston Matrix too!

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Jesus

1 months ago

Easy peasy! Routine, Bottleneck, Leverage, and Strategic. I've got this down pat. Time to ace this exam!

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Jennie

7 days ago

Routine suppliers are low risk, while strategic suppliers are high risk but high reward.

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Dorinda

10 days ago

I remember studying those categories. They help in analyzing and managing suppliers effectively.

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Rana

26 days ago

That's right! Routine, Bottleneck, Leverage, and Strategic are the four quadrants within the Kraljic portfolio matrix.

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Rosann

2 months ago

The four quadrants make sense, but I'm not sure I fully understand the differences between them. I'll need to review the explanations again to make sure I can distinguish them properly.

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