Traditionally, the purchasing and acquisition process in organizations was simply based on generating purchase orders, with budgets made superficially, in search of products and services with the lowest possible prices. After several studies carried out, it became evident that acquisitions aimed only at the lowest prices were often more onerous for the company.
One of the strategies used today in the market is known as Strategic Sourcing. This new model seeks to make the purchasing sector more strategic, considering other variables that influence the total cost, in addition to the purchase price of the inputs and services.
One of the most used tools in Purchasing Management is the so-called Kraljic Matrix. Like the practice of Strategic Sourcing aimed at a more strategic purchasing management, it is important that the information is organized in a clear and detailed way so that analyses and decision-making can be carried out. Thus, the Kraljic Matrix allows us to have this vision, classifying the items according to the risks and impacts on the company. The 4 categories that make up the Kraljic Matrix are:
- Leverable items: these are items with low volume but with high added value.
- Strategic Items: these are the most important items, they have a high value and also a high impact on the production process.
- Non-Critical Items: these are the items that represent the highest volume of purchases, and are easily purchased with high availability from suppliers.
- Bottleneck items: these are the items that are difficult to purchase, as there is a risk of not being available. They represent a low financial impact.
O Strategic Sourcing it considers both internal and external costs in the acquisition of inputs, that is, planning allows us to better know the suppliers, the service levels, the availability of materials, the cost of storage, and other factors that impact the business itself.
The implementation of Strategic Sourcing provides numerous advantages related to the acquisition of materials, influencing the total cost of the complete purchasing process. Among the advantages of Strategic Sourcing, we can cite:
Better negotiations
New suppliers
Partnerships with suppliers
More transparent process
Price standardization
Inventory control
Our team has extensive experience in consulting projects and implementing the practice of Strategic Sourcing, in addition to specific training on the subject. Contact TATICCA — ALLINIAL GLOBAL, which provides integrated auditing, accounting, tax, corporate finance, financial advisory, risk advisory, technology, business consulting and training services. For more information, visit www.taticca.com.br or email taticca@taticca.com.br. Our company has professionals with extensive experience in the market and has certified methodologies for carrying out activities.
