Asked by Alaina Warburton on Jul 27, 2024
Verified
Portfolio or quadrant analysis may be used to develop longer-term strategies for moving categories of spend into a more desirable location on the spend map.
Portfolio Analysis
The evaluation of the performance and composition of a collection of investments, projects, or products to make strategic decisions.
Spend Map
A tool or document used in procurement and supply chain management to visualize and analyze an organization's spending patterns, helping with strategic planning and savings identification.
- Comprehend the use of portfolio or quadrant analysis in developing supply strategies.
Verified Answer
SS
Sukhraj SinghJul 28, 2024
Final Answer :
True
Explanation :
Portfolio or quadrant analysis is a tool used to analyze spend categories based on their level of importance and the level of supply market complexity. This analysis is useful for developing longer-term strategies for spend management and potentially moving spend categories into a more desirable location on the spend map.
Learning Objectives
- Comprehend the use of portfolio or quadrant analysis in developing supply strategies.
Related questions
In the Portfolio Matrix,characteristics of Goods and Services in the ...
Which One of the Following Is NOT One of the ...
The Key Question in Strategic Supply Management Is ...
Which of the Following Factors About a Competitor Is LEAST ...
The ________ Curve Describes the Relationship Between Tax Rates and ...