Description
Solution
In sourcing strategy, suppliers involvement is essential as their interest and power influence their successful inclusion in the organisation sourcing strategy (Dong et al., 2022). The analysis of this can follow the Mendelow Matrix tool as illustrated in the following;
Figure 1:Mendelow Matrix Analysis summary
Source: Goel et al. (2020)
To summarise, in the figure 7 illustration, it is important noting the high-power and low interest amongst the stakeholders include the involved accounts, regulatory teams and KSA administration who need to have satisfaction of the sourcing strategy in use. For the construction and research and development teams, they exercise immense power in the selection of the sourcing strategy. This is by pursuing a holistic analysis of the sourcing strategy being used. The investment and management stakeholders possess different views and opinions in terms of most appropriate strategy for harmonising entire interests. The less the power and also interest in the sourcing of design buildings, the best sourcing strategy is used (Goel et al., 2020). The interests of these stakeholders are ensuring that the entire documentation and process of tendering is in order with entire challenges mitigated…
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