Description
Solution
3.0 Category Analysis used to Sourcing Approach
3.1 Kraljic Matrix Analysis
As part of category analysis of sourcing approach, Kraljic Matrix can be employed (Perdana & Mulyono, N2021). Considering ROSHN organisation case, various sourcing strategies, classification of appropriate suppliers products and services, weak areas and how to reduce supply chain disruptions.
Figure 1:Kraljic Matrix Analysis Summary
Source: Lenarčič and Faganel (2021)
For the leverage items, different suppliers are available as an alternative. This category hence best adopt multiple sourcing strategy. The Design Building category is positioned in this category where multiple sourcing enhances strategic relations with risks of buyers reduced. This is different from strategic items which encounter issues with suppliers switching and important for managing all costs (Charles & Ochieng, 2023). For this category it is used in ROSHN in facilitating resourcing planning for identifying the entire risks encountered.
Considering the bottleneck items category,……..
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- Organisation achievement owing to automation of their supply chain, increased confidence and capability, talent management, and employee competency
- Improved stakeholders relations (a later section of stakeholders analysis) easing the change process. Through the iSourcing improvement, WPC would be in a position of harnessing technical and commercial evaluation processes.
- Increased and robust systems and policies which mitigate overall gaps in sourcing system transformation
- Today, only lower than 10% of the entire WPC resources are used to prioritize automation and IT integration successfully. Automation would improve the use of resources in their operations
- Involve their IT and finance departments to ensure within a period of 6 months they
- WPC needs to consider embracing sustainable practices as part of investing in their Industry 4.0 technologies
- Through the adoption of automation, better communication systems backed by AI and ML would be introduced to achieve 70% increased communication effectiveness.
- It is important to increase this through increasing collaboration and alignment of all their interests holistically
- Partnering with institutions for the provision of capacity development opportunities for the PS&M teams and other organizations for the success of the automation process
- Expanding their sourcing of Industry 4.0 technologies. This is to involve highly reputable global companies hence efficient operations and integration of AI
- Source of support from the government to ensure that they are facilitated in terms of policies and appropriate regulations to guide the automation process.