Segmentation is the ability to define several measures that are linked to how important a vendor/supplier is to the organisation and how large an impact it would be if they were to fail or be unable to continue to supply said products or services.

Nick Francis, Chief Technology and Marketing Office at Brooklyn Solutions, shares his recommendations about why segmentation should be considered a core process of your VMO (Vendor Management Office).

Find out:

• Why you should segment your suppliers.
• What are the Kraljic Matrix and the Kenton supply models?
• How supplier criticality and complexity can be used to bucket your suppliers/vendors.
• How frequently your VMO should contact your suppliers

Link to more information about the Kraljic Matrix and the Kenton supply model.