Peter Kraljic first published his Portfolio Purchasing Model in a paper entitled ‘Purchasing Must Become Supply Management’ in the Harvard Business Review in September of which year?

Peter Kraljic first published his Portfolio Purchasing Model in a paper entitled ‘Purchasing Must Become Supply Management’ in the Harvard Business Review in September of which year?
A . 1943
B . 2013
C . 1983
D . 2003

View Answer

Answer: C

Explanation:

It was in 1983.

The original paper is available for purchase for a very modest fee from the Harvard Business Review website. The original paper is lucid, thought-provoking and in my opinion desirable reading for any-one who wishes to seriously learn about procurement. Especially tutors of procurement – ask your CIPS tutor if they’ve read the original work!

If you’re having trouble understanding what some of all this ‘Kraljic talk’ is about, treat yourself for $5 to the original work – the matrix has since been much discussed and developed, but is widely misunderstood, even by many who should know better. Professor Kraljic will appreciate the royal-ties. 🙂