Buy-Grid Model

Delving into the world of business strategy, Part 3 from the 'Business Strategies and Frameworks' compilation presents the 'Buy-Grid Model' slide. This slide aids in understanding different procurement processes, from the initial phase of identifying a need to the final step of reviewing performance. It also brings clarity to the 'buy phase', distinguishing among new tasks, modified rebuy, and straight rebuy. This model is proficient in defining the need and specifying solutions by identifying suitable suppliers and soliciting proposals. It is an invaluable resource for anyone looking to streamline procurement and purchasing workflows.