SCMT$1-007/$ The image below represents the Strategic Sourcing Matrix, which is used to help determine the best approach to sourcing materials and supplies. "Leverage" items can have an impact on product cost and profitability. They are generally available from multiple suppliers so there is less risk and complexity in sourcing. What would be a more likely strategy for sourcing "Leverage" items.

Complexity of Market; e$.$ g$.,$ High risk, rapid technology change, high entry barriers

Figure $2-1$: Strategic Sourcing Matrix

Buying the supplier to insure availability.

Sourcing from multiple suppliers to help maintain supply availability.

Establishing a strategic partnership with the suppling firm to help insure availability.

Supply base reduction to consolidate purchases and negotiate lower prices.