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The article offers a practical guide to using the Kraljic Matrix for MSMEs, showing how to categorize suppliers based on supply risk and business impact to make smarter procurement decisions. It connects each quadrant to real strategies—like hedging steel price volatility, leveraging GeM tender rules, securing BNPL credit for bottlenecks, and integrating ESG into strategic sourcing. With examples from Indian industries and tools like BI dashboards, the piece repositions the matrix as a living decision framework—empowering MSMEs to balance cost, risk, and compliance with clarity and confidence.

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Do lenders ask for a minimum turnover in the business loan eligibility criteria? Is there a minimum turnover for short- term business loan What is the minimum turnover for a long - term business loan? Learn about the minimum turnover for a business loan both short-term and long-term specified by lenders in India.

Nov 28, 2023

What is logistics engineering? How does it focus on optimising the movement of goods/services? Read on to know more about the meaning of logistics engineering, and how it helps in streamlining logistics operations. It includes various logistics activities such as inventory management, warehousing, and efficient transportation management, ensuring that all products are delivered in the most efficient manner possible, on time and at the lowest cost.

Nov 28, 2023

Containerised transportation simply refers to transporting goods in standardised containers. This method of packing the products into a container for shipping has revolutionised global trade, easing the import and export of goods and materials for companies. Containerised transport has contributed to cost effective shipping practices while improving delivery times.

Nov 24, 2023

The 20 feet steel pipe price in India depends on MS pipe price per kg, grade, size, and whether it is ERW, GI, or seamless. Most suppliers quote the 6 meter pipe price per kg, and buyers must add 18% GST and freight to calculate landed cost. Let us understand how pipe weight calculation and smart sourcing help you get the best steel pipe rates in India.

Last updated on: Feb 23, 2026
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