# How Does the Kraljic Matrix Inform the Decision to Use an Rfq Model? ▴ Question

**Published:** 2025-08-09
**Categories:** Question

---

![Abstract spheres on a fulcrum symbolize Institutional Digital Asset Derivatives RFQ protocol. A small white sphere represents a multi-leg spread, balanced by a large reflective blue sphere for block trades](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-protocol-dynamic-balance-for-optimal-high-fidelity-execution.jpg)

![Intersecting sleek conduits, one with precise water droplets, a reflective sphere, and a dark blade. This symbolizes institutional RFQ protocol for high-fidelity execution, navigating market microstructure](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-execution-framework-optimizing-latent-liquidity-discovery-and-atomic-settlement-protocols.jpg)

## Concept

The inquiry into how the [Kraljic Matrix](https://prime.greeks.live/area/kraljic-matrix/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite) informs the deployment of a [Request for Quote](https://prime.greeks.live/area/request-for-quote/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite) (RFQ) model is fundamentally a question of systemic alignment. It moves past simple definitions of procurement tactics into the realm of strategic architecture. At its core, this is about how a classification system for risk and value dictates the selection of a specific communication protocol for price discovery. An organization’s procurement portfolio is not a homogenous collection of needs; it is a varied landscape of strategic imperatives, operational dependencies, and financial exposures.

Treating every purchase with a uniform approach leads to value leakage and unmitigated risk. The [Kraljic Matrix provides](https://prime.greeks.live/question/how-does-the-kraljic-matrix-inform-the-weighting-of-rfp-versus-rfq-criteria/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite) the essential cartography for this landscape.

Developed by Peter Kraljic, the matrix is a diagnostic tool. It compels a disciplined assessment of every purchased item or service along two critical axes ▴ [profit impact](https://prime.greeks.live/question/how-does-a-ccps-for-profit-status-impact-its-risk-management-incentives/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite) and supply risk. The vertical axis, profit impact, quantifies an item’s significance to the organization’s bottom line. This can be a function of its percentage of total spend, its effect on product quality, or its role in delivering a core value proposition.

The horizontal axis, supply risk, evaluates the vulnerability of the supply market. This includes factors like the number of available suppliers, market complexity, logistical challenges, and the potential for supply disruption. The intersection of these two axes creates a four-quadrant grid, each demanding a distinct strategic posture. These quadrants are typically labeled Non-Critical, Leverage, Bottleneck, and Strategic.

The [RFQ model](https://prime.greeks.live/area/rfq-model/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite), in this context, is not merely a tool for getting prices. It is a specific, structured protocol for engaging with the supply market. It functions as a bilateral or multi-dealer price discovery mechanism, designed for situations where value is best determined through targeted, competitive solicitation rather than through open-market orders or long-term contracts alone. The decision to initiate an [RFQ](https://prime.greeks.live/area/rfq/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite) is therefore a strategic choice, and the Kraljic Matrix provides the foundational logic for making that choice with precision.

It translates the abstract concepts of “risk” and “value” into a concrete operational mandate, indicating which items possess the specific characteristics that warrant the deployment of a formal quote solicitation process. Understanding this linkage is the first step in designing a procurement system that is both resilient and commercially optimized.

![A light sphere, representing a Principal's digital asset, is integrated into an angular blue RFQ protocol framework. Sharp fins symbolize high-fidelity execution and price discovery](https://options.greeks.live/wp-content/uploads/2025/07/principals-core-asset-rfq-protocol-framework-for-digital-derivatives.jpg)

![Interconnected, sharp-edged geometric prisms on a dark surface reflect complex light. This embodies the intricate market microstructure of institutional digital asset derivatives, illustrating RFQ protocol aggregation for block trade execution, price discovery, and high-fidelity execution within a Principal's operational framework enabling optimal liquidity](https://options.greeks.live/wp-content/uploads/2025/07/precision-geometric-prisms-reflecting-institutional-digital-asset-derivatives-rfq-price-discovery-and-optimized-execution-market-microstructure.jpg)

## Strategy

![A precision-engineered, multi-layered mechanism symbolizing a robust RFQ protocol engine for institutional digital asset derivatives. Its components represent aggregated liquidity, atomic settlement, and high-fidelity execution within a sophisticated market microstructure, enabling efficient price discovery and optimal capital efficiency for block trades](https://options.greeks.live/wp-content/uploads/2025/08/institutional-digital-asset-derivatives-rfq-protocol-engine.jpg)

## Mapping Procurement Protocols to the Four Quadrants

The strategic utility of the Kraljic Matrix becomes manifest when its diagnostic classifications are used to govern the selection of sourcing protocols. Each quadrant represents a unique combination of risk and value, demanding a tailored engagement strategy. A one-size-fits-all approach is inefficient at best and value-destructive at worst.

The RFQ model, with its defined structure for soliciting competitive bids from a select group of suppliers, is a powerful instrument, but its application must be precise. Its deployment is most potent when aligned with the specific commercial dynamics of the items being procured.

![Translucent geometric planes, speckled with micro-droplets, converge at a central nexus, emitting precise illuminated lines. This embodies Institutional Digital Asset Derivatives Market Microstructure, detailing RFQ protocol efficiency, High-Fidelity Execution pathways, and granular Atomic Settlement within a transparent Liquidity Pool](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-rfq-protocol-market-microstructure.jpg)

## Leverage Items High Profit Impact Low Supply Risk

Items falling into the Leverage quadrant present a significant opportunity for value capture. These are products or services that have a high impact on profitability, often due to high volume or spend, but exist in a market with abundant and competitive supply (low supply risk). The strategic imperative here is to optimize purchasing terms and maximize commercial advantage. The market structure, characterized by multiple capable suppliers, creates an environment where competitive tension can be systematically applied.

> The abundance of suppliers for high-value Leverage items makes the RFQ model an ideal tool for driving competitive price discovery.

This is the natural habitat for the RFQ model. The protocol allows the buying organization to orchestrate a competitive bidding process among a pre-vetted group of suppliers. By soliciting quotes for a specified quantity and quality, the buyer can directly compare offers and secure the most favorable terms.

The low supply risk diminishes the need for deep, long-term strategic partnerships, allowing the focus to shift toward achieving the best possible price and service levels for each transaction or short-term contract. The use of an RFQ in this quadrant is a direct execution of a strategy centered on exploiting the organization’s buying power in a competitive market.

![A dark, precision-engineered module with raised circular elements integrates with a smooth beige housing. It signifies high-fidelity execution for institutional RFQ protocols, ensuring robust price discovery and capital efficiency in digital asset derivatives market microstructure](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-rfq-system-core-high-speed-price-discovery-module.jpg)

## Strategic Items High Profit Impact High Supply Risk

[Strategic items](https://prime.greeks.live/area/strategic-items/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite) are foundational to the organization’s success. They carry high profit impact and high supply risk, often due to their complexity, scarcity, or the specialized nature of the supply market. The goal here transcends simple cost reduction; it is about ensuring supply continuity, fostering innovation, and building collaborative, long-term relationships with key suppliers. The supply base is limited, and the risk of disruption is significant.

While a transactional RFQ might seem ill-suited for this quadrant, a more sophisticated application of the quote solicitation protocol can be highly effective. Here, the RFQ is not just a pricing tool but a structured mechanism for exploring capabilities, service-level agreements, and long-term partnership proposals. The process may involve multiple rounds, detailed specifications, and extensive dialogue. The RFQ serves as the formal framework for a deep, bilateral or multi-lateral negotiation.

It can be used to compare not just price, but also technological capabilities, risk mitigation plans, and joint development proposals from a small pool of highly qualified potential partners. The decision to use an RFQ here is informed by the need for a structured, auditable, and comprehensive evaluation process for a mission-critical procurement decision.

![Stacked, multi-colored discs symbolize an institutional RFQ Protocol's layered architecture for Digital Asset Derivatives. This embodies a Prime RFQ enabling high-fidelity execution across diverse liquidity pools, optimizing multi-leg spread trading and capital efficiency within complex market microstructure](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-protocol-stack-for-high-fidelity-execution.jpg)

## Bottleneck Items Low Profit Impact High Supply Risk

[Bottleneck items](https://prime.greeks.live/area/bottleneck-items/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite) present a peculiar challenge ▴ they have a low impact on the company’s overall profitability, but their absence can halt operations. Supply risk is high, often because of a monopoly or a highly specialized, niche market. The primary strategic objective for these items is to guarantee supply and mitigate the risk of disruption. Cost is a secondary concern to availability.

The standard [competitive RFQ](https://prime.greeks.live/area/competitive-rfq/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite) model is generally inappropriate for Bottleneck items. Issuing a competitive RFQ in a market with only one or two viable suppliers is a futile exercise that can damage the supplier relationship. Instead, the strategy focuses on securing supply through long-term contracts, holding buffer inventory, or exploring alternative materials or designs.

While a formal quote solicitation might be used to establish initial contract terms, the dynamic is one of negotiation and security, not competitive bidding. The Kraljic Matrix directs resources away from transactional sourcing and toward supply assurance activities for this category.

![A precision optical system with a reflective lens embodies the Prime RFQ intelligence layer. Gray and green planes represent divergent RFQ protocols or multi-leg spread strategies for institutional digital asset derivatives, enabling high-fidelity execution and optimal price discovery within complex market microstructure](https://options.greeks.live/wp-content/uploads/2025/07/prime-os-intelligent-core-driving-digital-asset-derivatives-rfq-protocols-high-fidelity-execution-across-diverse-liquidity-pools-for-optimal-price-discovery.jpg)

## Non-Critical Items Low Profit Impact Low Supply Risk

These items are characterized by low profit impact and low supply risk. They are necessary for operations but represent a small portion of spend and are readily available from a multitude of suppliers. The strategic goal for [Non-Critical items](https://prime.greeks.live/area/non-critical-items/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite) is to maximize process efficiency and minimize the administrative burden of procurement. The cost of the procurement process itself can easily outweigh the value of the items being purchased.

Deploying a formal RFQ process for these items is a misallocation of resources. The time and effort required to prepare specifications, issue quotes, evaluate bids, and award a contract are excessive for low-value, low-risk purchases. The matrix guides the organization toward automated, streamlined procurement channels. This includes using e-catalogs, procurement cards (P-cards), or blanket purchase orders.

The strategy is to simplify and automate, freeing up procurement professionals to focus on the higher-value activities in the Leverage and Strategic quadrants. The decision here is to consciously avoid the RFQ model in favor of more efficient transactional systems.

The following table illustrates the direct relationship between the Kraljic classification and the appropriate sourcing strategy, highlighting the specific role of the RFQ model.

| Kraljic Quadrant | Primary Strategic Goal | Appropriate Sourcing Protocol | Role of RFQ Model |
| --- | --- | --- | --- |
| Leverage | Maximize commercial gain; optimize price and terms. | Competitive Bidding, Auctions, Short-Term Contracts. | Primary tool for creating competitive tension and achieving price discovery. |
| Strategic | Ensure supply security; foster long-term partnerships. | Collaborative Alliances, Joint Ventures, Deep Integration. | Used as a structured framework for complex negotiations and capability assessment, not just price. |
| Bottleneck | Guarantee supply; mitigate disruption risk. | Long-Term Contracts, Inventory Management, Supplier Development. | Generally inappropriate; focus is on securing supply, not competitive bidding. |
| Non-Critical | Maximize process efficiency; minimize transactional cost. | E-Catalogs, P-Cards, Automated Ordering Systems. | Inappropriate and inefficient; a clear directive to avoid this protocol. |

![A futuristic metallic optical system, featuring a sharp, blade-like component, symbolizes an institutional-grade platform. It enables high-fidelity execution of digital asset derivatives, optimizing market microstructure via precise RFQ protocols, ensuring efficient price discovery and robust portfolio margin](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-prime-os-for-high-fidelity-rfq-execution-and-optimal-price-discovery.jpg)

![Three sensor-like components flank a central, illuminated teal lens, reflecting an advanced RFQ protocol system. This represents an institutional digital asset derivatives platform's intelligence layer for precise price discovery, high-fidelity execution, and managing multi-leg spread strategies, optimizing market microstructure](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-protocol-for-optimal-execution.jpg)

## Execution

![A central metallic bar, representing an RFQ block trade, pivots through translucent geometric planes symbolizing dynamic liquidity pools and multi-leg spread strategies. This illustrates a Principal's operational framework for high-fidelity execution and atomic settlement within a sophisticated Crypto Derivatives OS, optimizing private quotation workflows](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-protocol-execution-facilitating-high-fidelity-price-discovery-and-optimal-capital-efficiency-within-advanced-market-microstructure.jpg)

## An Operational Framework for Protocol Selection

Transitioning from strategic theory to operational execution requires a disciplined, data-driven process. The Kraljic Matrix provides the map, but the procurement organization must build the vehicle to navigate it. This involves establishing clear criteria for classifying items, defining triggers for specific sourcing protocols, and embedding this logic into the day-to-day procurement workflow. The goal is to create a system where the decision to use an RFQ, or any other sourcing tool, is the logical output of a rigorous and consistent analytical process.

![Intersecting translucent planes with central metallic nodes symbolize a robust Institutional RFQ framework for Digital Asset Derivatives. This architecture facilitates multi-leg spread execution, optimizing price discovery and capital efficiency within market microstructure](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-protocol-execution-framework.jpg)

## Step 1 Classifying the Procurement Portfolio

The foundational step is the systematic classification of all significant purchased goods and services. This is not a one-time event but a continuous process of review and refinement. The two primary dimensions, profit impact and supply risk, must be broken down into quantifiable metrics.

- **Profit Impact Analysis** can be measured through factors such as ▴ Annual Spend Volume, Percentage of Total Cost of Goods Sold (COGS), Impact on Final Product Quality, and Criticality to Service Delivery.

- **Supply Risk Analysis** involves evaluating ▴ Number of Credible Suppliers, Market Complexity (e.g. price volatility, technological change), Logistical Complexity and Lead Times, and Ease of Substitution.

Each factor can be scored on a scale (e.g. 1-5), and a weighted average can be used to plot each item onto the matrix. This quantitative approach removes subjectivity and provides a clear, defensible basis for classification.

> A disciplined, quantitative approach to classifying procurement items is the bedrock of a strategy-led sourcing system.

Consider the following hypothetical classification of a technology firm’s procurement portfolio:

| Item/Service | Annual Spend | Profit Impact Score (1-5) | Supply Risk Score (1-5) | Kraljic Quadrant | Indicated Sourcing Protocol |
| --- | --- | --- | --- | --- | --- |
| Standard DRAM Memory Modules | $15,000,000 | 4.5 | 1.8 | Leverage | Competitive RFQ / Reverse Auction |
| Custom ASIC Chipset | $8,000,000 | 4.8 | 4.9 | Strategic | Collaborative Negotiation / Partnership RFQ |
| Specialized Power Supply Units | $500,000 | 2.1 | 4.5 | Bottleneck | Long-Term Supply Agreement / Inventory Buffering |
| Office Stationery | $150,000 | 1.2 | 1.1 | Non-Critical | Automated Catalog Purchase (P-Card) |

![Intersecting metallic structures symbolize RFQ protocol pathways for institutional digital asset derivatives. They represent high-fidelity execution of multi-leg spreads across diverse liquidity pools](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-protocol-framework-optimizing-multi-leg-spreads-and-liquidity-aggregation-for-best-execution.jpg)

## Step 2 Defining Protocol Triggers and the RFQ Workflow

Once items are classified, the system must define the specific triggers that initiate a given sourcing protocol. For items in the Leverage quadrant, the trigger for an RFQ is often a recurring demand signal or the expiration of a short-term contract. The execution of the RFQ itself follows a clear, multi-stage process.

The following outlines a standard operational playbook for a Leverage-item RFQ:

- **Specification Finalization** ▴ The internal technical and commercial requirements are documented. This includes precise details on performance, quality standards, delivery schedules, and service expectations. Ambiguity at this stage undermines the entire process.

- **Supplier Identification and Vetting** ▴ A list of potential suppliers is drawn from a pre-qualified database. For a Leverage item, the goal is to invite a sufficient number of bidders (typically 3-7) to ensure robust competition without creating an unmanageable evaluation process.

- **RFQ Issuance** ▴ The formal RFQ document is dispatched to the selected suppliers, typically through an e-sourcing platform. The document contains all specifications, terms and conditions, and a firm deadline for submission.

- **Bid Receipt and Normalization** ▴ As bids are received, they are checked for completeness. A critical step is normalization, where bids are adjusted to an “apples-to-apples” comparison, accounting for differences in shipping terms, payment cycles, or other commercial variables.

- **Evaluation and Award** ▴ Bids are evaluated against a pre-defined scoring matrix, which might weigh price as the primary factor (e.g. 70%) but also include technical compliance (20%) and delivery performance (10%). The contract is awarded to the supplier with the highest weighted score.

This structured workflow ensures that the strategic intent for [Leverage items](https://prime.greeks.live/area/leverage-items/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite) ▴ maximizing commercial advantage through competition ▴ is executed in a fair, transparent, and efficient manner. The Kraljic Matrix provides the initial directive, and this operational playbook provides the means to carry it out consistently.

For Strategic items, the RFQ process is substantially different. It is less about a single price point and more about establishing a comprehensive partnership agreement. The “RFQ” might be labeled a “Request for Partnership” and would include sections for co-investment, technology roadmaps, and shared risk models.

The evaluation is qualitative and consensus-driven, involving senior leadership from both the buying and supplying organizations. The matrix correctly identifies that a different kind of engagement is required, and the execution protocol must adapt accordingly.

![A central star-like form with sharp, metallic spikes intersects four teal planes, on black. This signifies an RFQ Protocol's precise Price Discovery and Liquidity Aggregation, enabling Algorithmic Execution for Multi-Leg Spread strategies, mitigating Counterparty Risk, and optimizing Capital Efficiency for institutional Digital Asset Derivatives](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-price-discovery-and-execution.jpg)

## References

- Kraljic, Peter. “Purchasing Must Become Supply Management.” _Harvard Business Review_, vol. 61, no. 5, 1983, pp. 109-117.

- Gelderman, Cees J. and Arjan J. van Weele. “Handling measurement issues and strategic directions in Kraljic’s portfolio matrix.” _Journal of Purchasing and Supply Management_, vol. 10, no. 4-5, 2004, pp. 207-216.

- Caniels, Marjolein C.J. and Cees J. Gelderman. “Purchasing strategies in the Kraljic matrix ▴ A power and dependence perspective.” _Journal of Purchasing and Supply Management_, vol. 11, no. 2-3, 2005, pp. 141-155.

- Montgomery, Douglas C. _Design and Analysis of Experiments._ John Wiley & Sons, 2017.

- O’Hara, Maureen. _Market Microstructure Theory._ Blackwell Publishers, 1995.

- Harris, Larry. _Trading and Exchanges ▴ Market Microstructure for Practitioners._ Oxford University Press, 2003.

- Kamann, Dirk-Jan F. and G. J. de Boer. “The Kraljic portfolio matrix and the organization of the purchasing function.” _International Journal of Logistics ▴ Research and Applications_, vol. 3, no. 1, 2000, pp. 1-14.

![A metallic ring, symbolizing a tokenized asset or cryptographic key, rests on a dark, reflective surface with water droplets. This visualizes a Principal's operational framework for High-Fidelity Execution of Institutional Digital Asset Derivatives](https://options.greeks.live/wp-content/uploads/2025/07/high-fidelity-institutional-digital-asset-derivatives-rfq-protocol-execution.jpg)

## Reflection

![A dark central hub with three reflective, translucent blades extending. This represents a Principal's operational framework for digital asset derivatives, processing aggregated liquidity and multi-leg spread inquiries](https://options.greeks.live/wp-content/uploads/2025/07/institutional-rfq-protocol-engine-for-high-fidelity-digital-asset-derivatives.jpg)

## From Matrix to Mechanism

The integration of the Kraljic Matrix with the RFQ model provides a powerful illustration of a core principle in systems design ▴ a robust classification architecture is the prerequisite for intelligent operational deployment. The matrix itself does not purchase anything. The RFQ protocol, in isolation, lacks strategic direction.

Value is created at their intersection, where a deep understanding of an item’s commercial DNA dictates the precise method of market engagement. This framework moves a procurement function from a reactive cost center to a proactive driver of commercial advantage and risk mitigation.

The true measure of this system is not its theoretical elegance but its practical resilience. How does the framework adapt to a sudden shift in market dynamics, transforming a Leverage item into a Bottleneck overnight? The answer lies in the continuous, data-driven reassessment of the portfolio, ensuring the strategic posture of the organization is always aligned with the realities of the supply landscape. The ultimate goal is an operational state of dynamic equilibrium, where the right tool is used for the right job, at the right time, as a matter of systemic design rather than individual intuition.

![Two smooth, teal spheres, representing institutional liquidity pools, precisely balance a metallic object, symbolizing a block trade executed via RFQ protocol. This depicts high-fidelity execution, optimizing price discovery and capital efficiency within a Principal's operational framework for digital asset derivatives](https://options.greeks.live/wp-content/uploads/2025/07/precision-execution-bridging-institutional-liquidity-pools-via-rfq-protocol-for-optimized-digital-asset-derivatives-price-discovery.jpg)

## Glossary

<a href="https://prime.greeks.live/area/request-for-quote/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![A precision-engineered central mechanism, with a white rounded component at the nexus of two dark blue interlocking arms, visually represents a robust RFQ Protocol. This system facilitates Aggregated Inquiry and High-Fidelity Execution for Institutional Digital Asset Derivatives, ensuring Optimal Price Discovery and efficient Market Microstructure](https://options.greeks.live/wp-content/uploads/2025/07/centralized-hub-for-institutional-digital-asset-derivatives-rfq-protocol-aggregated-inquiry-and-optimal-price-discovery.jpg)

## Request for Quote

Meaning ▴ A Request for Quote (RFQ), in the context of institutional crypto trading, is a formal process where a prospective buyer or seller of digital assets solicits price quotes from multiple liquidity providers or market makers simultaneously. </a><a href="https://prime.greeks.live/area/kraljic-matrix/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![A sleek, illuminated object, symbolizing an advanced RFQ protocol or Execution Management System, precisely intersects two broad surfaces representing liquidity pools within market microstructure. Its glowing line indicates high-fidelity execution and atomic settlement of digital asset derivatives, ensuring best execution and capital efficiency](https://options.greeks.live/wp-content/uploads/2025/07/principals-rfq-protocol-high-fidelity-execution-digital-asset-derivatives-market-microstructure-price-discovery-alpha-generation.jpg)

## Kraljic Matrix

Meaning ▴ The Kraljic Matrix, adapted for the crypto and institutional investing landscape, is a strategic framework used to categorize and manage procurement or counterparty relationships based on two key dimensions ▴ purchasing impact (profitability) and supply risk. </a><a href="https://prime.greeks.live/question/how-does-the-kraljic-matrix-inform-the-weighting-of-rfp-versus-rfq-criteria/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![Precision-engineered metallic tracks house a textured block with a central threaded aperture. This visualizes a core RFQ execution component within an institutional market microstructure, enabling private quotation for digital asset derivatives](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-rfq-execution-framework-precision-microstructure-component.jpg)

## Kraljic Matrix Provides

The Kraljic Matrix provides a strategic blueprint for weighting RFP versus RFQ criteria by aligning the evaluation focus with the purchase's systemic risk and value. </a><a href="https://prime.greeks.live/question/how-does-a-ccps-for-profit-status-impact-its-risk-management-incentives/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![A central, metallic, multi-bladed mechanism, symbolizing a core execution engine or RFQ hub, emits luminous teal data streams. These streams traverse through fragmented, transparent structures, representing dynamic market microstructure, high-fidelity price discovery, and liquidity aggregation](https://options.greeks.live/wp-content/uploads/2025/07/principal-grade-digital-asset-derivatives-rfq-protocol-engine-facilitating-high-fidelity-execution-and-optimal-price-discovery-across-fragmented-market-microstructure.jpg)

## Profit Impact

A for-profit CCP's incentives align risk management with shareholder value, optimizing safety parameters to enhance commercial competitiveness. </a><a href="https://prime.greeks.live/area/rfq-model/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![Reflective and translucent discs overlap, symbolizing an RFQ protocol bridging market microstructure with institutional digital asset derivatives. This depicts seamless price discovery and high-fidelity execution, accessing latent liquidity for optimal atomic settlement within a Prime RFQ](https://options.greeks.live/wp-content/uploads/2025/07/prime-os-digital-asset-derivatives-rfq-execution-best-price-discovery.jpg)

## Rfq Model

Meaning ▴ The RFQ Model, or Request for Quote Model, within the advanced realm of crypto institutional trading, describes a highly structured transactional framework where a trading entity formally initiates a request for executable prices from multiple designated liquidity providers for a specific digital asset or derivative. </a><a href="https://prime.greeks.live/area/rfq/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![Abstract structure combines opaque curved components with translucent blue blades, a Prime RFQ for institutional digital asset derivatives. It represents market microstructure optimization, high-fidelity execution of multi-leg spreads via RFQ protocols, ensuring best execution and capital efficiency across liquidity pools](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-protocol-optimizing-market-microstructure-for-high-fidelity-execution-best-execution-price-discovery-across-liquidity-pools-and-prime-os.jpg)

## Rfq

Meaning ▴ A Request for Quote (RFQ), in the domain of institutional crypto trading, is a structured communication protocol enabling a prospective buyer or seller to solicit firm, executable price proposals for a specific quantity of a digital asset or derivative from one or more liquidity providers. </a><a href="https://prime.greeks.live/area/strategic-items/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![A precise, multi-layered disk embodies a dynamic Volatility Surface or deep Liquidity Pool for Digital Asset Derivatives. Dual metallic probes symbolize Algorithmic Trading and RFQ protocol inquiries, driving Price Discovery and High-Fidelity Execution of Multi-Leg Spreads within a Principal's operational framework](https://options.greeks.live/wp-content/uploads/2025/07/institutional-grade-rfq-protocol-mechanism-for-digital-asset-derivatives-price-discovery-and-high-fidelity-execution-via-prime-os.jpg)

## Strategic Items

Meaning ▴ Strategic items, within the context of crypto project development, institutional investing, or decentralized governance, refer to resources, initiatives, or assets that are critical for achieving long-term objectives and competitive advantage. </a><a href="https://prime.greeks.live/area/bottleneck-items/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![A central, metallic hub anchors four symmetrical radiating arms, two with vibrant, textured teal illumination. This depicts a Principal's high-fidelity execution engine, facilitating private quotation and aggregated inquiry for institutional digital asset derivatives via RFQ protocols, optimizing market microstructure and deep liquidity pools](https://options.greeks.live/wp-content/uploads/2025/07/prime-brokerage-digital-asset-rfq-execution-engine-microstructure.jpg)

## Bottleneck Items

Meaning ▴ In the context of crypto systems, bottleneck items refer to specific components or processes within a decentralized application (dApp), protocol, or network that limit overall throughput, latency, or scalability. </a><a href="https://prime.greeks.live/area/competitive-rfq/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![A multifaceted, luminous abstract structure against a dark void, symbolizing institutional digital asset derivatives market microstructure. Its sharp, reflective surfaces embody high-fidelity execution, RFQ protocol efficiency, and precise price discovery](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-trading-protocol-architecture-optimizing-high-fidelity-rfq-execution-and-latent-liquidity-discovery.jpg)

## Competitive Rfq

Meaning ▴ A Competitive RFQ (Request for Quote) is a structured procurement method where a buyer solicits simultaneous price quotes for a specific quantity of a digital asset from multiple liquidity providers. </a><a href="https://prime.greeks.live/area/non-critical-items/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![A precise lens-like module, symbolizing high-fidelity execution and market microstructure insight, rests on a sharp blade, representing optimal smart order routing. Curved surfaces depict distinct liquidity pools within an institutional-grade Prime RFQ, enabling efficient RFQ for digital asset derivatives](https://options.greeks.live/wp-content/uploads/2025/07/high-fidelity-digital-asset-derivatives-execution-via-rfq-protocols.jpg)

## Non-Critical Items

Meaning ▴ Non-Critical Items, within the context of systems architecture and project management for crypto technology development, refer to features, functionalities, or components whose absence would not prevent the core system from operating or delivering its primary value proposition. </a><a href="https://prime.greeks.live/area/leverage-items/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![Precision-engineered modular components, with transparent elements and metallic conduits, depict a robust RFQ Protocol engine. This architecture facilitates high-fidelity execution for institutional digital asset derivatives, enabling efficient liquidity aggregation and atomic settlement within market microstructure](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-protocol-engine-optimizing-high-fidelity-execution-and-liquidity-aggregation.jpg)

## Leverage Items

Meaning ▴ Leverage items, in the context of crypto institutional options trading and advanced financial strategies, refer to specific assets or contractual positions that significantly amplify potential gains or losses relative to the initial capital outlay. </a>

**Tags:** [Price Discovery Protocol](https://options.greeks.live/area/price-discovery-protocol/), [Procurement Strategy](https://options.greeks.live/area/procurement-strategy/), [RFQ Model](https://options.greeks.live/area/rfq-model/), [Request for Quote](https://options.greeks.live/area/request-for-quote/), [Strategic Sourcing](https://options.greeks.live/area/strategic-sourcing/), [Leverage Items](https://options.greeks.live/area/leverage-items/)	

## Discover More

- 
### [When Is It Appropriate to Issue an Rfp Instead of an Rfq?](https://options.greeks.live/question/when-is-it-appropriate-to-issue-an-rfp-instead-of-an-rfq/)
![A metallic, circular mechanism, a precision control interface, rests on a dark circuit board. This symbolizes the core intelligence layer of a Prime RFQ, enabling low-latency, high-fidelity execution for institutional digital asset derivatives via optimized RFQ protocols, refining market microstructure.](https://options.greeks.live/wp-content/uploads/2025/08/precision-rfq-protocol-engine-for-institutional-digital-asset-derivatives.jpg)

An RFP solicits solutions for complex problems, while an RFQ requests prices for defined requirements.

- 
### [What Are the Key Differences between an RFQ, an RFP, and an Invitation to Bid?](https://options.greeks.live/question/what-are-the-key-differences-between-an-rfq-an-rfp-and-an-invitation-to-bid/)
![Precision mechanics illustrating institutional RFQ protocol dynamics. Metallic and blue blades symbolize principal's bids and counterparty responses, pivoting on a central matching engine. This visualizes high-fidelity execution and price discovery for digital asset derivatives, emphasizing low latency and capital efficiency.](https://options.greeks.live/wp-content/uploads/2025/07/precision-institutional-digital-asset-derivatives-rfq-execution-engine-microstructure.jpg)

An RFQ sources price for a known item, an ITB seeks the best price for a defined project, and an RFP solicits the best solution for a problem.

- 
### [How Does the FIX Protocol Adapt to Different RFQ Models?](https://options.greeks.live/question/how-does-the-fix-protocol-adapt-to-different-rfq-models/)
![A futuristic system component with a split design and intricate central element, embodying advanced RFQ protocols. This visualizes high-fidelity execution, precise price discovery, and granular market microstructure control for institutional digital asset derivatives, optimizing liquidity provision and minimizing slippage.](https://options.greeks.live/wp-content/uploads/2025/07/advanced-rfq-protocols-for-digital-asset-derivatives-price-discovery.jpg)

The FIX protocol adapts to diverse RFQ models by using a flexible set of messages and tags that allow firms to precisely define the intent, anonymity, and complexity of any liquidity request.

- 
### [At What Point in a Supplier Relationship Does the Use of Automated Rfp Tools Become Counter-Productive?](https://options.greeks.live/question/at-what-point-in-a-supplier-relationship-does-the-use-of-automated-rfp-tools-become-counter-productive/)
![Abstract visualization of institutional digital asset RFQ protocols. Intersecting elements symbolize high-fidelity execution slicing dark liquidity pools, facilitating precise price discovery. This depicts advanced Crypto Derivatives OS market microstructure, powered by an intelligence layer for Principal Trading.](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-rfq-protocol-execution-intelligence-layer.jpg)

Automated RFP tools become counter-productive when relational value and collaborative innovation outweigh the benefits of transactional speed.

- 
### [Why Fragmented Liquidity Is Your Biggest Cost and How to Fix It](https://options.greeks.live/guide/why-fragmented-liquidity-is-your-biggest-cost-and-how-to-fix-it/)
![A focused view of a robust, beige cylindrical component with a dark blue internal aperture, symbolizing a high-fidelity execution channel. This element represents the core of an RFQ protocol system, enabling bespoke liquidity for Bitcoin Options and Ethereum Futures, minimizing slippage and information leakage.](https://options.greeks.live/wp-content/uploads/2025/07/institutional-grade-digital-asset-derivatives-rfq-engine-core-precision-component.jpg)

Stop paying the hidden tax of fragmented markets; command institutional-grade liquidity and execute with precision.

- 
### [What Are the Most Effective Questions to Ask in a Post-RFP Debrief?](https://options.greeks.live/question/what-are-the-most-effective-questions-to-ask-in-a-post-rfp-debrief/)
![Sleek, intersecting metallic elements above illuminated tracks frame a central oval block. This visualizes institutional digital asset derivatives trading, depicting RFQ protocols for high-fidelity execution, liquidity aggregation, and price discovery within market microstructure, ensuring best execution on a Prime RFQ.](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-protocol-system-for-optimal-execution.jpg)

A post-RFP debrief is a data extraction protocol to refine future procurement strategy and strengthen the vendor ecosystem.

- 
### [What Are the Key Differences between a Request for Information and a Request for Quote?](https://options.greeks.live/question/what-are-the-key-differences-between-a-request-for-information-and-a-request-for-quote/)
![A sleek, metallic algorithmic trading component with a central circular mechanism rests on angular, multi-colored reflective surfaces, symbolizing sophisticated RFQ protocols, aggregated liquidity, and high-fidelity execution within institutional digital asset derivatives market microstructure. This represents the intelligence layer of a Prime RFQ for optimal price discovery.](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-protocols-system-architecture-for-optimal-price-discovery-and-high-fidelity-execution.jpg)

An RFI is a tool for market education and discovery, while an RFQ is a mechanism for price competition on a known specification.

- 
### [What Is the Most Effective Way to Document and Track Vendor Objections during an Rfp?](https://options.greeks.live/question/what-is-the-most-effective-way-to-document-and-track-vendor-objections-during-an-rfp/)
![A translucent, faceted sphere, representing a digital asset derivative block trade, traverses a precision-engineered track. This signifies high-fidelity execution via an RFQ protocol, optimizing liquidity aggregation, price discovery, and capital efficiency within institutional market microstructure.](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-block-trade-high-fidelity-execution-protocol-prime-os-path.jpg)

A systematic objection tracking framework transforms vendor feedback into a core data asset for risk mitigation and process optimization.

- 
### [In What Scenarios Might a Hybrid Approach Combining Elements of Both an Rfp and Rfq Be Appropriate?](https://options.greeks.live/question/in-what-scenarios-might-a-hybrid-approach-combining-elements-of-both-an-rfp-and-rfq-be-appropriate/)
![A precision-engineered device with a blue lens. It symbolizes a Prime RFQ module for institutional digital asset derivatives, enabling high-fidelity execution via RFQ protocols. It optimizes price discovery, managing counterparty risk for block trades and latent liquidity.](https://options.greeks.live/wp-content/uploads/2025/08/institutional-digital-asset-derivatives-rfq-protocol-high-fidelity-engine.jpg)

A hybrid RFP/RFQ protocol secures superior capabilities by integrating solution discovery with competitive component pricing.

---

## Raw Schema Data

```json
{
    "@context": "https://schema.org",
    "@type": "BreadcrumbList",
    "itemListElement": [
        {
            "@type": "ListItem",
            "position": 1,
            "name": "Home",
            "item": "https://options.greeks.live"
        },
        {
            "@type": "ListItem",
            "position": 2,
            "name": "Question",
            "item": "https://options.greeks.live/question/"
        },
        {
            "@type": "ListItem",
            "position": 3,
            "name": "How Does the Kraljic Matrix Inform the Decision to Use an Rfq Model?",
            "item": "https://options.greeks.live/question/how-does-the-kraljic-matrix-inform-the-decision-to-use-an-rfq-model/"
        }
    ]
}
```

```json
{
    "@context": "https://schema.org",
    "@type": "Organization",
    "@id": "https://greeks.live/#organization",
    "name": "Greeks.Live",
    "url": "https://greeks.live/",
    "description": "Greeks.live is the definitive toolkit for the professional options trader, dedicated to empowering our users with institutional-grade data, advanced analytics, and a comprehensive suite of trading tools designed to provide a decisive edge in the market. Every article and guide published under the Greeks.live name is a product of our deep commitment to data-driven analysis and our mission to support the global trading community.",
    "email": "support@greeks.live",
    "logo": {
        "@type": "ImageObject",
        "url": "https://options.greeks.live/wp-content/uploads/2025/07/Greeks.Live-Logo-Icon.svg"
    },
    "hasPart": [
        {
            "@type": "WebSite",
            "name": "About Us",
            "url": "https://about.greeks.live"
        },
        {
            "@type": "WebSite",
            "name": "App Download Page",
            "url": "https://about.greeks.live/#/download/basic_trade"
        },
        {
            "@type": "WebSite",
            "name": "Newcomers' Guide",
            "url": "https://twisty-sign-c8b.notion.site/Guide-for-Greeks-live-X-Deribit-Newbies-5a08a3052822427d800af6eaf3704c8d"
        },
        {
            "@type": "WebSite",
            "name": "Knowledge Base",
            "url": "https://linktr.ee/greeks.live"
        },
        {
            "@type": "WebSite",
            "name": "Option Terminology",
            "url": "https://greekslive.notion.site/88dfc00e7c584d4d8969b6302a79a12f?pvs=4"
        },
        {
            "@type": "WebSite",
            "name": "Terms of Service",
            "url": "https://greeks.live/#/tos"
        },
        {
            "@type": "WebSite",
            "name": "Disclaimer",
            "url": "https://greeks.live/#/disclaimer"
        }
    ],
    "sameAs": [
        "https://x.com/greekslive",
        "https://youtube.com/@greeks_live?si=-KjT0Lkw4WUCI0tD",
        "https://t.me/greekslive_notifications",
        "https://t.me/greekslive",
        "https://pinterest.com/greekslive/"
    ],
    "makesOffer": [
        {
            "@type": "Offer",
            "itemOffered": {
                "@type": "Service",
                "name": "RFQ Platform",
                "url": "https://rfq.greeks.live",
                "description": "Execute institutional-grade block trades for crypto options and futures. This platform provides deep, over-the-counter (OTC) liquidity via a professional Request for Quote system.",
                "provider": {
                    "@id": "https://greeks.live/#organization"
                }
            }
        },
        {
            "@type": "Offer",
            "itemOffered": {
                "@type": "Service",
                "name": "Lending Tools",
                "url": "https://lend.greeks.live",
                "description": "Manage crypto lending and borrowing activities to earn yield or secure loans. This suite of tools helps users analyze interest rates and manage collateralized debt positions.",
                "provider": {
                    "@id": "https://greeks.live/#organization"
                }
            }
        },
        {
            "@type": "Offer",
            "itemOffered": {
                "@type": "Service",
                "name": "Data Lab",
                "url": "https://greeks.live/#/deribit/tools/datalab/BTC",
                "description": "Analyze historical and real-time options data with advanced metrics. This tool is designed for backtesting strategies and identifying market trends through comprehensive data visualization.",
                "provider": {
                    "@id": "https://greeks.live/#organization"
                }
            }
        },
        {
            "@type": "Offer",
            "itemOffered": {
                "@type": "Service",
                "name": "Profit & Loss Analysis (PnL)",
                "url": "https://greeks.live/#/deribit/tools/pnl_analysis",
                "description": "Track and analyze the Profit and Loss (PnL) of your options portfolio. This tool provides detailed performance metrics to help traders evaluate and refine their strategies.",
                "provider": {
                    "@id": "https://greeks.live/#organization"
                }
            }
        },
        {
            "@type": "Offer",
            "itemOffered": {
                "@type": "Service",
                "name": "Position Visualization",
                "url": "https://greeks.live/#/deribit/tools/pv/BTC",
                "description": "Visualize complex options positions and their corresponding risk profiles. This tool generates payoff diagrams to help traders intuitively understand potential profit, loss, and exposure.",
                "provider": {
                    "@id": "https://greeks.live/#organization"
                }
            }
        },
        {
            "@type": "Offer",
            "itemOffered": {
                "@type": "Service",
                "name": "Options Calculator",
                "url": "https://greeks.live/#/deribit/tools/calculator",
                "description": "Calculate the theoretical price and risk parameters ('the Greeks') of crypto options. An essential tool for pricing new trades and analyzing the sensitivity of existing positions.",
                "provider": {
                    "@id": "https://greeks.live/#organization"
                }
            }
        },
        {
            "@type": "Offer",
            "itemOffered": {
                "@type": "Service",
                "name": "Greeks.live Main Platform",
                "url": "https://greeks.live/",
                "description": "The central hub for the Greeks.live suite of professional cryptocurrency options and derivatives trading tools. Access analytics, manage positions, and explore the ecosystem.",
                "provider": {
                    "@id": "https://greeks.live/#organization"
                }
            }
        },
        {
            "@type": "Offer",
            "itemOffered": {
                "@type": "Service",
                "name": "Community Forum",
                "url": "https://t.greeks.live",
                "description": "Join the official Greeks.live community. Connect with other traders, share insights, and receive the latest updates directly from the team.",
                "provider": {
                    "@id": "https://greeks.live/#organization"
                }
            }
        },
        {
            "@type": "Offer",
            "itemOffered": {
                "@type": "Service",
                "name": "Greeks.live for Deribit",
                "url": "http://deribit.greeks.live",
                "description": "A dedicated interface for trading on the Deribit exchange. This platform leverages Greeks.live's advanced analytics and tools specifically for users of Deribit's options and futures markets.",
                "provider": {
                    "@id": "https://greeks.live/#organization"
                }
            }
        },
        {
            "@type": "Offer",
            "itemOffered": {
                "@type": "Service",
                "name": "Greeks.live for OKX",
                "url": "http://okx.greeks.live",
                "description": "A dedicated interface for trading on the OKX exchange. This platform integrates Greeks.live's powerful analytics with the OKX marketplace, focusing on its options and derivatives products.",
                "provider": {
                    "@id": "https://greeks.live/#organization"
                }
            }
        },
        {
            "@type": "Offer",
            "itemOffered": {
                "@type": "Service",
                "name": "GLVS.AI Trading Platform",
                "url": "https://www.glvs.ai/",
                "description": "An AI-powered platform for automated crypto options trading. Leverage advanced algorithms and data-driven signals to develop and deploy sophisticated, hands-free trading strategies.",
                "provider": {
                    "@id": "https://greeks.live/#organization"
                }
            }
        },
        {
            "@type": "Offer",
            "itemOffered": {
                "@type": "Service",
                "name": "API Testnet & Sandbox",
                "url": "https://test.greeks.live",
                "description": "A dedicated testnet environment for developers to test their API integrations and automated trading strategies. This sandbox allows for full functionality testing without risking real funds.",
                "provider": {
                    "@id": "https://greeks.live/#organization"
                }
            }
        }
    ],
    "subOrganization": [
        {
            "@type": "Organization",
            "name": "GreeksLive HK Co., Limited",
            "email": "support@greeks.live",
            "telephone": "+852-56418949",
            "address": {
                "@type": "PostalAddress",
                "streetAddress": "Unit 11, 27/F, K. Wah Centre, 191 Java Road",
                "addressLocality": "Hong Kong",
                "addressRegion": "North Point",
                "addressCountry": "CN",
                "postalCode": "0000"
            },
            "geo": {
                "@type": "GeoCoordinates",
                "latitude": "22.2932357",
                "longitude": "114.2022026"
            },
            "image": "https://options.greeks.live/wp-content/uploads/2025/08/Wah-Centre-Hong-Kong.jpg"
        }
    ]
}
```

```json
{
    "@context": "https://schema.org",
    "@type": "Article",
    "mainEntityOfPage": {
        "@type": "WebPage",
        "@id": "https://options.greeks.live/question/how-does-the-kraljic-matrix-inform-the-decision-to-use-an-rfq-model/"
    },
    "headline": "How Does the Kraljic Matrix Inform the Decision to Use an Rfq Model? \u25b4 Question",
    "description": "The Kraljic Matrix provides a risk/value framework that dictates when a competitive RFQ is the optimal protocol for price discovery. \u25b4 Question",
    "url": "https://options.greeks.live/question/how-does-the-kraljic-matrix-inform-the-decision-to-use-an-rfq-model/",
    "datePublished": "2025-08-09T05:07:09+00:00",
    "dateModified": "2025-10-30T04:47:21+00:00",
    "articleSection": [
        "Question"
    ],
    "author": {
        "@id": "https://greeks.live/#organization"
    },
    "publisher": {
        "@id": "https://greeks.live/#organization"
    },
    "image": {
        "@type": "ImageObject",
        "url": "https://options.greeks.live/wp-content/uploads/2025/08/precision-engineered-institutional-digital-asset-derivatives-execution-core-facilitating-rfq-protocol-driven-optimal-price-discovery-and-multi-leg-spread-trading-for-capital-efficiency.jpg",
        "caption": "This image depicts the sophisticated core of an institutional digital asset derivatives platform, meticulously engineered for high-performance trading. The central blue RFQ protocol engine, integrated within the Crypto Derivatives OS, drives optimal price discovery and high-fidelity execution for complex options strategies and multi-leg spreads. Its robust design signifies the platform's commitment to mitigating counterparty risk, ensuring atomic settlement, and providing prime brokerage clients with superior capital efficiency for alpha generation."
    },
    "keywords": [
        "Bottleneck Items",
        "Competitive RFQ",
        "Kraljic Matrix",
        "Leverage Items",
        "Non-Critical Items",
        "Price Discovery Protocol",
        "Procurement Strategy",
        "Purchasing Portfolio",
        "Request for Quote",
        "RFQ",
        "RFQ Model",
        "Strategic Items",
        "Strategic Sourcing",
        "Supplier Segmentation",
        "Supply Chain Risk Management"
    ]
}
```

```json
{
    "@context": "https://schema.org",
    "@type": "WebSite",
    "url": "https://options.greeks.live/",
    "potentialAction": {
        "@type": "SearchAction",
        "target": "https://options.greeks.live/?s=search_term_string",
        "query-input": "required name=search_term_string"
    }
}
```


---

**Original URL:** https://options.greeks.live/question/how-does-the-kraljic-matrix-inform-the-decision-to-use-an-rfq-model/
