While cruising about on the excellent blog Strategic Sourcing | Europe, I came across this elegantly simple downloadable template to use when thinking about category prioritization for strategic sourcing initiatives. In the words of the author, "Nothing fancy here, only pragmatic factors about markets, suppliers, products and 'buying', sorted in a .xls table to review and weight per Sourcing Group. The more points you give to a Sourcing Group the best it is. An example is attached. Hope it helps." It certainly does, especially considering it's free. I bet a few of my consulting friends start using it as well if they don't have their own already developed. So before they charge you for a similiar quick analysis, why not try it yourself.