What is Supplier Preferencing for Procurement?

In Procurement, what's the purpose of supplier preferencing, how do you do it, what does it tell you and how do you use the outputs to inform your strategy?
Join Martin in this extended video, where he explains this staple tool of the Procurement professional.
Watch (or skip!) to the end to discover the QR code that will take you directly to Martin's Procurement courses on LinkedIn Learning.