Anxious to reduce the risks associated with current sources of feedstock supply, a multinational chemical company revamped its entire purchasing strategy and organization. Out of more than 5,000 purchased items, the company defined 75 as strategic or bottleneck feedstocks. Detailed analysis of both demand and supply confirmed that, thanks to the sheer volume of its purchases, the company enjoyed a strong position in most feedstock supply markets. Its risk profile, however, gave real cause for concern.