What tool is used to identify the percentage of noncritical items you wish to procure?

The correct answer is the stock target criteria. This tool is utilized to determine procurement needs, particularly regarding noncritical items. Stock target criteria help establish the specific percentages or quantities of various items that should be maintained in inventory to ensure adequate supply without overstocking. This aligns with inventory management practices, enabling better planning and resource allocation.

The application of stock target criteria involves setting goals based on forecasts, storage capacities, and consumption patterns, making it essential for managing noncritical items in an effective manner. By using this tool, organizations can streamline procurement processes and ensure that noncritical items are acquired in appropriate amounts based on their operational requirements.