ProcurePort

JUNE 8, 2021

What does it take to be successful with category management? How can procurement managers know that their strategies are working? Procurement leaders within organizations are not unaware of the importance of procurement category management. In fact, up to 96% of CPOs view category management as a top 3 priority.

Category management 130

Category management Management Strategy Procurement 130

Art of Procurement

JANUARY 12, 2023

In this week’s episode of the Art of Procurement podcast, Philip Ideson welcomed the first guest of 2023: Stephane Morel, The post Applying Category Management to the Challenges of a New Age appeared first on Art of Procurement.

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Category management Management Procurement 145

ProcurePort

JUNE 17, 2021

The post Benefits of Category Management in Supply Chain appeared first on ProcurePort Blog. While we’ve certainly made recent strides and are getting closer to the other side of the COVID-19 pandemic, there’s a lot we can learn looking back over the past year, especially in […].

Category management 130

Category management Supply chain Management Supply 130

ProcurePort

APRIL 13, 2021

Two of the most common supplier-management strategies in the history of procurement are category management and strategic sourcing. The post Category Management vs Strategic Sourcing – Breaking Down the Differences appeared first on ProcurePort Blog. Both are valid options of developing […].

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Strategic sourcing Strategic sourcing Category management Sourcing 130

ProcurePort

JULY 1, 2021

The post How to Improve Strategic Sourcing with Category Management appeared first on ProcurePort Blog. This is because there are certain tactics that pair well together, and when done correctly, each is elevated by the presence of the other.

Strategic sourcing 130

Strategic sourcing Strategic sourcing Category management Sourcing 130

Supply Chain Brain

JUNE 30, 2024

In the paper, "Three Mistakes Executives Make in Category Management", we explore what you should and should not be doing, provide key questions for Procurement to consider, and share a capabilities checklist for category management to deliver on its promise.

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Category management Management Procurement 105

ProcurePort

FEBRUARY 23, 2022

Category management (purchasing) in procurement refers to the grouping of related spend items together with a view of finding value opportunities. Categories can be vendors, country of origin, price, volume, or even frequency of purchase. Managers need to constantly minimize internal costs of […].

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Category management Purchasing Management Price 130

Jaggaer

JULY 27, 2021

The post The Golden Rules of Category Management Strategy appeared first on JAGGAER.

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Category management Strategy Management 105

SCMDOJO

APRIL 26, 2023

Category management is a procurement strategy that involves grouping similar products or services together into categories and managing them as a single unit. In this guide, we’ll explore the key principles of category management and how it can benefit your organization.

Category management 89

Category management Management Supplier relationship management supply chain software solutions 89

Spend Matters

OCTOBER 16, 2023

This Spend Matters Vendor Analysis gives an overview of Positive Purchasing’s Capella, a category strategy management solution. Despite being a discipline at the center of many procurement discussions, many organizations fail to execute Category Management (CatMan) in the most efficient or effective way.

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Category management Management Buyers Strategy 93

Art of Procurement

AUGUST 18, 2024

“Will category management, under its current guise, ever get mainstream adoption? The post Will Category Management Ever Become Mainstream? If it doesn’t, is procurement destined to be a. appeared first on Art of Procurement.

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Category management Management Procurement 52

Procurement Software

AUGUST 27, 2024

The Procurement Category Manager role has been the backbone of the procurement profession over the past 20 years. In addition, supply chains and risk management have become more complex, requiring a less siloed and more joined-up approach to managing strategic suppliers. So, how will this impact category management?

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Category management Management Procurement Agile and Lean Supply Chain 52

Art of Procurement

APRIL 30, 2024

Category management in procurement is a bit like pickles in your sandwich. The post What is Category Management? Some people think it’s outdated. Many experts think. According to the Experts) appeared first on Art of Procurement.

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Category management Management Procurement 52

Art of Procurement

APRIL 30, 2024

There is no standard approach to category management. Every organization, procurement leader, and category manager must build a plan to. The post Build Your Category Management Framework with Five Evergreen Principles appeared first on Art of Procurement.

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Category management Management Procurement 52

Art of Procurement

JULY 14, 2024

“I think category management is great fun because you have the freedom to do things. The post Category Management: How Far We’ve Come, How Far We Can Go appeared first on Art of Procurement. It’s not following a rote.

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Category management Management Procurement 52

CPO Rising

AUGUST 5, 2024

… The post Magnus Mondays (Reprisal) — Category Management: All Talk No Action? appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT. Magnus returns with new content in August.]…

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Category management Chief Procurement Officer Management Supply management 52

Art of Procurement

APRIL 30, 2024

An effective category manager is like the CEO for their own product or service category. The post What Does a Category Manager Do? (To They develop and communicate crystal. To Elevate Procurement’s Impact) appeared first on Art of Procurement.

Category management 52

Category management Management Procurement 52

Positive Purchasing

MAY 3, 2024

Category Management in Purchasing , now in its 5th edition, is a comprehensive and practical guide to approaching purchasing and procurement strategically, effectively, and sustainably through category management. Published by Kogan Page on 3 May 2024Paperback, £49.99/$59.99

Category management 52

Category management Purchasing Supplier relationship management Management 52

ivalua

JUNE 26, 2023

Vishal Patel and Peter Hunt delivered their session ‘Creating Value with Strategic Sourcing’ to discuss how Procurement professionals are recognizing that the fast-paced digital landscape of today demands new approaches to category management and strategic sourcing. The answer is simple – automation.

Supply Chain Efficiency 244

Supply Chain Efficiency Strategic sourcing Strategic sourcing Procurement 244

ivalua

JUNE 24, 2020

Effectively manage third party risk with 360 degree visibility, including subcontractor exposure. Accelerate cost optimization across spend types, including complex services, with smarter category management. Implement and demonstrate the value of their sustainability strategy and improve their company non-financial rating .

Spend management 246

Spend management Management Cost optimization Category management 246

Procurement Tactics

MARCH 16, 2023

Category Management Category management sorts your spending into areas with the same supplier markets. Procurement Strategy This key element of strategic procurement is a long-term plan that ensures purchased goods and services from suppliers at the agreed terms, quality, and delivery time are cost-effective.

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Procurement Procurement strategies supply chain budgeting Contract management 238

ivalua

JANUARY 31, 2023

As products are purchased within an organization, category managers can precisely track the year-to-date carbon emission trajectory for their purchases. This data is accessible across Ivalua’s Source-to-Pay solution to facilitate more sustainable procurement decisions within daily operations.

Supply Chain Efficiency 246

Supply Chain Efficiency supply chain software solutions Supply chain Innovation 246

Una

SEPTEMBER 13, 2022

Whatever the reason, category managers need to keep their fingers on the pulse of enterprise strategy, think about how any changes relate to their category management , and take action to stay relevant. How achievable are the goals identified in your category strategy? Streamlining the Category Management Process.

Strategy 98

Strategy Category management Purchasing Risk 98

Procurement Heads

DECEMBER 7, 2022

We have three key areas: strategic sourcing, category management and vendor management, which is the onboarding and management of our suppliers and so on. The two key functional areas are strategic sourcing and category management. Then we also have vendor management.

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Strategic sourcing Strategic sourcing Vendor management Category management 246

Procurement Heads

FEBRUARY 20, 2023

Our clients are predominantly looking for Category Management specialists with excellent category strategy experts who can deliver robust supply chains for ongoing, uninterrupted production. Are you looking to hire a Category Manager? Get in touch with the team here.

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Procurement Category management Supply chain Purchasing 130

Spend Matters

OCTOBER 26, 2023

Why we chose it akirolabs is a solution that belongs to a market that is underserved, digital category management, even though the discipline of category management has been a staple of procurement activities for a long time and one that is more critical than ever considering the current business environment (volatile, unpredictable).

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Category management Procurement team Collaboration Strategy 92

Procurement Heads

JUNE 23, 2022

This ranges from category management, business process reengineering to cost management, and the implementation of end-to-end ERP systems. My core goals are in the transformation of an organisation’s finance and purchasing processes.

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Category management Collaboration Purchasing Management 130

Spend Matters

JANUARY 10, 2024

Many category managers and buyers struggle with data transparency and aggregation. To potential buyers — Covalyze can save category managers and buyers significant time and money, as it takes away many of the manual processes historically required of these roles. This content is for members only.

Raw materials 93

Raw materials Category management Buyers Price 93

Procurement Heads

AUGUST 8, 2022

My core skills are across Category Management and procurement function leadership, involving functional transformation, strategy development and end-to-end process improvement in a global environment. In addition, I have expert knowledge of outsourcing the procurement service.

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Category management Leadership Collaboration Strategy 130

Procurement Leaders

JANUARY 16, 2023

“I say to my teams I want them to think of themselves as CEOs: whether they’re business partners, category managers: how do we get that mindset of them owning that completely from a procurement standpoint?” ” Stroup says. “I don’t need 10 subject-matter experts in a team of 10.

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Risk Management Risk management Strategic planning 246

Procurement Heads

NOVEMBER 9, 2022

From then, seeking a new challenge, I moved to LV= to IT procurement a couple of years later and didn’t look back until earlier this year when I was presented with a great opportunity to head up the non-Claims Supplier Relationship Management (SRM) team here at Allianz Holdings, after first TUPE’ing across at the start of 2020.

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e2e supply chain budgeting Agile and Lean Supply Chain Chief Procurement Officer 246

Spend Matters

AUGUST 19, 2024

To potential buyers — True ValueHub can save category managers and buyers significant time and money by identifying new opportunities based on a deep analysis of costs and drivers. This content is for members only. Visit the site and log in/register to read.

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Category management Buyers Influencing Sourcing 102

Procurement Templates

MARCH 7, 2024

Overall, a procurement playbook serves as a valuable resource for standardizing and optimizing procurement practices, promoting consistency, transparency, and accountability, and ultimately supporting the organization’s strategic objectives and goals. I curate best book marks so you don’t need to hunt around!

Supply Chain Efficiency 130

Supply Chain Efficiency Procurement Ethics Contract management 130

ivalua

JANUARY 13, 2021

Also, an eprocurement solution provides you with clean spend data, which is the basis for a sound spend analysis and eventually relevant category management. Alerts inform you of any deviation which allows you to set up mitigation plans and follow up on corrective actions.

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Eprocurement Real-time Visibility Purchase orders Budget 235

ivalua

JANUARY 30, 2023

You need emission data that will allow category managers and buyers to report emissions tied to their organization’s purchasing activity at a category or product level. Formalize the reporting of Scope 3 emissions, reduction targets, progress, etc.

Procurement 130

Procurement Category management Suppliers Data 130

ivalua

JANUARY 30, 2023

You need emission data that will allow category managers and buyers to report emissions tied to their organization’s purchasing activity at a category or product level. Formalize the reporting of Scope 3 emissions, reduction targets, progress, etc.

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Procurement Category management Suppliers Data 130

Spend Matters

OCTOBER 31, 2024

To potential buyers — True ValueHub can save category managers and buyers significant time and money by identifying new opportunities based on a deep analysis of costs and drivers. We asked True ValueHub’s CFO and COO Sophia Banar: How did True ValueHub come into being?

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Real-time Visibility Supply Chain Efficiency Buyers Supply Chain Optimization 105