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.

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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 […].

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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.

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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

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.

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Category management Management Supplier relationship management supply chain software solutions 108

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 114

Spend Matters

NOVEMBER 5, 2024

Ongoing training is important for procurement teams to keep up with the constantly evolving and advancing procurement tech and services landscape, specifically in niche areas such as category management, supplier management, negotiation and strategic sourcing and in the broader areas of change management and leadership.

Procurement 110

Procurement Competitive analysis Strategic sourcing Strategic sourcing 110

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?

Real-time Visibility 120

Real-time Visibility Supply Chain Efficiency Buyers Supply Chain Optimization 120

SCMDOJO

DECEMBER 29, 2024

Introduction to Category Management Maryna Trepova ‘s Introduction to Category Management introduces category management principles and explains a strategic approach to managing key product categories within the supply chain. GET ENROLLED NOW! Explore SCMDOJO Academy and other offerings!

Supply Chain Optimization 98

Supply Chain Optimization Supply Chain KPIs Supply Chain Efficiency Category management 98

Positive Purchasing

MARCH 4, 2025

By Jonathan OBrien with Stphane Morel In the ever-evolving landscape of procurement and supply chain management, category management remains a cornerstone. However, as technology advances and digital solutions become more integrated, the approach to category management is also transforming.

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Category management Strategy Management Collaboration 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.

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Supply Chain Efficiency Strategic sourcing Strategic sourcing Procurement 244

Una

FEBRUARY 18, 2025

When was the last time you took a good, hard look at your category management strategy? A fresh, dynamic category strategy is essential for driving continuous improvement and making sure your procurement efforts are truly adding value to your organization. One of the best ways to supercharge your strategy?

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Category management Strategy Management Procurement team 40

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 .

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Spend management Management Cost optimization Category management 246

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 118

Supply Chain Brain

MARCH 31, 2025

The benefits of organizing the purchase of goods and services into categories in order to improve efficiency and effectiveness, whether its related to component parts or finished products, can be game-changing. Artificial intelligence presents a powerful set of tools to get on top of it the most common problems.

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Category management Management Purchasing 52

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

Supply Chain Brain

FEBRUARY 18, 2025

Using artificial intelligence (AI) and machine learning (ML) can reduce time-consuming manual processes.

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Category management Management 52

Supply Chain Brain

MARCH 11, 2025

Here are five crucial areas of difficulty, and how AI can play an innovative role in helping handle them.

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Category management Management Innovation 52

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

Skill Dynamics

JANUARY 14, 2025

Category Management Category management refers to the focused management of individual aspects of your procurement process. This systematic segmentation of your key areas allows you to identify areas for consolidation and ultimately drive bottom-line efficiency.

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Procurement supply chain budgeting Procurement team Supply Chain Efficiency 59

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 24, 2024

It uses its AI-backed cost analytics to support direct materials management and category management. Typical end users are strategic procurement experts, cost engineers, buyers and category managers. What is COVALYZE COVALYZE offers deep parts analysis (price/cost-focused) for direct materials.

Raw materials 111

Raw materials Category management Buyers Price 111

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 117

Procurement Templates

DECEMBER 11, 2024

Implement category management to gain deeper market expertise and create tailored sourcing strategies. Heres how to push beyond traditional goals: Redefine Strategic Objectives Go Beyond Cost Savings: Focus on value creation instead of just cost reduction.

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Procurement Supply Chain Efficiency supply chain budgeting Cost of ownership 130

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 Procurement 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 103

Raw materials Category management Buyers Price 103

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

Spend Matters

OCTOBER 25, 2022

SAP has already declared category management the foundation of effective procurement strategy. The company expounded saying the critical role procurement plays in business will continue to increase as the need for digital category management and procurement strategies also grows. Read more. ).

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Category management Procurement strategies Spend management Innovation 97

Jaggaer

FEBRUARY 20, 2025

Category management: Whereas spend management aims to depict the entire landscape, category management fills in the detail for each major spend category. Category management segments your expenditure into areas which contain similar or related products.

Sourcing 52

Sourcing e2e Supply Chain Efficiency Strategic sourcing 52

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