Spend Matters

OCTOBER 11, 2022

Categories: Category Management , Managed Services , Sponsored Article Tags: Sponsored Article Gone are the days when procurement’s agenda could be contained to a small set of self-selected priorities.

Procurement 98

Procurement Category management Procurement team Risk management 98

Procurement Leaders

JUNE 20, 2023

These are categories that cover markets that offer uniform goods or services that can be rolled out relatively easily. The business quickly sees the savings and little engagement with complex supply markets is required. Last, and most challenging, are complex indirect categories.

Procurement team 147

Procurement team Procurement Influencing Buyers 147

Spend Matters

FEBRUARY 13, 2025

Having learned how to use each of these tools individually, Rons team turned to integrating them into a unified strategic sourcing category management process. Procurement later worked with Finance to evaluate the supply market, create and issue an RFP and select a leading company in this area to conduct the audit.

Influencing 103

Influencing Procurement supply chain budgeting Strategic sourcing 103

ivalua

MARCH 28, 2019

Outside the technology field, we have also seen “science” come to the fore in terms of codifying processes such as Category Management. There may be different models in use, but there is a pretty well-accepted logical methodology behind how organisations approach their management of major spend areas.

Procurement 167

Procurement Agile and Lean Supply Chain Real-time Visibility Innovation 167

Jaggaer

OCTOBER 24, 2024

Decision-makers must plan supply chain resilience strategies for a wide range of risk scenarios. These include crises such as the 2020 pandemic as well as structural changes in supply markets like the effect of domestic electric vehicle (EV) loans and subsidies on critical metals availability.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

SCMDOJO

FEBRUARY 13, 2023

Supporting the organization’s goals through effective strategies: The procurement team supports the organization by monitoring supply markets and trends, identifying critical materials, and developing effective procurement strategies to increase competitiveness. Developing exit strategies for unsuccessful products.

Procurement 87

Procurement Chief Procurement Officer supply chain budgeting Supply Chain Efficiency 87

Spend Matters

NOVEMBER 2, 2023

Muhammad Alam, the President & Chief Product Officer of ISBN, outlined them below: For example, one SAP Ariba product area specifically targeted for GenAI is the newly released SAP Ariba Category Management solution. Beroe for supply market intelligence) that’s woven into the solutions to enhance better decision making.

Networking 114

Networking Spend management Suppliers Supply Chain Optimization 114

Supply Chain Game Changer

NOVEMBER 13, 2018

Drive a thorough understanding of both the supply market and internal company requirements. The process of strategic sourcing starts with spends analysis and category management, which identifies, consolidates and standardises information from a wide range of data sources. Deliver significant earnings to bottom line.

Strategic sourcing 73

Strategic sourcing Strategic sourcing Procurement supply chain budgeting 73

Procurement Heads

APRIL 26, 2023

I sit in the supply-facing team, in digital and talent and specifically in the innovation team: our team drives new ways of doing procurement by digitising our ways of working, leading strategic category transformations and bringing impactful supply market insights.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Efficiency Sustainability Risk management 130

Procurement Heads

APRIL 26, 2023

I sit in the supply-facing team, in digital and talent and specifically in the innovation team: our team drives new ways of doing procurement by digitising our ways of working, leading strategic category transformations and bringing impactful supply market insights.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Efficiency Sustainability Risk management 130

Claritum

MARCH 10, 2020

The sourcing of products and/or services within the Category; the management of suppliers associated with the category; and strategic planning for this category. CIPS define category management as: “the entire science of the procurement subject applied to a single genre of expenditure”. “As Sustainability.

Procurement 41

Procurement Supply Chain Efficiency Purchasing Category management 41

Claritum

MARCH 10, 2020

The sourcing of products and/or services within the Category; the management of suppliers associated with the category; and strategic planning for this category. CIPS define category management as: “the entire science of the. As such, a category manager is the ‘CPO of their category’ and carries a weight.

Procurement 32

Procurement Supply Chain Efficiency Category management Purchasing 32

Empowering CPO

JULY 2, 2023

Modern procurement services encompass a wide range of activities such as strategic sourcing, category management, contract negotiation, risk management, and supplier relationship management. However, in today’s complex and globalized economy, procurement goes far beyond simple buying.

Management 40

Management Supplier relationship management Procurement Strategic sourcing 40

Claritum

FEBRUARY 24, 2020

4: Table of the key differences between Project and Category based procurement. The following table outlines some of the key differences between Project and Category based procurement processes. Category Management Project Procurement Focus Focus is on purchase demand and consolidation.

Procurement 32

Procurement Purchasing Suppliers Sourcing 32