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Procurement Category Management for Business

ProcurePort

The procurement category management process is the intentional action by a company to divide its procurement spend into segments with related items. The post Procurement Category Management for Business appeared first on ProcurePort Blog.

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Category Management Tactics and Execution

ProcurePort

The post Category Management Tactics and Execution appeared first on ProcurePort Blog. However, the greats, the grandmasters and prodigy’s, they all play these matches far, far more quickly than that. See, in the mental landscape of a chess grandmaster, they are likely playing the game 10 or 15, or even 20 moves […].

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Category Management in Procurement

NLPA (Next Level Purchasing Association)

In today’s dynamic business landscape, category management in procurement has become an essential weapon for procurement teams seeking to optimize spend, strengthen supplier relationships, and drive growth. This is where category management in procurement emerges as a game-changer.

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The Golden Rules of Category Management Strategy

ProcurePort

Some of the problems experienced in category management include plenty of work, lack of time, dynamic changes, competitive markets, and technical dependencies. Whether it’s a strategic issue or an alignment problem, category management is a challenging endeavor. Just as lean management optimizes […].

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3 Ways to Succeed in Category Management

ProcurePort

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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What is Category Management?

ProcurePort

The post What is Category Management? Even within the same market or industry; businesses make use of extremely individualized procurement solutions for a variety of reasons. Mainly, procurement solutions need to fit the specific needs of your business or organization, and therefore it’s unlikely […].

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Applying Category Management to the Challenges of a New Age

Art of Procurement

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.