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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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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ProcurePort

JANUARY 14, 2021

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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NLPA (Next Level Purchasing Association)

FEBRUARY 29, 2024

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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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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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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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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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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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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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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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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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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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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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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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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Procurement Foundry

JULY 18, 2022

Category management today has evolved, and it now requires category managers to fulfill multiple roles—more than ever. So, what exactly are these roles, and how can you, as a category manager, know that you’re hitting the mark?

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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.

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Positive Purchasing

MARCH 5, 2024

Approach Purchasing and Procurement Strategically, Effectively and Sustainably with Category Management. Category Management in Purchasing will help you source strategically and deliver profitability and new supply-side value effectively with a step-by-step guide to the tools, techniques and application of category management.

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Positive Purchasing

FEBRUARY 13, 2024

Can Digital Category Management Enhance Efficiency Without Sacrificing Human integrity? We’re tackling this of-the-moment topic during our upcoming webinar, Digital Category Management – Is it Robust, Faster and Better? , Tick box Category Management’ is a thing of the past.

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The Procuretech Podcast

AUGUST 6, 2024

This episode of The Procurement Software Podcast delves into the impact of technology and AI on category manager roles in procurement. Tune in to learn more about the evolving role of category managers in the era of technological advancements. Will Tech and AI make Category Management irrelevant?

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Art of Procurement

APRIL 30, 2024

Category management processes don’t have to be complicated to be effective. The post Learn from the 4-step Category Management Process Refined by Novartis appeared first on Art of Procurement. You may have seen 8 or even 10 step.

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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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Procurement Foundry

JULY 18, 2022

If you are a category manager—or are aspiring to be an excellent one in the future—you likely already know how critical it is to stay on top of your game. We provide you with a quick outline of three of the most crucial category management tips today. How do you do this?

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Zycus Cognitive Procurement

SEPTEMBER 20, 2022

As the world continues to change at a rapid pace, category managers will need to be more nimble and adaptable than ever before. As a result, category managers must be prepared for continued evolution in shopping habits and be ready to adjust their strategies accordingly. Stay tuned! Key challenges.

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Barkers Procurement

JANUARY 8, 2023

Category management is a long-term, strategic approach to procurement in which certain employees or teams of employees are responsible for procuring specific types of items, such as IT equipment, office supplies or construction materials. This makes being open to change indispensable in category management. Find out more.

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Positive Purchasing

MARCH 20, 2024

Can Digital Category Management Enhance Efficiency Without Sacrificing Human integrity? This is a great complementary solution which can be used alongside tools like Capella , our guided category strategy creator®, and Ruby , our guided negotiation plan creator ®. We are very excited about where this will lead for us both.”

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Future Purchasing

JANUARY 19, 2022

The application of category management is not something that arrives fully formed into our organisations but is a journey in the development of understanding and insights. We could do this ourselves by designing an evaluation approach or adopting available category management benchmarking.

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Future Purchasing

OCTOBER 4, 2022

Category management is the strategic end-to-end process for managing categories of related supplier spend that aligns business goals and requirements with supply market capability. Effective internal cross-functional working is the foundation of successful category management. Business requirements.

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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

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Positive Purchasing

JULY 27, 2023

Realize the benefits of Category Management and how to implement sustainable procurement Our CEO and sustainability expert, Jonathan O’Brien will deliver a live seminar on the topic of Category Management and Sustainability at an upcoming hybrid event. Register below to secure your free place.

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SpendHQ

MARCH 6, 2022

A new way of thinking — and viewing data — could revolutionize the category management function. The post Level Up Your Category Management Control appeared first on SpendHQ. According to Procurious, spend visibility is more critical than ever.

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Positive Purchasing

MAY 19, 2022

Philip Ideson, former procurement delivery leader for Accenture and creator of Art of Procurement , the #1 weekly procurement podcast, explores whether category management remains an essential function for procurement organizations – or not. Only procurement thinks of products and services as categories, and that is okay.

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CPO Rising

MARCH 11, 2024

Since then, it feels like the term “strategic buyer” has been replaced by category manager, but […] A few years later I got a new title, strategic buyer! Nothing actually changed but I got a fancier title.

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Jaggaer

JULY 27, 2021

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

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Future Purchasing

NOVEMBER 10, 2021

Build category management coaching capability and unlock your team’s full potential. Well, there is, but for many, it’s been hiding in plain sight, building an internal business category management coaching capability. Often overlooked, however, is the potential for coaching to be used as a management tool from within.

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The Good Spending

JULY 27, 2023

Category managers and analysts must consider all those factors to develop a balanced sourcing strategy. Category management lifebuoy All of the above is meant to prove the importance of category management. If your company keeps negotiating unit prices, they need a category management lifebuoy.

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Future Purchasing

DECEMBER 9, 2021

A common challenge area for category teams is understanding the breadth of content that a category management strategy should contain. However, an excellent category management strategy will address many aspects of the business which surround the most effective acquisition and use of a set of products or services.

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