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For a considerable portion of my career I have worked in the Manufacturing and Logistics/Distribution Industries. In these industries a segment of the Procurement organization is called Commodity Management. So what is the difference between Commodity Management and CategoryManagement? Commodity Management.
Having worked at a Retailer myself I have first hand knowledge of the challenges there can be in running a RetailSupplyChain. As such we wrote The Hidden Complexity of the RetailSupplyChain to share some of these experiences. A low SKU count means fewer Merchants, CategoryManagers are required.
Looking back on the training process, our research, strategy, implementation and evaluation methods closely mirrored supplier relationship management and procurement management. In fact, it made me think of a specific chapter I read from Magnus Carlsson’s Strategic Sourcing and CategoryManagement: Lessons Learned at IKEA.
The order management system, warehouse management system, and transportation management system will see incredible amounts of activity. If your volumes far exceed your forecasted demand then you could be scrambling to find other logistics service providers.
Looking back on the training process, our research, strategy, implementation and evaluation methods closely mirrored supplier relationship management and procurement management. In fact, it made me think of a specific chapter I read from Magnus Carlsson’s Strategic Sourcing and CategoryManagement: Lessons Learned at IKEA.
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