ProcurePort

JANUARY 14, 2021

Procurement solutions, while basically universal, are also extremely unique from business to business and organization to organization. Even within the same market or industry; businesses make use of extremely individualized procurement solutions for a variety of reasons. The post What is Category Management?

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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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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

When it comes to procurement efforts there is an entire library of information on tactics, strategies, and practices. Two of the most common supplier-management strategies in the history of procurement are category management and strategic sourcing. Both are valid options of developing […].

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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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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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ProcurePort

JULY 1, 2021

The strategies and tactics that procurement professionals develop and choose to implement often affect one another. The post How to Improve Strategic Sourcing with Category Management appeared first on ProcurePort Blog. Constructing a strategy out of complimentary tactics, then, is a good way to optimize value […].

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CPO Rising

MARCH 11, 2024

When I started in procurement in what feels like way too many years ago, it was as a buyer. 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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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 Templates

MARCH 7, 2024

A procurement playbook is a comprehensive document or set of guidelines that outlines the processes, procedures, best practices, and standards for managing procurement activities within an organization. It serves as a reference guide for procurement professionals and other stakeholders involved in purchasing goods and services.

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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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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.

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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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Sourcing and Supply Chain

JUNE 24, 2021

Category Management is the concept of the Retail industry that helps for better management as well as sales of a similar category of product by bundling the same. It results in specialization in category for a buyer and ends up in a better deal with saving time, resources, and money.

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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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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. That’s what category management strategy looks like in practice.

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Art of Procurement

AUGUST 9, 2022

The post [Pod] Designing an End-to-End Ecosystem Approach to Procurement Part 2: Category Management appeared first on Art of Procurement. “Digital products become a bedrock of all the processes and the transformation that is taking place in the organization.” –Sanjeev.

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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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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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Procurement Tactics

MARCH 16, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Strategic Procurement — Everything You Should Know Strategic procurement allows businesses to meet the demand of the current procurement landscape by making sense of the data and automating the procurement process.

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Art of Procurement

JANUARY 9, 2023

The post [Pod] Navigating the Perfect Storm Using Category Management w/ Stephane Morel appeared first on Art of Procurement. “We have so many priorities to consider. At the same time, we are navigating through the perfect storm.

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Art of Procurement

SEPTEMBER 26, 2022

The post [Pod] Improving the Flexibility of your Category Management Skills w/ Steve Trussell appeared first on Art of Procurement. “The first step is answering, ‘What are we trying to accomplish as a company?’ Sometimes that’s the hardest question to.

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ivalua

JUNE 26, 2023

Blog » Procurement on the Thames: Ivalua’s London Summer Symposium June 26, 2023 | | Thought Leadership by Eloise Barnum As businesses navigate through supply chain disruptions, high inflation, and sustainability initiatives, procurement, and supplier management has taken center stage in driving change.

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The Good Spending

APRIL 3, 2022

Category management is the brain and spine of strategic procurement. Procurement largely relies on category management in its constant endeavor to transform transactional purchasing into a value-creation machine. Category management is an integral part of the "plan-to-procure" cycle.

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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

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. Coaching in the context of category management. ”

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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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Procurement Insights

JANUARY 12, 2023

I read several interesting articles recently on the JAGGAER blog regarding category management and technology and the analytical skills required by category managers to extract actionable knowledge. In other words, it is not a people issue. Edwards Demming. To what process am I referring? Data Modernization.

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Future Purchasing

OCTOBER 4, 2022

Developing a pipeline of category projects should be a collaborative and creative process. Too often Procurement works in isolation when deciding what category projects to work on. Procurement teams clearly appreciate why strategic alignment planning activity is such an important activity.

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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. All too often, it becomes self-limited to include only areas that procurement has under its immediate control, such as sourcing.

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Jaggaer

SEPTEMBER 1, 2020

When procurement thinks about why they might implement a category management pro cess , the reasons that come to mind are likely to involve more effective management of spend or having increased time to invest in strategic supplier relationships. Evaluating the relevant risks in the supply chain for each category.

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Procurement Heads

FEBRUARY 20, 2023

The top of the agenda for procurement is to deliver decarbonisation, particularly through Scope 2 emissions (indirect from purchased energy) and Scope 3 emissions (indirect from purchased materials and services). It is rightly argued that Scope 2 and 3 emissions should be controlled and targeted by procurement functions within organisations.

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Procurement Heads

JUNE 26, 2023

Procurement Heads’ Head of Industrial Practice Dan Goodson explores the obstacles encountered in these sectors and the scarcity of qualified candidates following the recruitment boom. Companies are specifically seeking Category Management specialists with expertise in developing robust supply chains to ensure uninterrupted production.

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World of Procurement blog

APRIL 23, 2024

Procurement professionals play a crucial role in the success and efficiency of businesses. Financial Acumen : Understanding market trends, cost structures, and the impact of procurement activities on the financials. Technical Expertise : Understanding the technical aspects of the goods and services being procured.

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World of Procurement blog

APRIL 23, 2024

Procurement professionals play a crucial role in the success and efficiency of businesses. Financial Acumen : Understanding market trends, cost structures, and the impact of procurement activities on the financials. Technical Expertise : Understanding the technical aspects of the goods and services being procured.

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Supply Chain Game Changer

MARCH 26, 2019

Procurement (and Purchasing) Job Interview Questions & Answers. In these industries a segment of the Procurement organization is called Commodity Management. However when I entered the Retail industry the group largely responsible for Procurement, amongst other things, was called Category Management.

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Procurement Talk with David Byrne

JUNE 27, 2023

With huge, long-spanning roles at Diageo and Compass Group, Oliver … Continued The post Empathetic Leadership & How to Start Category Management from Scratch with Oliver C**k – Episode 78 appeared first on Talent Drive. You can’t do it all yourself, you’re only as good as the people around you.”

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