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Category Management in Procurement: A Comprehensive Overview & Best Practices

SCMDOJO

Category management is a procurement strategy that involves grouping similar products or services together into categories and managing them as a single unit. This approach can help organizations streamline their procurement processes, negotiate better deals with suppliers, and ultimately save money.

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Five Fundamental Principles of Category Management

Barkers Procurement

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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Build category management coaching capability

Future Purchasing

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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Category management will fail if procurement and business stakeholders do not collaborate to agree a pipeline of projects

Future Purchasing

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. We all know that without the right level of stakeholder support many of these projects simply will not be implemented.

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Future of Procurement: My Fit For 2030 Blueprint

Procurement Software

Let’s put together a team that represents the future of procurement. Join me on this fictitious journey of transforming an existing procurement organisation into one that will still be relevant in 2030. We’ve got automation, digitisation and AI in procurement pushing boundaries. What would my dream team look like?

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Essex County Fire and Rescue Service (ECFRS) – ICT Procurement Support

Barkers Procurement

ECFRS were undergoing a procurement transformation being led by Barkers. Due to the level of short-term procurement resource available internally, ECFRS requested support for the ICT category from Barkers. This resulted in a category with no procurement pipeline and stakeholders often owning the Procurement process.

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ProcureCon EU vs. DPW: Which Procurement Conference is Best?

Procurement Software

This is a conference that really celebrates innovation and everything that is at the cutting edge of procurement. Most of the presentations and panel discussions feature success stories of how an enterprise company has implemented a best-of-breed procurement tech solution. No stale stories from the dinosaur legacy brands here.