Remove Category management Remove Purchasing Remove Supply Chain Efficiency
article thumbnail

Why Your Business Needs a Category Management Strategy!

Supply Chain Game Changer

Subscribe What’s the Difference Between Commodity Management and Category Management? The business that is selling either raw materials or processed goods has to deal with inventory management. By labeling and sorting the products based on categories, it is easier for a consumer to pick what they need.

article thumbnail

Spend Matters Future 5 2024 – Introducing True ValueHub

Spend Matters

To potential buyers — True ValueHub can save category managers and buyers significant time and money by identifying new opportunities based on a deep analysis of costs and drivers. Unlike many ProcureTech companies, True ValueHub was founded and is run by procurement and supply chain industry practitioners.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Direct vs Indirect Procurement: Key Differences, Challenges, and Opportunities

ivalua

Direct and indirect procurement are two fundamental approaches in supply chain management, each serving distinct functions within an organization. Both focus on improving efficiency and reducing costs but differ in their strategic approach and impact on the core business operations. Find Out More What Is Procurement?

article thumbnail

How to Build a Successful Procurement Strategy in 2025

ivalua

No matter the focus, whether cost reduction and quality improvement, or supply chain optimization and resilience, procurement must have a concrete role in delivering outcomes that matter to the business. Intake management software that supports these controls can help standardize how requests are handled and who gets involved.

article thumbnail

Enterprise Spend Analysis: How to Reduce Cost and Risk

ivalua

Success depends on integration, transparency, and alignment with help from modern spend analysis software that supports trusted data, configurable logic, and cross-functional collaboration. If teams can’t explain how categories like marketing or legal spend are assigned, they won’t act on the insights.

article thumbnail

Top 10 Hottest Courses at SCMDOJO Academy 2024

SCMDOJO

SCMDOJO Academy elevates your procurement and supply chain skills through its extensive course library. Mastering Procurement – Essentials Skills and Competencies Mastering Procurement by Maryna Trepova is the ultimate Procurement and Purchase Management course for Engineers, Entrepreneurs, Managers, and Students.

article thumbnail

How to Build a Successful Procurement Strategy in 2025

ivalua

No matter the focus, whether cost reduction and quality improvement, or supply chain optimization and resilience, procurement must have a concrete role in delivering outcomes that matter to the business. Intake management software that supports these controls can help standardize how requests are handled and who gets involved.