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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. In this guide, we’ll explore the key principles of category management and how it can benefit your organization.

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Category Management In Purchasing: Award Winning Author Releases 5th Edition of Essential Core Business Text

Positive Purchasing

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. Tom Walsh, Associate Director, Global Source-to-Pay Excellence Lead, Astellas Pharma US, Inc.

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7 Spend Analytics Software for Mid-Market Businesses

Procurement Software

Spend analytics software would be the first tech investment I’d make in a greenfield Head of Procurement role. To do this quickly and efficiently, spend analytics software is your best friend. This usually justifies the business case to invest in spend analytics software to categorise this quickly and more easily.

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A More Reliable Path to Net Zero: Ivalua’s Latest Innovation Helps Reduce the Environmental Impact of Supply Chains

ivalua

Ivalua’s new Environmental Impact Center empowers Procurement and Supply Chain teams with reliable and actionable insight to reduce Scope 3 Greenhouse Gas (GHG) emissions. This data is accessible across Ivalua’s Source-to-Pay solution to facilitate more sustainable procurement decisions within daily operations.

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5 Advantages of Supplier Relationship Management Software

Procurement Software

Supplier Relationship Management (SRM) can be complex. Supplier relationship management software can make things a little bit easier. Sales & Marketing teams have reaped the benefits of Customer Relationship Management (CRM) solutions & Marketing Automation for the past 15–20 years. Safeguard Brand Value.

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5 Advantages of Supplier Relationship Management Software

Procurement Software

Supplier Relationship Management (SRM) can be complex. Supplier relationship management software can make things a little bit easier. Sales & Marketing teams have reaped the benefits of Customer Relationship Management (CRM) solutions & Marketing Automation for the past 15–20 years. Safeguard Brand Value.

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Strategic Procurement — Everything You Should Know

Procurement Tactics

Category Management Category management sorts your spending into areas with the same supplier markets. Strategic Sourcing Strategic sourcing assesses the patterns of business spending in order to find and choose the best suppliers that align with your business goals and objectives. Why is it important?