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Addressing the future challenges for Category Management

Future Purchasing

The 2024 Global Category Management Report is an assessment of the current state of Category Management in Procurement. Therefore, we included a question asking participants to identify their greatest challenge for category management in the future. This article summarizes the findings.

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How to accelerate your Category Management adoption in 2025

Future Purchasing

This article outlines how to perform a maturity assessment of your category management practices and translate the findings into actionable improvement opportunities and accelerate adoption. The performance of your procurement organisation is relative Everything is relative in Procurement. We have seen progress in the results.

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What About Procurement Objectives?

Procurement Templates

Improve Transparency: Use dashboards and reports to provide real-time procurement updates to all stakeholders. Engage in Active Listening: Conduct regular meetings with stakeholders to understand their evolving needs and integrate feedback into procurement strategies.

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How to Build a Successful Procurement Strategy in 2025

ivalua

Intake management software that supports these controls can help standardize how requests are handled and who gets involved. Prioritize High-Impact Categories for Strategic Sourcing Category management involves applying strategic sourcing resources where they will deliver the most business value.

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How to Build a Successful Procurement Strategy in 2025

ivalua

Intake management software that supports these controls can help standardize how requests are handled and who gets involved. Prioritize High-Impact Categories for Strategic Sourcing Category management involves applying strategic sourcing resources where they will deliver the most business value.

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Skills frameworks and assessments for Procurement: What they are, why they matter, and how they work

Future Purchasing

Our 2024 Global Category Management Report identified stakeholder engagement and alignment as the primary barrier to success in category management and procurement. And with the advancement of technology, these skills become more important than ever.

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Expanding the influence and impact of Procurement

Spend Matters

The procurement leadership team fully supported and embraced the implementation of these new tools and their individual leadership and commitment created a lot of positive momentum and stakeholder engagement. For the third piece of tech, a contract management system, the Legal Department was a strong ally.