article thumbnail

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. Find out more.

article thumbnail

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. Often overlooked, however, is the potential for coaching to be used as a management tool from within.

professionals

Sign Up for our Newsletter

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

article thumbnail

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

Future Purchasing

Hence, Procurement need to promote the value and benefits of planning and agreeing which projects are going to be worked on over the next 12-month period with their respective business stakeholders. Context : Understand the landscape and dynamics of the industry sector that the business operates in and its impact on key categories.

article thumbnail

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.

article thumbnail

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

Barkers Procurement

Whilst Procurement had offered some historical support to ICT there had not been a dedicated IT Category Manager in place at ECFRS. This resulted in a category with no procurement pipeline and stakeholders often owning the Procurement process. Throughout the assignment, stakeholder engagement was key.

article thumbnail

Deloitte Global CPO Survey 2023 — A focus on digital maturity and how to get there

Spend Matters

In terms of technology architecture, the report offers in-depth accounts of a number of use cases, including: Active/strategic stakeholder engagement beyond tactical intake management. Category management is the core engine for scaling processes.

article thumbnail

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

Procurement Software

For example, quality of data, issues with maverick spend, stakeholder engagement, trying to get more influence within the organisation, bringing more spend under management etc. It made me realise that I definitely don’t miss the day-to-day of being a Category Manager!