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Category management is much more than strategic sourcing

Future Purchasing

It creates cost efficiencies across spend categories and minimises supply risks through improved supplier selection. Data gathering focuses on spend analysis and supply market research. Commercial teams take the lead and have intermittent touch-points with business stakeholders.

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What Exactly Is Procurement? And What is Purchasing?

Supply Chain Game Changer

But the job titles that he had during his career alternatively included either the word Procurement or the word Purchasing. When I was young I thought I had a somewhat clearer understanding of what my Dad’s Purchasing job was. But was that Procurement or was it Purchasing? And what is Purchasing? Purchasing .