External analysis helps connect business requirements to the supplier base in developing a strategic approach to category management. It builds on preparation and internal analysis as the foundation for excellent category management outcomes.
The second step to create a category management strategy: internal analysis
Organizations rely on category management to build alignment between procurement strategies and business requirements. Internal analysis is a critical step for understanding the current state of procurement so you can create a category management system that delivers proactive, strategic support for your company.
Preparation is the first step in a solid category management strategy
Successful category management can help supply managers be more strategic with goods and services, align to the business, and leverage resources. Preparation – the ideal first stage in your playbook – sets the groundwork for excellent category management governance and accountability.
7 stages to business-aligned spend strategies
A category management playbook can serve as an excellent guide for supply management professionals. Here are seven stages you should include.
Online Marketplaces & Procurement
Originally consumer-focused, online marketplaces are now poised to disrupt B2B business. We discuss the opportunities and risks of online marketplaces and changes to expect for the future of procurement.
Turn Reverse Logistics into a Profit-Center
Reverse logistics is actually a diamond in the rough, and if approached from a strategic and holistic perspective, it can become a long-term profit center and beacon for sustainability. A new CAPS whitepaper can help facilitate the journey up the maturity curve.
Metrics of the Future
Metrics of the Future investigates successful working relationships between procurement departments and their internal customers and how these relationships can be leveraged to improve business outcomes.
Procurement's Role in Creating Extraordinary Internal Customer Experience
This research investigates successful working relationships between procurement departments and their internal customers and how to improve business outcomes.
SM Integration into Demand Management
Supply Management Integration into Demand Management offers a look into how supply management can be integrated effectively with demand management, with case studies and examples to help you adapt some of these practices to your business.