Category Management is definitely an approach to procurement that groups together items that either have similar faculties or are sourced from similar supply areas. These categories of invest are then managed being a complete value string (from person towards the cheapest tier companies) using the objectives of reducing costs, increasing service and stimulating innovation. Here are ten strategies for kick-starting your category management programme.
- Get a senior management mandate. The category administration approach will in all likelihood be different to the approach your organization currently takes. This will include modification so when with any modification effort it is essential you will get a mandate from senior management who can then assist direct policy and eliminate any organisational barriers you may find.
- Develop the scope. The kick off point for category administration is to get an obvious picture of everything you presently invest. Developing a invest cube (a database that lets