Category Management is a strategic approach that contributes to business performance enhancement. It connects the sell side to the buy side to ensure customers’ needs are met. Strategies are developed and implemented by cross functional team members. Procurement usually initiates it and is a team member.
Category Management is a strategic approach that contributes to business performance enhancement. It connects the sell side to the buy side to ensure customers’ needs are met. Strategies are developed and implemented by cross functional team members. Procurement usually initiates it and is a team member. Depending on the type of business, companies spend can vary anywhere between 70% to 95% of the revenue. So, it is logical to invest time to develop category strategies that help align business requirements, to the supply market, the supply base & the supply chain. Category Managers can add tremendous value by developing category strategies while strengthening business alignment. Making Category Management a movement in your organisation will definitely contribute to business performance. We will help you equip your team for this splendid journey.