What's New in Category Management
Research Study on the Value of Category Management
Despite the prominence of category management in the Procurement field, limited research has been undertaken on the practicalities and value of implementing category management (category planning/sourcing/SRM). This is an area that most CPOs and PLTs are very interested in – especially if it provides insights into driving greater savings or team productivity.
As a result, Future Purchasing (FP) is conducting a survey to examine the value that organisations are realizing from their category management activities. The survey will be structured around FP’s “Five Building Blocks of Best Practice Category Management”:
- Build
- Learn
- Apply
- Lead
- Deliver
Study Objectives
- Generate insights into the challenges and enablers of successful category management – Build/Learn/Apply/Lead/Deliver.
- Identify best practice activities that are proven to increase cost savings, enhance supplier value and improve productivity within Procurement teams.
- Provide a summary of the critical success factors to implementing successful category management activity and behaviours.
Participant commitment
Participants will be asked to complete a brief survey document on line which should take approximately 15-20 minutes.
Deliverables
We expect the final report to include:
- Summary report detailing how major organisations approach the Build/Learn/Apply/Lead/Deliver elements of category management.
- Summary analysis of benefits delivered, operational approaches and resource requirements.
- Industry leading category management benchmarking and diagnostic tools.
Milestone Plan
| Issue survey on line |
Start Feb 2012
|
| Close survey |
End Feb 2012
|
| Analyse findings & write report |
End March 2012
|
| Issue report |
April 2012
|
Contact us
for more information on category management or this survey. Call Simon Brown on:
+ 44 (0) 7961 110529
or email
sbrown@futurepurchasing.com
