“How Do Leading Organisations Build a ‘Procurement Ready’ Knowledge Base?”
Do you find that having invested millions on your business ERP system (eg SAP, Oracle
etc) that it’s outputs can really only be used to generate the P&L analysis for
Category knowledge sits at the heart of the category strategy and innovative category
managers develop powerful ways to analyse, connect and present information – despite
the limitations of existing systems.
To help all category managers achieve an exceptional standard leading organisations
are adopting a systematic approach and creating ‘Procurement Ready’ knowledge bases.
These have two tiers of information:
Tier 1 Category Generic Knowledge
is the foundation level data that is required for all categories. These are the
Tier 2 Category Specific Knowledge
is more specialised data that will vary depending on the profile of the category
and potential opportunities. This provides truly leading edge insight and category
strategies that fully connect with the business.
How to Benchmark your capability in Category Management
FP can help you to confirm the scale of additional benefit available to your organisation
by optimising category management.
We can compare you against “world class” performance and confirm what you need to
change in order to optimise Category Management and advance to the next level of
The process takes approximately five days and the report will identify your strengths
and weaknesses and a customised roadmap to optimise Category Management in your organisation.
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