“Is Category Management more than just Strategic Sourcing?”
Our 2012-13 Category Management Survey demonstrated that many organisations still
see Category Management as simply another term for Strategic Sourcing. Only 10% of
our survey respondents confirmed they had Category Planning as part of their Category
Management activity. This is certainly a surprising finding
At Future Purchasing we see Category Management as a much broader concept that incorporates
three key Procurement activities – Category Planning, Strategic Sourcing and Supplier
: annual planning of sourcing & supplier management activities. Creation of
a pipeline of category projects.
:creating & implementing category strategies to deliver cost savings and other
: proactive post contract management of supplier performance to deliver value improvement
For more information on how to set up a more comprehensive approach to Category
Management, please see our new video on the subject that outlines five building blocks
for successful implementation of Category Management.
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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