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Category Management in Purchasing

Description

Deployed effectively, category management delivers many benefits to the organization through optimizing the value that can be derived from the supply chain. It gives a clear structured framework that can be applied across the organization’s purchasing requirements.

Category management provides an approach to procurement which gives an organization-wide view of procurement spend and ensures the buy-in of key stakeholders to the sourcing strategy, ensuring that not only is the strategy agreed but that it is implemented and the benefits are delivered to the organization.Category Management in Purchasing fills a need in the literature available on this topic and provides the reader with a thorough insight into the principles and application of category management.

Keywords

category management Initiation Insight Innovation Implementation Improvement global marketplace

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