What Is Category Management

The subject of what is category management encompasses a wide range of important elements. CategoryManagement | CIPS. What is category management? Many organisations ask ‘what is category management?’. The answer is that category management is a powerful way of reimagining the way procurement works.

It can be applied to almost every business and can make it more efficient and responsive Category management means grouping related products into categories. Category Management Cycle & Process | CIPS. This perspective suggests that, how do you implement category management? A useful tool that will help you implement category management is to use our Category Management Cycle. The model is a four-phase process, with six key activity steps so you can successfully procure significant categories of spend.

You can apply certain elements of the model when you don’t need to follow the full process. Additionally, implementing your category management strategy Once your strategy is agreed and approved by senior management; the category manager needs to work with the stakeholders to gain buy in. The strategy needs to be supported by everyone to ensure its effective. What are the benefits of category management?

Procurement is often seen solely a reactive cost centre. Category management shows us that it can become a proactive business enabler. Similarly, this is developed by the process of grouping products together to create cost efficiencies.

It can also generate valuable data insights. Depending on the business, its function, its size and, more importantly, how ... Category Management Training & Certification | CIPS.

With our category management training course, you’ll be able to apply all of the models discussed directly into your organisation with an action plan. Building on this, you’ll learn to utilise and apply a range of tools and techniques and gain the foundation to develop a category management strategy. Category management Advanced Diploma In Procurement Supply | CIPS. Category management involves applying the end-to-end procurement process to a specific range of goods or services.

This involves preaward processes such as category analysis and demand management, sourcing and contract negotiation, and the post-award processes such as performance management. Category Management - Differences With Strategic Sourcing | CIPS. The big differences between category management and strategic sourcing Category management and strategic sourcing are two of the most common procurement approaches. Both approaches aim to drive efficiencies throughout the supply chain, whilst looking at opportunities within the market.

Category Manager - Job Profile | CIPS. It's important to note that, discover how to become a Category Manager with CIPS. Access the best qualifications and understand the job responsibilites and salary guide.