Category Management (SOURCE)

Category management incorporates a sourcing process that flows from stakeholders engagement to post-contract supplier relationship management. Following a structured category management methodology will result in better sourcing outcomes and reduces total cost of ownership.

Overview

Category management incorporates a sourcing process that flows from stakeholders engagement to post-contract supplier relationship management. Following a structured category management methodology will result in better sourcing outcomes and reduces total cost of ownership.

Objectives

  • Provide delegates with a process and a range of supporting tools and techniques to analyze their supply position and supply markets to develop a range of sourcing options
  • Align the sourcing options to business and stakeholder needs to ensure effective and appropriate sourcing strategies are developed
  • Use of a range of strategic tools and techniques to identify logic support principles negotiations with suppliers
  • Maximize the value from suppliers of purchased goods and services aligned to the organization’s business needs and requirements

Target Participants

This course is designed for Procurement Professionals from a variety of disciplines.