External analysis helps connect business requirements to the supplier base in developing a strategic approach to category management. It builds on preparation and internal analysis as the foundation for excellent category management outcomes.
The second step to create a category management strategy: internal analysis
Organizations rely on category management to build alignment between procurement strategies and business requirements. Internal analysis is a critical step for understanding the current state of procurement so you can create a category management system that delivers proactive, strategic support for your company.
Preparation is the first step in a solid category management strategy
Successful category management can help supply managers be more strategic with goods and services, align to the business, and leverage resources. Preparation – the ideal first stage in your playbook – sets the groundwork for excellent category management governance and accountability.
How 2021 executive orders impact supply chain
Robert B. Handfield, Ph.D. of North Carolina State University provides a perspective on U.S. President Joe Biden's post-inaugural executive orders, and what they mean for supply managers.
7 stages to business-aligned spend strategies
A category management playbook can serve as an excellent guide for supply management professionals. Here are seven stages you should include.
How to Implement a Category Management Approach
Category Management is a critical function in strategic supply management organizations. "A Playbook for Category Management" dives into benefits of and reasons for implementation.
Online Marketplaces & Procurement
Originally consumer-focused, online marketplaces are now poised to disrupt B2B business. We discuss the opportunities and risks of online marketplaces and changes to expect for the future of procurement.
Turn Reverse Logistics into a Profit-Center
Reverse logistics is actually a diamond in the rough, and if approached from a strategic and holistic perspective, it can become a long-term profit center and beacon for sustainability. A new CAPS whitepaper can help facilitate the journey up the maturity curve.
Cultivating internal relationships for supply management success
How teams can cultivate successful internal partnerships and what they provide to the organization beyond simply reducing costs
Top-down buy-in for diversity programs empowers diverse suppliers
As supply management professionals, many of us have been involved to some degree in supplier diversity programs, but why are these initiatives more important than ever, and what more can be done?