Implement the Key Principles of Category Management
If you are interested in making category management a priority, implementing the key principles of category management will help place category management at the heart of your company’s overall business strategy.
Here is a bite-size look at the key principles of category management:
Category management is founded on five key principles:
- Cross- functional team approach
- Strong supply market knowledge
- Make change happen
- Stakeholder engagement
- Facts and data based
These principles rest upon the foundation of governance because successful implementation of category management requires strong corporate governance on two levels:
- Program level, where a steering group manages the category programs.
- Corporate governance refers to the system of direction and control for your company.
If you are interested in making category management a priority, we can help.
Implement the key principles of category management:
We help you “Implement the key principles of category management” through:
We support your initiatives through performance bench marking, business case development, strategy creation, organizational design and program coordination.
Embedding defined processes and world-class materials in category management, strategic sourcing, and supplier relationship management.
Supporting your program management, team facilitation, performance measurement, benefits tracking and securing financial results.
Our Category Management program is about achieving breakthrough business results through making category management a success.
Nuff said …
Over on the Purchasing Practice Academy we have a full suite of Category Management training.