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:
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:
Change Management:
We support your initiatives through performance bench marking, business case development, strategy creation, organizational design and program coordination.
Process Rigor:
Embedding defined processes and world-class materials in category management, strategic sourcing, and supplier relationship management.
Capability Development:
Building high-performance teams through a skills assessment, e-learning, virtual classrooms and face to face training for all who interface with suppliers.
Implementation:
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 …
If you you would like to learn more about Category Management and how we can support you in implementing the key principles contact us for a conversation.
Over on the Purchasing Practice Academy we have a full suite of Category Management training.