Category Management
Procurement
Category Management
Strategic management of related spend categories using market knowledge, sourcing strategies and supplier portfolios.
Examples
- 01Through category management, purchasing groups all packaging spend of EUR 6 million into one category with a single strategy and three main suppliers.
- 02In category management, the packaging category manager reviews each supplier's price, quality and delivery performance before placing next year's volume.
- 03A sourcing action from category management, moving labels to one supplier, has an owner, a deadline and a target saving of EUR 120,000.