January 2023
Intermediate to advanced
250 pages
11h 7m
English
Content preview from Logistics and Supply Chain Management, 6th Edition
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Category management
One of the most significant changes that has changed the way that the procurement activity is performed in many organisations is the adoption of ‘category management’. At its simplest, category management seeks to group products and services into clusters with shared characteristics and to manage them conjointly. Before the adoption of category management the same items might be bought by different managers in separate business units or divisions – often from different suppliers at different prices. Under category management a business-wide spend analysis is conducted to identify what is being bought, from whom and for which internal customer. With this information it will be possible to identify not just the level of spend ...
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