Knowledge Bank

Category Management in Practice

Category Management in Practice

World class procurement organizations have done their part in driving savings over the past decade, but there are diminishing returns to traditional approaches. In the decade ahead, procurement organizations must increase their level of partnership with business leaders while providing sustainable value that extends beyond cost savings. Strategic category management (SCM) is an approach that aligns procurement activities with business objectives and helps enable this partnership aspiration.

The session is delivered by Bruno Khan and Joel Johnson from GEP in which they discuss why SCM is needed, what it entails and how to get started with an SCM program. This webcast builds a case for developing or enhancing an SCM program, and is grounded in real-world examples.

To have a clear understanding of how SCM can add value compared with traditional sourcing approaches, watch the webcast now.