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Category Management

Category Management
 

FRAMEWORK

  • Analyze category spend
  • Assess & prioritize opportunities
  • Develop detailed profile of category
 
 
  • Review company procurement strategy and governance structures
  • Create and develop Strategic Category Plan
  • Build the internal communication structure with all stakeholders
 
 
  • Analyze currrent Supplier Portfolios and benchmark with external Supplier capabilities
  • Set up ongoing supplier management plan
  • Ensure consistency with operational stream and execute formal handover
  • Formal transfer of documentation capturing all delivery agreements
 
 
  • Kick off Sourcing Projects
  • Conclude new agreement with regard to governance model, communication channels, adjusted performance metrics and reporting framework
  • Deploy savings tracker
  • Ensure contract compliance

BENEFITS

PROFITABILITY

Increased level of cost optimization, better alignment of sourcing and business objective

STANDARDIZATION

Ensured uniformity of practices in sourcing process

EFFICIENCY

Transparent measures with increased vendor visibility

BUSINESS GUIDANCE

Comprehensive insight for right decision-making process

SUPPLIER RELATIONSHIP

Trusted relationships based on transparent contractual amendmends, aligned governance and regular communication

KNOWLEDGE MANAGEMENT

Established documentation repository framework and enabled knowledge management practices

DELIVERABLES

SPEND ANALYSIS

Full visibility on spend with saving opportunities indentified (opportunity assesment)

SUPPLY MARKET ANALYSIS

Market research across existing and potential new global/local suppliers

SUPPLIER DEVELOPMENT

Supplier performance report card and scoring framework

STANDARDIZED DOCUMENTATION

Structured and documented sourcing process including RFX tempate and supplier evaluation criteria

CATEGORY PROFILE

Improved visibility of spend categories with streamlined and controlled spend activities

SUPPLIER CAPABILITIES

Matrix of supplier capabilities segmented by business, sub-category, and key supplier capability

TRANSPARENT MEASUREMENTS

Calculation methodology and savings tracking tools