Category Management

FRAMEWORK

Analyze current Supplier Portfolios and benchmark with external Supplier capabilities

Kick off Sourcing Projects
Conclude new agreement in regard to governance model, communication channels, adjusted performance metrics and reporting framework
Deploy savings tracker
Ensure contract compliance

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

Ensured uniformity of practices in sourcing process

Transparent measures with increased vendor visibility

Comprehensive insight for right decision-making process

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

Established documentation repository framework and enabled knowledge management practices

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

Market research across existing and potential new global/local suppliers

Supplier performance report card and scoring framework

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

Improved visibility of spend categories with streamlined and controlled spend activities

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

Calculation methodology and savings tracking tools