Category Management is a strategic approach which organises procurement resources to focus on specific areas of spends. This enables category managers to focus their time and conduct in depth market analysis to fully leverage their procurement decisions on behalf of the whole organisation. The results can be significantly greater than traditional transactional based purchasing methods.
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Category management ... where the entire category is managed as a unit ... is one of the ways collaboration is used in supply chains today (Dunne et al. 2010)
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Category management as it applies to Purchasing and Supply can be defined as organising the resources of procurement in such a way as to focus externally onto the supply markets of an...
The key elements of category management include end-to-end management of the supply chain, acute market awareness, sound (if not expert) technical knowledge, good SRM and excellent...