Category Management

Day 1

Understanding Procurement and Category Management

• Definition and understanding procurement and purchasing
• Definition of category management
• The evolution of category management
• Models used in category grouping
• The aspects to be considered in category groups
• Managing selective inventory control

Day 2

Maximising Value and Procurement Excellence using Varied Routes

• The Procurement Excellence Roadmap (PER)
• The importance of category management in procurement
• Value improvement using category management
• Value adding from categorization
• Class exercise on category management in procurement

Day 3

Understanding the Supplier Sourcing and Selection Routes

• Traditional purchasing revisited
• Value and risk analysis
• The model in identifying inventory classification
• Best price evaluation
• Understanding collaborative supplier management
• Supplier Portfolio Analysis (SPfA)

Day 4

Recognising and Overcoming the Barriers to Category Management

• Common barriers and challenges
• Overcoming such barriers
• Best practice in the implementation of new ideas
• Managing price sensitive products
• Economic order quantity
• Criticality analysis
• Class work on Selective Inventory Control (SIC)

Day 5

Category Management and Rethinking the Supply Chain

• Supply chain futures, predictions and what needs to be done
• The improvements for re-engineering end to end supply chains
• Supply chain excellence and shareholder value
• The steps to supply chain excellence
• Developing the supply chain strategy
• Supply chain strategy best practice