3 factors affecting procurement planning
Achilles’ Debbie Metcalfe LLM MSc MCIPS, Trainer and Advisor, shares…
The concept originated in the retail sector where similar or related products are easily grouped. But its usefulness to procurement professionals in other sectors has led to its spread into other industries. Category management allows organisations to develop strategies for more efficient management of product or service groups, covering everything from stationery and fuel to legal and travel services. It enables strategic sourcing within each category, aligned to the organisation’s needs.
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