Category Management in Procurement offers a powerful, strategic approach that goes beyond sourcing to deliver long-term success.
This category management training is specifically designed to equip procurement professionals with the tools and techniques needed to analyze spend, develop effective strategies, and manage categories in a way that aligns with organizational goals.
With a focus on real-world application, participants will gain the skills to:
For those looking to truly refine their approach to category management, this course provides practical insights and ready-to-use resources to drive measurable results in your procurement initiatives.
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The concept of “Category Management” was originated by retailers seeking to focus processes and people around the performance of categories of products sharing core similarities. A different form of Category Management has been developed by procurement groups as an alternative approach to Strategic Sourcing.
This Procurement Category Management Training is for procurement groups which are involved in ‘full lifecycle’ product development and spend management. These are often groups which have employed “Strategic Sourcing” approaches for two or more iterations, and are seeking to find more holistic ways of improving spend category performance.
WHO SHOULD ATTEND?
This program trains participants in core aspects of:
PROGRAM OUTCOME:
Participants in this master class learn approaches which directly pertain to the definition, sourcing, and management of defined groupings of spend categories which share leveraging and optimization opportunities.
Class members also learn ways to expand Total Cost of Ownership (TCO) modeling techniques to encompass lifecycle costing revenue modeling to determine the true TCO for particular procurement groupings of expenditures.
Strategic Procurement Solutions’ instructors bring advanced strategies, tactics, concepts, techniques and examples to the program which they have learned in corporate sourcing leadership roles. The sessions include a mixture of instruction, group case studies, interactive dialog, and…multiple “real world” negotiation role playing exercises. Participants receive a 150+ page color training manual.
BRIEF PROGRAM OUTLINE:
The workshops are designed for professional corporate audiences, and can ideally be conducted with up to 20 participants per session.
The curriculum includes the following key elements:
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Is this training available online or in-person?
Yes, this training is available both as a 2-day instructor-led classroom session and as a live virtual training via Zoom or Microsoft Teams, providing flexibility for participants.
What topics are covered in the training?
Key topics include:
What is the cost of this category management training?
To get pricing details, please contact us directly at +1-312-300-8968 or through our website for a priority response.
Can this training be customized for teams?
Yes, this training can be tailored to meet the specific needs of teams with 10 or more participants, ensuring alignment with organizational goals and challenges.
How do I register for this training?
To register, contact us at +1-312-300-8968 or fill out the inquiry form on our website for a quick response.
Do I need prior knowledge of category management to attend this training?
No prior knowledge is required. This training is designed for both beginners and experienced professionals looking to deepen their understanding and skills in category management.