Category Management Tools


Cat man tools

A Category management strategy enables procurement professionals to focus their time and conduct market analysis to fully leverage their negotiations and correctly manage  their  suppliers in alignment with the corporate objectives.

 

Category management may involve the splitting of direct and indirect products or services or may relate to the dissecting of products or services by value, supplier, type or volume. Category management helps to organise the procurement team resources and contributes towards economies of scale and enhanced supplier relationships whilst gaining an in depth understanding of how each category contributes to risk management.

 

CIPS members can access the CIPS category management tools below to help you to segment spend into areas which contain similar or related products enabling focus opportunities for consolidation and efficiency. Access member content below: