Category Management in Procurement
Introduction
This training course ” Category Management in Procurement ” introduces the new approach that maximizes value from procurement by combining traditional techniques, with newer tools, techniques and approaches. This course will provide you an understanding of the Category Management methodology with the necessary working knowledge of how this approach can be used in World Class companies.
Category management was first used in the retail industry to management inventory based on profitability and customer segmentation. Now in the other industries, category management is valued as a tool to organize and effectively manage suppliers and the products through application of different principles in the acquisition of inventory.
This course will feature:
- The understanding of Procurement, Purchasing and Buying operations
- What drives an organization in understanding how to categorize supplier & their products?
- How to use selective inventory management to determine the appropriate category listing
- Understanding supplier’s involvement in managing categories in Procurement
- Evaluating the procurement, purchasing processes and understands total cost of ownership
Course Objectives
By the end of this training course, participants will be able to:
- Apply a thorough understanding of category management in procurement.
- Identify, analyze and evaluate procurement opportunities.
- Understand the keys aspects in category management.
- Use tools and techniques to improve organization’s competitiveness.
- Apply the knowledge in procurement and supply chain in organizational improvements.
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This training course will be held in ( Istanbul / Sharm El Sheikh / Malaysia / Dubai / Cairo / Alexandria / London / Austria / Amsterdam )
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