Category Management OverviewBest in class supply management strategy dictates that today’s SCM professional must break from the one-size-fits-all approach to commodity management. In order to maximize value from our supplier relationships, the development of separate strategies for categories of commodities is necessary. This 2-day program teaches you to use spend analysis and proven category management techniques to remove cost and leverage value from spend categories. A more sophisticated and customized approach to commodity management will allow you to better meet the rising expectations of your management for cost reduction and contribution to revenue. No matter where you and your organization is relative to a Category Management approach, you will find value in this program, with immediately implementable ideas to assist with the development of your new program, or to assess or enhance your existing program.
SEMINAR CONTENT A. The need for Category Specific management strategies B. A value-added process of Category Management C. Approaches for cost-takeout through volume aggregation and standardization D. Value added management techniques for various types of suppliers E. Managing category specific risk F. The search for value in all aspects of the supplier relationship SEMINAR OUTLINE I. Introduction – The need for a more strategic approach to Supply Chain Management II. Approaches to Category Segmentation III. Maximizing your value from different types of supplier relationships, including manufacturers, distributors, raw material suppliers, and service providers IV. Other value-added issues, including maximizing value through consortium, outsourcing, risk management, process/administration cost management, and staffing. |
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