The Faculty Category Management Masterclass Series| Member-Only Event

Category Management Essentials

Exactly what do we mean by Category Management and how does is differ from Sourcing?

It is essential that those involved in managing procurement and supply activity can evaluate approaches to develop category management and are able to create process plans which ensure category management success.

Across this 4-part series, Ryan Jones from Academy Global, will share insights and practical tools and techniques to opitimise your category management. Ryan will lead you through:

• How to Prioritise Your Category Roadmap
• Identifying Opportunities and Define Value by Category
• The Benefits Realisation Framework both Financial and Non-Financial

Learning Outcomes

• Understand what category management is
• Identify different approaches to adopting category management
• Recognise the skills required to implement category management
• Identify the types of expenditure that can be analysed for category management processes
• Determine data required to develop category management processes
• Apply tools and techniques to map categories of different types of expenditure

 Masterclass 1: Overview and spend categorisation

The Basics of Spend Categorisation

• Pareto Principle, Supplier and Expenditure Categorisation
• Sources of Data

Masterclass 2: Operating model dependencies to drive maturity in your approach, internal analyses

Operating Model Dependencies to Drive Maturity in Your Approach

• Sponsorship, People, Platform, Process, Training, Communication

Masterclass 3: External analyses

Breadth of Analyses to Consider

• Internal – SWOT, Spend, Contract, Stakeholder, Key Processes, Compliance, Demand,
• Inventory Management, Risk
• External – Macro – Global, Geo-Political, Supply Chain, Sustainability, Logistics, Risk
• External – Micro – Market / Industry, Porter’s 5 Forces, PESTEL, Sustainability, Legal, Risk

Masterclass 4: Application in practice

• Category Plan-on-a-Page and Executive Summary

This session is for The Faculty Roundtable members only. For more information on The Faculty Roundtable, please contact [email protected].