Category Management and Strategic Sourcing
- To outline best practice in category management and strategic sourcing.
- Intended for experienced practitioners in large organizations.
- Focus on project-based approach and tools for purchasing impact.
- Key topics include building a business case and designing projects.
- Attendees will learn about cost analysis, market research, and more.
Overview
This 2-day course focuses on category management and strategic sourcing in large organizations. It covers defining category management, building a business case, designing projects, key tools and techniques, building the case, and winning arguments for commitment. The course aims to outline current best practices in category management and strategic sourcing for experienced procurement practitioners looking to enhance their understanding and skills in this modern approach. Participants will learn about project-based sourcing strategies and tools to optimize purchasing impact on supply chains.
Who should attend
Experienced Practitioners
Course duration: 2 Days
Course Running Order
Day One
Category Management and Strategic Sourcing defined
· Who is using it?
· How it differs from other procurement strategies
· What are the expected benefits?
Building a business case
· The drivers and enablers to the business case
· Systems
· Design authorities
· Structure and skills
Designing the project
· Governance structures
· Resources
· Budgets and timescales
· Monitoring performance
Day two
Key tools and techniques
· Cost and spend analysis
· Supply base analysis
· Market research and market evaluation
· Sizing the opportunities
· Prioritising opportunities
Building the case
· Stakeholders
· Constraints and restraints
· Market issues and sensitivity analysis
· Implementation costs
Winning the argument and committing to the process
Course objective
To outline current best practice in key aspects of category management and strategic sourcing
Who should attend?
The course is intended for experienced practitioners seeking to gain a detailed understanding of this modern approach to procurement in the large organisation.
Attendees will gain an insight into the introduction of category based sourcing strategies built around a project based approach and tools and techniques that have been developed to maximise purchasing impact on its supply chains.
