Category Management

Managing related purchases as a portfolio with a dedicated strategy.

Area: Procurement
In this area: 40 terms of 259

Category management groups similar spend — packaging, freight, IT, professional services — and assigns each group an owner and a strategy based on market structure, spend size and supply risk.

It replaces reactive, order-by-order buying with a plan per category: which to consolidate, which to keep competitive, which to partner on, and which are simply not worth the effort.

See it in AWRA OpsHub

Strategic Sourcing