Category Management Focus on: - Alignment with the Business
- Supplier classification/segmentation
- Setting Strategic Sourcing and Contracting priorities
- Extracting value from the category
- Measuring and managing performance
- Identification of performance improvement opportunities
- Opportunities for value realization
- Monitor Markets for TCO Models
| Sourcing Focus on: - Highest Impact/Critical/Complex categories
- Global spend analysis
- The supply/demand market dynamics
- The models – Should Cost & TCO
- Department’s position in the market
- Technical requirements
- Strategy Development
- Negotiations strategy & process
- Change management
| Contract Management Focus on: - Managing contract terms and conditions
- Tracking supplier performance
- Providing feedback back to the category management, market intelligence and sourcing teams
- Review compliance and track rogue spend
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