Category Management
Category management solutions offered by SpendEdge can help category managers realize their sourcing goals and achieve best value delivery.
Overview
As a category manager you know the game has evolved and the stakes are higher. Your role no longer just revolves around reducing direct and indirect cost, consolidating spend categories, and finding efficiencies. Today, you are expected to operate at a strategic level, impacting both the bottom line and top line, and deliver maximal value throughout the supply chain. You also know that your competitors are in it to win it, and your category management solutions need to be much more sophisticated, effective, and ever-evolving.
At SpendEdge, we have specialized these past 17 years in helping category managers across all stages of the procuring life cycle to devise a strategic approach to spend management that results in winning category strategies and execution. Our insights empower your procurement experts to strategically plan and execute in alignment with corporate objectives, in compatibility with their category KPIs, and by being educated on upcoming industry and technology trends in their category. Our category management services provide actionable insights to enable your category management teams to adopt a proactive approach to category planning.
CATEGORY MANAGEMENT
Category Management Service:
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Category Management Service:
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Price Benchmarking
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Spend Analysis
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Supplier Negotiations
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Tail Spend Management
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Market Intelligence and Benchmarking
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Supplier Performance Reporting
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Strategic Sourcing
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Category Strategy Development
Why SpendEdge Category Management Services?
- Breakthrough Savings
- Improved Service Levels
- Supplier Capability Development
- Competitive Advantage
- Evaluating Opportunities
- Proven Methodologies
- Risk Management
- Resource Utilization
- Process Improvement
Minimize supply chain disruptions
Access to ongoing advisory and procurement market intelligence is critical in order to understand risks and factor strategies that help minimize or alleviate risks. A core pillar of our category management services is analysis and assessment on supply chain risks in order to keep the value generation stream “always on” throughout the sourcing life cycle.
Results & Testimonials
The team managed to gain detailed insights on a market I knew already and present details on what we should be aware of.
We gain access to all latest industry news, supplier updates and innovation landscape too, in addition to the research reports. Our category managers used to go through large set of information sources to track these news items. With the help of SpendEdge’s tool, we gain direct access to news articles that are only relevant to the procurement landscape, hence saving us a lot of time.
The best thing about the report is that – if utilized correctly for strategy creation, it will assist category teams in unlocking true value.
Case Studies
Attaining $20 Million in Savings Annually for a Food Retail Industry Client through Category Management
Leveraging MRO Supply Chain Efficiency Through Category Management
SpendEdge’s Category Management Strategy Helps a Leading Player in the Fashion Retail Industry Save $6 Million
Featured Blog:
Common Category Management Challenges and Ways to Overcome Them
Featured Whitepaper:
Analyzing Key Components of Category Management and Boosting Sales Volume by Over 10% for an FMCG Company
Featured Blog:
Category Management Best Practices for Retailers
Featured Press Release:
SpendEdge Discloses Key Strategic Sourcing and Category Management Strategies to Maximize Value
Our Expertise
Category Market Intelligence
Transitioning your category procurement strategy beyond cost-saving and into a strategic function of the organization.
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Supply Market Analysis
Enabling companies to achieve procurement maturity, enhanced savings and reduced risks through supply market intelligence.
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Low-Cost Country Sourcing/Best Cost Country Sourcing
Empowering you to select the most optimal cost sourcing locations, by understanding prime cost advantages and the associated risks.
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Benchmarking
Developing a competitive edge and winning strategy through supplier, price and procurement best practice benchmarking.
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Spend Analysis
Optimizing an organization’s spend, by effectively identifying, categorizing, visualizing and evaluating in to order identify savings across the supply chain.
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Cost Modeling and Should-Cost Analysis
Obtaining visibility of costs across the value chain to make informed suppliers, pricing, risks and budget-related decisions.
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Total Cost of Ownership (TCO) Analysis
Estimating the true cost of doing business, including all direct and indirect costs as the foundation for price negotiations.
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Supplier Risk Analysis
Leaning on timely proprietary and secondary market research to evaluate the supplier risk profile in order to mitigate risks.
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Supply Chain Risk Assessment
Future-proofing operations and profitability against predictable and unpredictable surprises across the supply chain.
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Sustainability Practices Assessment
Transforming businesses and procurement practices with a focus on the triple bottom line value generation: financial, environmental and social.
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Commodity Price Forecasting
Activating data-driven procurement planning, assessing pricing-related risks, and supply chain disruptions due to price volatility.
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Category Management
Transitioning your category procurement strategy beyond cost-saving and into a strategic function of the organization.
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Supplier Negotiations
Positioning sourcing and procurement teams for winning negotiations with current and prospective suppliers.
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Contract Management
Increasing confidence and efficiency in contract negotiation and execution, through analysis, insights and best practices.
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