The Course Content
Day One: Understanding Procurement and Category Management
Definition and understanding Procurement and purchasing
Definition of Category Management
The evolution of Category Management
Models used in Category Grouping
The aspects to be considered in category groups
Managing Selective Inventory Control
Day Two: Maximising Value and Procurement Excellence using Varied Routes
The Procurement Excellence Roadmap (PER)
The importance of Category Management in Procurement
Value improvement using category management
Value Adding from Categorization
Class Exercise on Category Management in Procurement
Day Three: Understanding the Supplier Sourcing and Selection Routes
Traditional purchasing revisited
Value and risk analysis
The model in identifying inventory classification
Best price evaluation
Understanding collaborative supplier management
Supplier Portfolio Analysis (SPfA)
Day Four: Recognising and Overcoming the Barriers to Category Management
Common barriers and challenges
Overcoming such barriers
Best Practice in the implementation of new ideas
Managing price sensitive products
Economic Order Quantity
Criticality Analysis
Class work on Selective Inventory Control (SIC)
Day Five: Category Management and Rethinking the Supply Chain
Supply chain futures, predictions and what needs to be done
The improvements for re-engineering end to end supply chains
Supply chain excellence and shareholder value
The steps to supply chain excellence
Developing the supply chain strategy
Supply chain strategy best practice