Category Management

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Cost reduction continues to top the list of priorities for procurement. Companies are requesting support in adopting new and additional strategies to meet business objectives and goals, in addition to procurement and cost reduction. And they are asking Above the Standard Procurement Services Houston to help them.

Spend Management and continued Cost Savings can be realized though Category Management, which is the process of categorizing goods and services and then managing these categories as "business units" to achieve improved outcomes in the most effective and efficient way. Category management is an end to end process with a strong Supplier and Demand Management Program, beginning with a Supplier Development Program. Benefits include better outcomes, improved quality, greater savings, efficient use of resources, a better understanding of the market and an increased focus on collaboration and innovation. Category can also result in process efficiencies streamlining providers and contracts.

The focus of Category Management is that it is a proactive approach instead of reactive, like strategic sourcing. The category manager had in-depth knowledge of the categories they are responsible for to manage and reduce waste, duplication, maverick, and out-of-control spending. They will prioritize and strategize, which creates leverage to attain lower pricing and quality of services from providers. Let ATS do this for you. Let Above the Standard Procurement Services help you continue to realize savings!