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Category Management – Advanced – Online Public Course – October 2024

Home Courses Category Management – Advanced – Online Public Course – October 2024

Cost: £1,720 + VAT per person*
Date: 14-15, 21-22 and 28-29 October 2024
Venue: Delivered online as a series of 6 x 3.5 hour workshops

If the above dates don’t work for you, we can keep you informed of future dates for this course – click here to get in touch.

An advanced Category Management course aimed at experienced or developing purchasing staff and potentially some key stakeholders. The course covers all aspects of our 5i® Category Management process.

This course enables and fully equips you to deliver significant business benefits around reduced price and cost, reduced supply base risk and to unlock innovation and greater value for your most important categories of spend.

This is our most popular course and is essential for anyone embarking on, or attempting to re-establish, a Category Management program. Our experienced trainers bring the training to life using a combination of inspirational tuition, facilitated group work and case studies. We can customize the course as needed and, if required, we can combine training with supported working sessions for delegates to work on their own categories, creating key outputs from the workshop.

This course is CPD certified, meaning the learning activity has reached the required Continuing Professional Development standards and benchmarks for integrity and quality. It also holds the IFPSM: Programme Accreditation Standard (PAS) and counts as credit towards the Positive Purchasing Master Practitioner in Strategic Procurement programme.

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CPD Certified

Learning objectives

By the end of this course delegates will be able to:

  • Describe what Category Management is, how it adds value and apply it to key spend areas
  • Explain the key steps of the process and determine which tools to apply
  • Establish a cross-functional team and engage the business
  • Define business requirements for a category
  • Analyze a category and develop a breakthrough category strategy
  • Create a source plan or category strategy
  • Develop a detailed implementation plan
  • Manage implementation and apply change management principles
  • Describe how to develop contractual terms to align with the category strategy
  • Begin to implement suitable arrangements for supplier management
  • Manage the category on-going
  • Determine when to restart the category management process

Who should attend

  • Procurement professionals
  • Junior or developing buyers
  • Purchasing managers
  • Purchasing leadership teams
  • Stakeholders who are to support or be part of category teams

Course Content

Understanding Category Management

  • Introduction to Category Management and defining our category
  • Achieving breakthrough results
  • The STP (Situation, Target, Proposal) tool
  • Planning and kicking-off the category project

Cross-functional working and engaging the business

  • Cross-functional teams and effective team formation
  • Stakeholder Mapping and Communication Planning
  • Quick Wins and Opportunity Analysis

First insights and business requirements

  • Early insights into category using Day One Analysis
  • Determining how to secure value (Value Levers)
  • Business Requirements definition and prioritization
  • Supplier Conditioning
  • Data Gathering (internal, supplier and market)

Gaining insight into the category

  • Getting behind suppliers price using price model
  • Purchase price cost analysis (analyzing ‘should cost’)
  • External environment analysis using PESTLE and Porter’s Five Forces

Developing the category strategy

  • Strategy development using Portfolio Analysis/Kraljic Analysis and Supplier Preferencing
  • Summarizing all the analysis and findings using SWOT
  • Strategic sourcing options generation and evaluation
  • Source Plan/strategy development and approval

Implementing the category strategy

  • Risk and contingency planning
  • Detailed implementation planning and project management
  • What next - managing the supplier and ongoing attraction of breakthrough and innovation

What You Will Get

This high-impact, online training course will be delivered by a leading procurement expert.

Delegates will receive:

  • Full colour 5i training workbook
  • Laminated 5i processes
  • Copies of all case studies and group work exercises
  • A copy of the book, Category Management in Purchasing, by Jonathan O’Brien
  • Summary of course evaluations and feedback
  • A certificate for all delegates who complete the course
  • A 3-month subscription to Procleus - the complete online strategic procurement academy, toolkit and resource centre for purchasing professionals.

*Note: Terms and Conditions apply, click here to view.

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Course Catalogue

To download our Training Course Catalogue, please click the link below.

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Get in Touch

If you’d like to discuss how our training, platform and package options could work for your organization, please click below or call us on +44 33 00 94 0000.

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