Overview
An introductory Category Management course aimed at stakeholders or individuals who are coming into contact with Category Management programs.
Develop winning category strategies by ensuring that those across the business who need to be involved understand, support and actively participate in the Category Management process. This course provides an introduction to 5i® Category Management and includes an exploration of key principles and what makes it so successful. The role of purchasing within organizations is also explored to help delegates understand the value that is possible and what is needed to unlock it.
Classroom
1 day
Virtual
2 x 3.5 hours
Course Content
Introduction to Category Management
- Introduction to Category Management
- The principles of Category Management
- The Category Management process
- The STP (Situation, Target, Proposal) tool
- How suppliers gain advantage - Day One Analysis
- Cross-functional team approach
Determining our requirements and future direction
- Determining business requirements
- Fact Find Planning and using AI
- Understanding the marketplace
- Price Model
- Some early insights analytical tools
- Defining a sourcing strategy
Key steps or activities for Sustainable Procurement
Learning Objectives
By the end of this course delegates will be able to:
- Describe what Category Management is and how it adds value
- Explain the key steps of the process
- Describe the ways that suppliers gain advantage
- Apply some simple tools to help understand and plan a category
- Define business requirements
- Play an active role in a Category Management project