Strategic sourcing programs, no doubt, can help procurement unlock significant savings and cost reduction. But for procurement, these are mere table stakes today. To push the boundaries and deliver strategic value for the enterprise, you need a more focused and effective approach — category management.
A new white paper from GEP and the Hackett Group, Category Management: Generating Transformative Results with a Global Category Strategy, discusses how procurement can optimize value, minimize risk and catalyze innovation with a category management approach. The paper also shares four essential success factors to roll out an effective global category management program.
Read today to understand how you can enhance your team’s strategic reach and impact on the enterprise through effective category management.