Precise Category Management Knowledge
Home / July 18, 2016

We all have often looked over the essential info and data to which Category Managers need access. examples include, supplier spend, category spend and individual business unit spend (see the standard model we have produced listed below.) As we have mentioned, this information is frequently much less readily available as would be liked. At the same time, it’s absence is undoubtedly recognized and reported by the Category Managers that have to play the game ‘Spreadsheet Detective’ in an effort to manually close the information gap! This document seeks to find an additional level of category knowledge that’s unique and not identified somewhere else to the best of our knowledge. Tier 2 is far more specialised information that will differ depending on the profile of the category and also the potential value that may be obtained by simply building on the facts and knowledge out of Tier One. This provides undeniably really advanced information and category strategies that fully connect with the organization. The main importance of comitting to the extra effort is gained whenever negotiating with suppliers as the knowledge gained will offer valuable insight to operating costs and also determine the opportunity to go after a reduction and /…