PODCAST: Creating more value out of category management

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More teams talk about category management in procurement than successfully carry it out.

But is the challenge one of talent or scale? 

Many would say it is one of the more creative processes procurement engages in, which opens the door to more value creation. 

But the value creation relies on procurement having the right metrics and KPIs guiding their work.

Recorded at the Art of Procurement’s AOP Digital Outcomes 2022 virtual event, Kelly Barner was joined by Gary Levitan from WeWork and Remko Van Hoek from the University of Arkansas. 

In this podcast, hear from the trio who discuss whether or not category management initiatives can be executed at scale.

“Offloading the tactical rote support pieces [of procurement work]but keeping the strategy – to me, that’s going all in. If it gives you more bandwidth to be more strategic and to really zero in on the value that you can provide, that’s going all in, says Gary. 

During the interview, you’ll hear about:

  • how category management can facilitate stakeholder collaboration when products, services, and/or suppliers overlap
  • how automating rote and even ‘boring’ procurement tasks make it possible for procurement to invest more in strategy 
  • why automation needs to be considered as part of a process or a subset of spend categories.

 

About Author

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PASA (Procurement and Supply Australasia) is the leading provider of information, education and networking opportunities to procurement professionals throughout Australia and New Zealand. PASA supports the largest community of engaged procurement stakeholders in the region, through its renowned series of events, publications, training, awards and PASA CONNECT membership network. PASA is a trading name of BTTB Marketing Pty Ltd. BTTB Marketing has operated under the BTTB, CIPSA Conferences and PASA names for over twenty years. https://procurementandsupply.com/

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