In this new episode of the Art of Procurement podcast, host Philip Ideson asks the question: will category management, the way it is currently structured in most organisations, ever actually achieve mainstream adoption?
“I still believe that category management can be the future of procurement. And yet, category management still struggles to achieve the kind of status, understanding and role in the business it needs to ensure its relevance and impact, especially against an increasingly automated environment,” said Philip.
The podcast explores the key tactics and processes procurement should consider adopting to strengthen the category management model, including:
- Adopt a nuanced approach to where and how you deploy category management
- Align your rollout with the business
- Invest in catalysts and changemakers
- Decouple category management from full-service buyers
- Leverage AI and automation
“It might be long overdue, but there’s no time like the present to tackle head-on some of the biggest roadblocks holding category management back and try to think of new, more effective ways we can solidify its position as a core strategic function and value driver,” added Philip.
Listen to the podcast here or find it on Spotify and Apple Podcasts.
