Category Management in Procurement 109405 Why Choose this Training Course?To maximizes value from procurement, we need to combine techniques, with the appropriate tools, techniques and approaches. This Oxford training course will provide you an effective methodology of Category Management and how this approach can be used in effectively ensuring best in class operations for Procurement Management.Category management was first used in the retail industry to manage inventory based on profitability and customer segmentation. Now in the other industries, category management is valued as a tool to organize and effectively manage suppliers and the products through application of different principles in the acquisition of inventory.This training course will feature:The understanding of Procurement, Purchasing and Buying operationsUnderstanding the different models to categorize suppliers & their productsHow to use selective inventory management to determine the appropriate category listingSegregating suppliers and manage categories in ProcurementUnderstand total cost of ownershipWhat are the Goals?By the end of this training course, participants will be able to:Apply a thorough understanding of category management in procurementIdentify, analyze and evaluate procurement opportunitiesUnderstand the keys aspects in category managementUse tools and techniques to improve organization’s competitivenessApply the knowledge in procurement and supply chain in organizational improvementsWho is this Training Course for?This Oxford training course is suitable to a wide range of professionals but will greatly benefit:Procurement, buyers and purchasing professionalsThose who need to maximise value from procurement and the supply chainThose who need an understanding of the relationships between risk, cost and service in supply chainsHow will this be Presented?This Oxford training course will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. The Category Management in Procurement training course will adopt Robert Gagne’s Instructional Design Model and the Nine steps of instruction Learning and combine presentations with interactive practical exercises, supported by video materials, activities and case studies. Delegates will thus be to enhance retention and transfer knowledge to their workplace.
