A highly interactive training course on

Category Management in Procurement

Maximising Value from Procurement & the Supply Chain

Course Schedules

Istanbul

20-24 Jan 2025

$5,950

London

19-23 May 2025

$5,950

Dubai

08-12 Sep 2025

$5,950

Training course overview

To maximize value from procurement, it's essential to combine effective techniques with the right tools and approaches. This training course offers a comprehensive methodology on Category Management, demonstrating how it can enhance Procurement Management operations.

Originally developed in the retail sector for inventory management based on profitability and customer segmentation, Category Management has now become a vital strategy in various industries. It provides a framework for organizing and managing suppliers and products effectively, utilizing key principles to optimize inventory acquisition and enhance overall procurement performance.

What are the goals?

By the end of this course, participants will be able to:

Apply a thorough understanding of category management in procurement.
Identify, analyse and evaluate procurement opportunities.
Understand the keys aspects in category management.
Use tools and techniques to improve organisation’s competitiveness.
Apply the knowledge in procurement and supply chain in organisational improvements.

Who is this training course for?

This course is suitable to a wide range of professionals but will greatly benefit:

Procurement, buyers and purchasing professionals
Those who need to maximise value from procurement and the supply chain
Those who need an understanding of the relationships between risk, cost and service in supply chains

How will this training course be presented?

This course will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. The course is highly interactive and will prompt delegates to reflect on current practices and on their team goals. The tutor will guide and facilitate learning using a wide variety of methods including direct input, discussions, and case studies.

Course Outline

Day One: Understanding Procurement and Category Management

Definition and understanding Procurement and purchasing
Definition of Category Management
The evolution of Category Management
Models used in Category Grouping
The aspects to be considered in category groups
Managing Selective Inventory Control

Day Two: Maximising Value and Procurement Excellence using Varied Routes

The Procurement Excellence Roadmap (PER)
The importance of Category Management in Procurement
Value improvement using category management
Value Adding from Categorization
Class Exercise on Category Management in Procurement

Day Three: Understanding the Supplier Sourcing and Selection Routes

Traditional purchasing revisited
Value and risk analysis
The model in identifying inventory classification
Best price evaluation
Understanding collaborative supplier management
Supplier Portfolio Analysis (SPfA)

Day Four: Recognising and Overcoming the Barriers to Category Management

Common barriers and challenges
Overcoming such barriers
Best Practice in the implementation of new ideas
Managing price sensitive products
Economic Order Quantity
Criticality Analysis
Class work on Selective Inventory Control (SIC)

Day Five: Category Management and Rethinking the Supply Chain

Supply chain futures, predictions and what needs to be done
The improvements for re-engineering end to end supply chains
Supply chain excellence and shareholder value
The steps to supply chain excellence
Developing the supply chain strategy
Supply chain strategy best practice

The certificate

Coventry Academy Certificate of Attendance will be provided to delegates who attend and complete the course.
The applicable PMI Professional Development Units/Contact Hours will be reflected in the Certificate of Attendance