Coventry Academy provides a training course in Category Management in Procurement in Procurement & Materials Management
|13 - 17 Nov 2022||Online||$2,350|
Why Choose this Online Training Course?
To maximizes value from procurement, we need to combine techniques, with the appropriate tools, techniques and approaches. This Coventry Academy online 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 online training course will feature:
- The understanding of Procurement, Purchasing and Buying operations
- Understanding the different models to categorize suppliers & their products
- How to use selective inventory management to determine the appropriate category listing
- Segregating suppliers and manage categories in Procurement
- Understand total cost of ownership