Date Added: Jan 2010
The economic slowdown of 2008 issued a nearly universal business challenge: to achieve high performance in this new environment, virtually every company in every industry needed to reduce their costs while staying on course with a longterm vision. Procurement is frequently seen as a key part of the solution. High performance companies understand that procurement can align their spending with their top business priorities. And that's where category management comes in. Category management can help you manage your spend, develop your supplier portfolio, reduce your risk, tighten your control and most important of all, add strategic value to your business.