The strategic sourcing team is responsible for the contract negotiation and procurement of goods and services specific to a department when their need exceeds $10,000. Category management is ... Business Wire: The Role of Strategic Category Management in Driving Organizational Value โ€“ A SpendEdge Whitepaper LONDON--(BUSINESS WIRE)--SpendEdge, a global procurement intelligence advisory firm, has announced the completion of their most recent whitepaper on strategic category management.

Understanding the Context

As procurement is at ... The Role of Strategic Category Management in Driving Organizational Value โ€“ A SpendEdge Whitepaper Category management and Sourcing are arguably the most valuable contributions procurement functions make to their organizations. COVID-19 has created opportunities for Procurement to aggressively ... What is strategic sourcing and how does it work?

Key Insights

Strategic sourcing is an approach to supply chain management that formalizes the way information is gathered and used. It lets an organization ... Business Wire: Attaining $20 Million in Savings Annually for a Food Retail Industry Client - SpendEdge's Latest Category Management Engagement LONDON--(BUSINESS WIRE)--SpendEdge, a well-known procurement intelligence solutions provider, has announced the completion of their latest category management study for a food industry client. The ... Attaining $20 Million in Savings Annually for a Food Retail Industry Client - SpendEdge's Latest Category Management Engagement I spend a lot of time connecting with executive supply chain and procurement leaders.

Final Thoughts

Many of these folks are now actively rethinking their strategic sourcing and supply management approaches. Supply ... ATLANTA & HELSINKI--(BUSINESS WIRE)--RELEX Solutions today introduces a new, modern approach to category reviews with RELEX Space for Category Management. Built within a cloud-native interface, RELEX ... pymnts: Coupa Acquires Cirtuo to Add Category Management to Spend Management Platform