What is Category Management 2.0?

As Pierre Mitchell, chief research officer, wrote in Part 1 of his Spend Matters PRO series on the subject, category management 2.0 is "the lifecycle management of spend/supply categories that meaningfully impact enterprise performance." Earlier today, we published Part 2 of this series:

How Technology Helps Take Category Management to the Next Level – Category Management 2.0 (Part 2)

As the title suggests, Pierre takes us through some approaches to elevate and improve your category management processes. How does a procurement professional do this? Pierre offers some suggestions such as using market informed sourcing and "micro" segmenting your spend into logical categories.

Stay tuned this week for Part 3 of this series. The series is based on forthcoming research series sponsored by BravoSolution that Spend Matters created for its PRO subscribers.

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