Global Standard for Procurement and Supply

Current segment

Level: Advanced Professional

Theme: Spend Management

Segment 4.8 Developing Organisational Expertise in Category Management

Segment 4.8 Developing Organisational Expertise in Category Management

Knowledge: Will know and understand Capabilities: Will be able to

The main models for the adoption of category management and procurement

Evaluate and apply an appropriate methodology by using contemporary techniques to improve category management and sourcing

Segmentation of procurement spend and the use of techniques to profile expenditure

Guide colleagues and other internal stakeholders to understand the dynamics of the supply chain, and recommend appropriate category management strategies

Category team selection and methods of stakeholder engagement

Encourage collaboration between procurement/supply chain personnel with stakeholders to develop effective category plans

The development of business cases, acquisition and category management strategies

Actively lead the development and promotion of effective business cases, and acquisition and category strategies with stakeholders that align to organisational objectives

Approaches to supply market research, early supplier engagement and pre-contract dialogue

Promote an understanding of the consequences of sourcing decisions on suppliers and supply markets, to create a culture of innovative sourcing solutions

The implementation of category plans

Analyse and respond to stakeholder feedback, and implement appropriate category plans to standardise processes and systems for the organisation

Strategic supplier relationship management

Develop and maintain the use of structured approaches to supplier relationship management supported by colleagues and other internal stakeholders

Approaches to category cost driver analysis

Apply cost driver analysis across key categories of spend to support assessment of cost and value creation

Knowledge: Will know and understand

The main models for the adoption of category management and procurement

Capabilities: Will be able to

Evaluate and apply an appropriate methodology by using contemporary techniques to improve category management and sourcing

Knowledge: Will know and understand

Segmentation of procurement spend and the use of techniques to profile expenditure

Capabilities: Will be able to

Guide colleagues and other internal stakeholders to understand the dynamics of the supply chain, and recommend appropriate category management strategies

Knowledge: Will know and understand

Category team selection and methods of stakeholder engagement

Capabilities: Will be able to

Encourage collaboration between procurement/supply chain personnel with stakeholders to develop effective category plans

Knowledge: Will know and understand

The development of business cases, acquisition and category management strategies

Capabilities: Will be able to

Actively lead the development and promotion of effective business cases, and acquisition and category strategies with stakeholders that align to organisational objectives

Knowledge: Will know and understand

Approaches to supply market research, early supplier engagement and pre-contract dialogue

Capabilities: Will be able to

Promote an understanding of the consequences of sourcing decisions on suppliers and supply markets, to create a culture of innovative sourcing solutions

Knowledge: Will know and understand

The implementation of category plans

Capabilities: Will be able to

Analyse and respond to stakeholder feedback, and implement appropriate category plans to standardise processes and systems for the organisation

Knowledge: Will know and understand

Strategic supplier relationship management

Capabilities: Will be able to

Develop and maintain the use of structured approaches to supplier relationship management supported by colleagues and other internal stakeholders

Knowledge: Will know and understand

Approaches to category cost driver analysis

Capabilities: Will be able to

Apply cost driver analysis across key categories of spend to support assessment of cost and value creation

This segment was last updated on: 20th May 2021

The Global Standard for Procurement and Supply structure

Released in 2014 the Standard is a competency framework of procurement and supply skills, knowledge and capabilities that can be used by individuals and organisations to identity training and professional development needs at varying levels of competency.

The Global Standard for Procurement and Supply structure
×