Procurement Toolbox # 1: Category Management

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Struggling to deliver maximum value in your projects? This course equips you with the key insights to make smarter decisions.  By diving deep into spend analysis, understanding category relationships, and aligning with business requirements, you'll gain the power to identify cost drivers and mitigate risks. This comprehensive approach ensures you're not just meeting needs, but exceeding expectations and maximizing value for every dollar spent.

What You Will Learn in the Procurement Toolbox # 1: Category Management Course?

• Master spend analysis: Learn how to analyze spending patterns to identify areas for optimization and cost savings.
• Unlock category relationships: Gain insight into how different categories of spend interact and influence each other.
• Align with business requirements: Develop a strong understanding of your company's business needs to ensure spending aligns with strategic goals.
• Demystify cost drivers: Identify the key factors that impact your overall costs and develop strategies to control them.
• Navigate risks with confidence: Learn how to identify and mitigate potential risks associated with procurement and spending.

Why Learn with Richard Beaumont:

Richard has almost 40 years’ experience as a leader and procurement professional.  Following a career in the British Army, Richard has held c-suite roles in Construction, Finance, Aerospace and Training as well as Consultancy with McKinsey.  Across these roles, Richard has focused on strategic change and, in particular, the training and coaching support to colleagues experiencing that change.  Richard has trained over 2500 Category Managers across most sectors and is a regular Chair and Speaker at international procurement conferences.

Who Is this course For?

This course is designed for a variety of professionals involved in procurement:

• Procurement Professionals: This course is ideal for anyone working in procurement, including procurement managers, category managers, and aspiring procurement specialists.
• Supply Chain Professionals: Individuals involved in the supply chain, such as those in logistics or sourcing, would benefit from the understanding of spend analysis and category relationships.
• Contract Managers: Those responsible for managing contracts will find value in learning about cost drivers and risk mitigation.
• Anyone Involved in Procurement Processes: Regardless of your specific title, if you're involved in procurement activities, this course can help you make smarter decisions and maximize value.

Suitable for the following roles:

• Entry-Level: Procurement Assistant, Procurement Coordinator, Purchasing Clerk, Sourcing Specialist
• Mid-Level: Procurement Specialist, Sourcing Analyst, Contract Specialist, Supplier Relationship Manager, Operational Buyer, Buyer, Inventory Contoller
• Senior-Level: Senior Procurement Specialist, Senior Sourcing Analyst, Lead Buyer, Procurement Manager, Category Manager, Strategic Sourcing Manager, Commodity Manager, Regional Commodity Manager
• Executive-Level: Director of Procurement, Chief Procurement Officer (CPO)
• Specialized Titles: Commodity Manager, Global Sourcing Manager, Indirect Procurement Manager, E-Procurement Manager

Requirements

• Access to Internet
• Computer / Laptop / Mobile Device

What Is Included?

• Immediate unlimited access to course materials
• 30-day money-back guarantee
• Exercises and quizzes to help you put theory into practice
• English Closed Captions
• Full transcripts in PDF for each lesson
• Suitable for mobile or desktop
• SCMDOJO Certification when you pass the course quiz (accessible from Learning Center post-sign-in)