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Optimize Spend With the Category Strategy Builder Tool
About Category Strategy Builder: Intuitive, Flexible, Customized
Benefits of the Category Strategy Builder
- Streamline steps involved in category strategy development
- Pursue relevant, outcome-oriented category strategy projects
- Track the value of category strategy with tailored metrics
- Communicate your plan easily via a customized report
How the Category Strategy Builder Tool Works
- Select business partner priorities
- Document market research and spend analytics
- Get category strategy project recommendations
- Assess projects based on business value and complexity
- Identify, prioritize, & sequence category strategy projects
- Download customized category strategy management report
Features of the Category Strategy Builder
- Gartner’s comprehensive catalog of category strategy projects
- Gartner’s recommended category strategy KPIs
- Personalized category strategy plan
Procurement Leaders: Achieve Your Goals Via Category Strategy
Rethink your approach to category strategy
Effective category strategy is more important than ever. But category strategy maturity is more than streamlined operations — it’s strategic skill, too. This shift inspired launching the Category Strategy Builder tool.
Unlock new sources of category strategy value
Simplify and enhance category strategy: The Category Strategy Builder drives creativity & innovation in any spend category (e.g., direct materials, indirect materials) with 500,000+ pathways for category strategy development.
Track performance to enrich category strategy
Identify category strategy metrics from Gartner recommendations. Metrics are aligned to your organization’s goals, needs, and tracking capabilities, and build accountability and actionability into your category strategy plan.
Developing Procurement Category Strategy: 4 Key Steps
Step 1. Effective category strategy starts with documenting category intelligence
Select the top three procurement value propositions that business partners prioritize the most in a particular category, then document market intelligence and spend analytics.
Step 2. Assess and prioritize category strategy projects to craft a multiyear plan
Identify category strategy opportunities based on value propositions and category intelligence, and sequence high-priority projects based on business value and complexity.
Step 3. Define success metrics for procurement category strategy
Review and select metrics to track category strategy. These goals will allow you to effectively communicate the impact your category projects will have on the larger enterprise.
Step 4. Document resources required for the multiyear category management plan
Summarize your category strategy by highlighting the current state of the category, the top five project opportunities, and the desired state of the category in the future.
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