Category Management Musings

With our  Sourcing / Supply Chain Maturity Model as the backdrop, today we  are tackling Globalization.  Most organizations understand that globalization is here to stay and something that we all have to deal with.  In fact, with the current political upheavals across the world, disruption to commerce is the norm and your organization must have strategies in place to deal with them.   We hope you enjoy this latest edition of Category Management Musings.   Survey Is Your Sourcing/Supply Chain Organization Prepared for the Next "COVID-19"? : Take it here   Slides referenced in the podcast:    

 We continue the journey through the Category Management Maturity Model with a focus on Demand Optimization.  How is this different from Demand Management and how does Demand Optimization move us closer to our goal which is to reach the Value Creating level of the Maturity Model.  We will also weave in the Impact COVID-19 will have on the demand profile for your categories.   The is a podcast you won't want to miss.  Referenced in the Podcast:        

  As the COVID-19 pandemic grows across the US and across the globe, we wanted to discuss some of the short and long impacts of the Coronavirus on Supply Chains and what we should expect in the days and weeks to come. This episode covers how we need to innovate Supply Chain Risk Management for the post COVID world!!   PERT Round Table Registration- May 19, 2020 1-3 PM: http://events.r20.constantcontact.com/register/event?llr=5ab7fngab&oeidk=a07eh28uv05cb0877ad TMG 2020 Trends: http://blog.thempowergroup.com/wp-content/uploads/2020/02/Mpower-2020-Trends-Finalv2.pdf  

Category Management is the latest advancement of the Strategic Sourcing process and is taking our professional community by storm. What needs to happen within your organization to make the transition from Strategic Sourcing to Category Management? Category Management Musing(s?) will provide that answer by using our Category Management Maturity Model(CMMM) as the framework.  Our first domain in the CMMM is Strategy and, we will share with you real life stories from the field combined with our research.  You will get to hear the four biggest learning/challenges we have curated from our many engagements and research projects that are at the core of an effective Strategy for our function.  In addition, you will also hear about the Predictors of Success when it comes to being effective at Strategy.  These are indicators that we use to quickly assess clients and prospects chances of success in their Transformations.  To make it easier for you, we are also providing an outline ofthe podcast and a handful of slides that will add to the value you get from this podcast. Link to Slides: http://thempowergroup.com/download/category-management-musings-strategy/ Register for the WebinarCoronavirus or COVID 19 – Structural, Tectonic, Long Term and Fundamental Changes:   https://attendee.gotowebinar.com/register/3698913651960909067   Any comments or questions: podcast@thempowergroup.com Visit us at: http://thempowergroup.com/ On Twitter @TheMpowerGroup

We started a podcast. We wanted to expand our reach and what better way to do that than with a podcast. Whether you are at your desk or on the go, you can listen (download) our podcast episodes and listen at your leisure.  Let us know what you think.  Category Management is the latest advancement of the Strategic Sourcing process and is taking our professional community by storm.  The ability to align strategic business objectives with appropriate sourcing strategies is finally allowing procurement and supply chain professionals to become far more strategic.  The move to the C-Suite clearly is made easier by Category Management.  Adapted from the retail sector, this paradigm has fundamentally shifted the role of Procurement/Supply Chain.  Finally, there is a path to providing significant strategic value to the corporation and shed the stigma of being nothing more than cost-cutters. What needs to happen within your organization to make the transition from Strategic Sourcing to Category Management?  Any comments or questions: podcast@thempowergroup.com Visit us at: http://thempowergroup.com/ On Twitter @TheMpowerGroup