Category Management Goods & Services Price 
The Procurement School
SEPTEMBER 15, 2023
Needs analysis ensures an accurate understanding of the goods / services being procured. Areas to consider include objectives, background, scope, constraints, deliverables, timing, approvals, policy and legislative requirements, evaluation criteria and methodology and contract management including KPIs.
ivalua
APRIL 13, 2021
A great example is Meritor , who brought a unique approach to supplier collaboration and new product introductions to life, delivering more products at higher profit to support a board level initiative and multiply their stock price. Many other organizations have leveraged this strategy, but almost all can do so better to drive greater value.
ivalua
AUGUST 17, 2021
Identifying Value , is where procurement teams leverage spend data and spend analysis to understand trends in spend and identify opportunities and develop category management strategies. . There are, in fact different phases of procurement value creation that tie into the Source-to-Pay process: .
The Procurement School
OCTOBER 6, 2023
The evaluation can be simple, such as tenders which are price only, or complex which includes technical criteria, pricing and sometimes an interview or demonstration. The pricing evaluation follows the completion of all technical evaluation stages and is usually the easiest to evaluate. Fleet and Logistics Category Manager.
The Procurement School
JANUARY 22, 2024
Rated Criteria The technical evaluation criteria needs to align clearly with the scope / performance requirements of the good / service being procured. Meetings should be multi-lateral to include representatives from operations, supply chain and senior management. Fleet and Logistics Category Manager.
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