Difference Between Category Management vs. Strategic Sourcing

Strategic sourcing and category management are the most common supplier-management strategies ever employed in organizations. Many clients and procurement personnel commonly mistake one for the other. This would be incorrect, as they are distinctive concepts. However, category management … See more

CouponFollow Extension

$138400
OFF

Strategic Sourcing Category Manager Jobs - Indeed

1 week from now

Sr Category Manager - Resins. Medtronic. Minneapolis, MN 55432. $138,400 - $207,600 a year. Full-time. In addition, you will leverage strategic sourcing processes across Medtronic by …

indeed.com

$107000
OFF

Strategic Sourcing Category Manager Technology IT Jobs ... - Indeed

1 week from now

Strategic Sourcing Manager, Construction & Maintenance. Sephora. Remote in San Francisco, CA 94105. Typically responds within 3 days. $107,000 - $143,000 a year. Full-time. Establish …

indeed.com

$160000
OFF

Statewide Strategic Sourcing Manager - Richmond, Virginia, …

1 week from now

Title: Statewide Strategic Sourcing Manager State Role Title: Information Technology Manager II Hiring Range: Up to $160,000 Pay Band: 7 Agency: VA Information Tech Agency Location: VA …

virginia.gov

FAQs about Difference Between Category Management vs. Strategic Sourcing Coupon?

What is the difference between category Management and strategic sourcing?

Both approaches to procurement results in a closer alignment between the organisation and its vendors in terms of shared values, objectives, and collaboration. On the other hand, some key differences between category management and strategic sourcing are: Strategic sourcing is a process, whereas category management is a strategy. ...

Are Category Management and strategic sourcing the best procurement strategy?

Optimum procurement strategy and supply chains are the backbones of a successful business. However, interchangeably, organisations often use two of the most common procurement strategies, category management and strategic sourcing. As a result, many fail to leverage the benefits of one distinct strategy over the other. ...

What is a strategic sourcing manager?

To clear the confusion, the difference between the two is dependent on the size of the organization and the maturity of the procurement operations. A strategic sourcing manager is common in large enterprises with a huge procurement budget andworks with various suppliers that are in different places. ...

Is your sourcing strategy aligned with a category management framework?

It’s common that a sourcing strategy is aligned closely to a category management framework. Not all spend categories are created equal. Each possesses unique characteristics, risk profiles, and impact on your business. ...

Does strategic sourcing require functional competency?

Strategic sourcing requires functional competency. However, strategic competency is required by category management. Strategic sourcing applies an event/process-based approach, while category management applies a context-based approach. Strategic sourcing is known for its passive executive support. ...

What is the difference between a strategic sourcing manager and a procurement manager?

A strategic sourcing manager is often confused with a procurement manager. To clear the confusion, the difference between the two is dependent on thesize of the organization and the maturity of the procurement operations. ...