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Category Management
- Health check:
- Portfolio analysis
- Commodity categorization
- Modeling
- Phase 1:
- Demand management
- Develop individual category strategies
- Price Management
- Supply-Market Monitoring and Reporting
- Continuous Cost Improvements
- Supplier Performance Management
- SRM
- Product rationalization
- Phase 2:
- E category management
- Strategic partnering
- Contract manufacturing
Procurement outsourcing
- Health check:
- Baseline current practice
- Benchmarking against best practices
- Phase 1:
- Purchase order management
- Expediting
- 3-way matching
- PQQ
- Supplier registration approval
- Invoice queries
- Competitive tendering
- Supplier classification
- Low cost country sourcing
- Cost benchmarking
- Phase 2:
- Supplier rationalization
- VMI / consignment
- Supplier site audit
- Quality inspection
- SRM
Transaction Management
- Health check:
- Baseline current practice
- Benchmarking against best practices
- Phase 1:
- Best Practice-based Processes
- Sophisticated tools
- Dedicated account management team
- Phase 2:
- Optimization: Process rationalization
- Technology
- Cost reduction program