Category Management Is About To Take Center Stage
SAP News, April 4th, 2023
Category management is back in the spotlight, and business leaders have made it clear: it's time to move on from manual processes and go digital.
The benefits go far beyond automation. Digitalization will transform category management from a disconnected, inconsistent state into a more strategic, agile, and fluid business function.
After a decade-long stretch of relative stability in procurement, the disruptions from the past several years have forced businesses to reevaluate their sourcing strategies. Disciplines that had fallen by the wayside during this quiet period became more important than ever in a newly chaotic environment. Category management is one of the strategies now resurfacing to help organizations address many of the challenges that have plagued supply chains across the globe.