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The economic meltdown of 2008-09 set companies around the world a challenge: how to reduce costs without losing sight of their long-term vision.
Procurement is frequently seen as a key part of the solution. As Accenture research confirms, procurement mastery plays an important role in achieving high performance—and category management plays an important role in gaining that mastery.
In this podcast, hear more about the three key levers for successful category management. First, understand the business requirements, then optimize supplier relationships. The third lever is the decision whether to optimize supplier relationships in house, or turn to external expertise.
To learn more, read our related article Sourcing and Procurement’s Untapped Potential: Leveraging Category Management to Achieve High Performance.