Sustainability: Redefining Category Management

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Sustainability: Redefining Category Management

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#Sustainability: Redefining Category Management http://3bl.me/ak7be7 by @TaigaCompany
Friday, June 25, 2010 - 2:36pm

CONTENT: Blog

Traditionally businesses and professional consulting firms have focused their procurement and supply chain management efforts on efficiency, particularly actions to reduce costs. While these practices provide great insight into spend control, the next generation of business sustainability organizations is integrating sustainability concepts into their supply chains to evaluate risk and promote value through sustainable development opportunities. 

Our sustainability consulting considers risk along with other categorization methodologies, including spend classification and functional categorization, to be a framework from which an organization can create sustainable value within the supply chain.  A traditional category plan is viewed as an all encompassing analysis and management profile of spend with several major components:
   
•    Commercial Strategy
•    Supplier/Contract Management Plans
•    Demand Management Plan
•    Communication/Change Management Plan
•    Continuous Improvement Process
 
The next generation of sustainable category management includes a new level of responsibility across all activities. We believe successful implementation requires visibility, engagement, and stakeholder alignment with company defined sustainability objectives. 
 
Leading supply chain focused organizations define visibility as a critical first step in managing business risk.  Click here to continue reading.
 


Home to one third of the earth's trees, the Taiga is the largest land-based biosphere and encircles the globe. Its immense oxygen production literally changes the atmosphere and refreshes the planet. It is this continuous renewal that has shaped Taiga Company's vision to drive similar change in the business world. Taiga Company seeks to be the "oxygen for your business".



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Keywords: Business Sustainability | category management | process | procurement | suppliers | supply chain

CONTENT: Blog

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