Navigating the perfect storm using category management

The “Art of Procurement” podcast shares insights on developing powerful Category Management within a large organization. Stephane Morel, a Global Process Owner within Strategic Procurement at Novartis, shares his knowledge on the future business requirements needed for implementing a Category Strategy solution. The interview hosted by Philip Ideson from Art of Procurement is worthwhile listening to!

“We have so many priorities to consider. At the same time, we are navigating through the perfect storm. We have reached a point where we are making a big soup of so many things. I would go back to the drawing board and adjust what I call our essentials. Sometimes, we say we go back to the basics. This is not to say I go back to the basics. I call them the essentials.” —Stephane Morel, Global Process Owner Strategic Procurement – Lean Digital Core program, Novartis

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Mark Webb, CEO of Future Purchasing, provided a glimpse into the current state of adopting Category Management in his session on “Category Management in action: a study of implementation and impact across industry”. Based on a 2022 survey conducted globally, he shared some statistics on the overall adoption and maturity of category management that were hard to digest. 75% of respondents were classified as Starters and only 5% as Leaders.

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