procurement innovation

Show your support for Cirtuo at The Procurement Innovation Showcase today at 4:00 PM CET. As part of the ProcureTech ACCELERATOR, we invite you to a digital procurement innovation session open to all leading corporates, innovative digital procurement solutions, and industry leaders.

Cirtuo’s Lubos Libiak will be pitching today at the Innovation Showcase organized by ProcureTech about our Accelerator program with Fidelity International.

Lubos will go through the initial pain points and challenges related to Category Management at Fidelity and how we tried to resolve those challenges using Cirtuo Guided Strategy Creation™.

The Cirtuo team wishes Lubos Libiak luck – please jump online and show your support!

What: Digital Procurement Innovation Showcase
When: 30 June 3 PM BST (4 PM CET)
Where: https://lnkd.in/e6ZQw794

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Category strategies help Procurement align business requirements with market realities to leverage market opportunities, mitigate risks, and increase supply chain resilience. The methodical approach for building category strategies aims to help companies assess and plan how to best acquire goods or services for their business under given market realities. We have explored the ‘internal analysis as foundation for holistic category strategies’ in our recent blog, stating that the process of managing a category strategically is perpetual.

internal analysis

The internal analysis as the foundation for holistic category strategies

Do you remember the last time you took the wrong ramp onto the highway and how it made you feel? Most people instantly know that they took a wrong turn and hope that the next exit is not too far off. Unfortunately, our brain doesn’t experience the same stress when taking the wrong turn in developing category strategies. Category strategies in Procurement are a methodical approach for defining the best way to buy goods or services for their business. Done right, they help companies align business requirements with market realities to leverage market opportunities and mitigate risks. Done wrong, they might lead us down the wrong road.