Category Management:  A Real-Life Case Study
The Mpower Group | News You Can Use
by Dalip Raheja
1w ago
I was looking through some client files  for some examples to send to a multi-billion dollar multi-national client who is looking to “future-proof” their competencies.  I came across this example from another client (ABC) that I ended up sending and thought it was worth discussing with all of you because it lays out a clear ..read more
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Do You Know the Difference Between Strategic Sourcing and Category Management? Develop Critical Thinking Skills!
The Mpower Group | News You Can Use
by Anne Kohler
2w ago
 I read this article in HBR “A Short Guide to Building Your Team’s Critical Thinking Skills”.  To move from tactical to strategic, reactive to proactive, Strategic Sourcing to Category Management requires a set of skills that are often not taught in school or even in corporate training but certainly should and can be.  An organization ..read more
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Category Management:  What is This Thing Called “VALUE”
The Mpower Group | News You Can Use
by Dalip Raheja
3w ago
I know, I know – you’ve now heard multiple definitions of this simple concept called VALUE and yet there seems to be no specific definition of it.  Well allow me to add to the confusion because understanding this simple concept can have major impacts on the success of your organization.  The most basic fundamental flaw ..read more
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Do You Know the Difference Between Strategic Sourcing & Category Management?   Need to Overcome Uncertainty!  
The Mpower Group | News You Can Use
by Anne Kohler
1M ago
Every day we have a new source of uncertainty and even crisis hitting us.  We, as humans, are wired to fear the unknown and it can often be overwhelming and debilitating.  Look at what COVID 19 has done to the entire world, and still is. Every one of the “events” I noted above have affected ..read more
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Do You Know the Difference Between Strategic Sourcing & Category Management?  Is Small Talk Necessary or a Nuisance?     
The Mpower Group | News You Can Use
by TMG Admin
1M ago
On any given day I can be on either side of that coin.  Before COVID, when most of us were going to the office, we usually started our day by greeting our co-workers and engaging in some type of small talk.  What we talked about was not important but sharing those little details of our ..read more
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Category Management: Cracking the Code – Taking Advantage of a Global Economy
The Mpower Group | News You Can Use
by Dalip Raheja
1M ago
While globalization has lost a fair amount of its aura and near-shoring or on-shoring is more in fashion than offshoring, retraction from the global economy is clearly not the answer. Careful consideration of all the risks and then creating a competitive advantage for your company is still the goal. Let’s first examine how you enter ..read more
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Do You Know the Difference Between Strategic Sourcing & Category Management – Communication or Storytelling?
The Mpower Group | News You Can Use
by Anne Kohler
2M ago
As Sourcing / Category Management / Supply Chain professionals we ARE playing the role of an internal consultant (whether we recognize it or not). To be effective in that role, we must integrate the consulting process into our business process – here is a simple illustration utilizing a Strategic Sourcing process (they are all basically ..read more
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Category Management:  What’s Ahead – Planning Advice for 2024!!!
The Mpower Group | News You Can Use
by Dalip Raheja
2M ago
As most of you know, we publish an annual review of the challenges and risks that we see coming up for all of us.  While this is derived from several sources, one of the key sources is the round of Executive and Leadership interviews we conduct.  If you haven’t received an invitation from us, we ..read more
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Do You Know the Difference Between Strategic Sourcing & Category Management? Capturing MORE Than Savings!       
The Mpower Group | News You Can Use
by Anne Kohler
2M ago
 As Strategic Sourcing professionals we were all taught that Savings was our most important metric.  Organizations that have not yet reached the Value Creating / Category Management level of maturity are most likely STILL mostly measuring and reporting price/cost savings.  By doing this, you are perpetuating the notion that you are all about Savings, with ..read more
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Category Management:  Building the NextGen Category Management Organization
The Mpower Group | News You Can Use
by Dalip Raheja
3M ago
Happy New Year to you and your loved ones!! Regardless of where you are starting the New Year, we assume that you have ambitious plans for this year. And whatever those goals are, I know that you know that you need to have the right organization in place AND one of those goals has to ..read more
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