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Changing with the times category management at the crossroads

Economist Impact research sheds light on the road ahead

The disruptions over the last two years have driven an evolution in category management. As procurement professionals are forced to embrace a more risk-focused approach and increase their supply options to prepare for an uncertain future, a more holistic approach to category management strategy is required.

A global survey conducted by Economist Impact in early 2022 finds that category management implementation and improvement to be the fourth most important area of focus for value delivery in procurement. The same survey also finds that it is one of the top three drivers in the digital transformation selected by 40.2% of respondents.

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