O'Reilly logo

Category Management in Purchasing, 2nd Edition by Jonathan O'Brien

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

06

Stage 3: Innovation

This chapter explores the third stage, innovation. We will examine how the outputs from stage 2 begin to suggest different solutions or ways forward in terms of how this category can be sourced in the future. We will explore how a single way forward can be selected from these options and how this single strategic option is then developed further into a solid plan for execution. We will consider how business agreement for the way ahead is secured before we move to the implementation phase in the next chapter.

Determining the future sourcing strategy

This stage is about determining the future sourcing strategy. It is called innovation simply because the best sourcing strategies are the innovative ones that represent a significant ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required