Procurement Magazine September 2023 | Page 77

PROCUREMENT STRATEGY

SAP

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She says : “ Digitalisation has been an ongoing trend for many years , although category management is just catching up . For the past two years , surveys conducted by Economist Impact , sponsored by SAP , have shown that executives worldwide consider category management to be one of the top reasons for their businesses to undertake a digital transformation .”
Thurman points out that digitalisation means moving manual processes “ into a robust category management system .” This , she points out , offers benefits that include improvements in data collection and analysis , standardised category classification frameworks , and digital integration of category planning with source-topay systems .
She says : “ This integration enables a closed-loop process where the procurement team can monitor the progress , and ideally the success , of the category strategy .” procurementmag . com 77