Category Tree in Procurement: How to Structure and Maintain Spend Categories
Learn what a category tree is, how procurement management designs and maintains it, and how it supports spend analysis, category ownership and sourcing.
Knowledge Base
Learn what a category tree is, how procurement management designs and maintains it, and how it supports spend analysis, category ownership and sourcing.
Learn how to collect, cleanse, normalise and classify procurement spend data so buyers can identify sourcing opportunities, risks and compliance gaps.
Direct and indirect procurement explained for buyers. Learn the key differences, examples, sourcing tactics, spend analysis connection, and why the distinction matters in procurement.
Understand the difference between spend, addressable spend, spend under management and spend under contract. Learn why procurement must define these terms before reporting savings, category opportunities or procurement influence.
Business intelligence (BI) is a powerful tool. In this blog post, we will explore how BI capabilities can support procurement and procurement KPIs.