Category Strategy Development and Approval
Step 1
Opportunity Review and Alignment
- Category opportunity assessment
- Category prioritization and process modulation
- Category, supplier, and team measurement
- Category governance
Confirmed opportunity?
Yes – Proceed to Step 2
No – Maintain and manage current suppliers
Step 1 Review
Supplier conditioning
Step 2 Review
Step 3
Strategic Analysis and Strategy Development
- Strategic analysis:
Strategy-based risk
Category classification
Lean portfolio
Customer segmentation
Porter’s Five Forces
Cost modeling and supply and value chain - Price
PESTLE / SWOT
- Option evaluation and layered strategy development
Step 3 Review
Step 4
Strategy Review and Approval
- Change readiness assessment
- Strategy implementation project planning (including risk)
- Establish category strategy review cadence
- Business case development
Approved & funded strategy?
Yes – Continue to Step 5
No – Maintain and manage current suppliers
Step 4 Review
Supplier Management
Step 5
Strategy Value Realization and Supplier Management
- External stakeholder analysis & engagement planning
- Supplier governance, management, and measurement
- Supply-base restructuring and realignment
- Supplier improvement and problem-solving
- Supply-chain improvements
- Specification change planning
- Negotiations