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Course 1 - Coggle Diagram
Course 1
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Procurement
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Establishing payment terms, strategic vetting, selection,
the negotiation of contracts and actual purchasing of goods
It is concerned with acquiring (procuring) all of the goods,
services, and work that is vital to an organization
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Category Management
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Required to report on Sales performance at a detailed level which would inform future supplier nand product selection decisions.
Aligned with the Chief Merchant.The Logistics and Distribution organizations were aligned with Supply Chain.
More likely to be Sales and Marketing experts.The task of visiting suppliers and negotiating and not the prime expertise of Commodity Managers
Commodity Management
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Primarily Procurement experts. They were negotiating experts with business management skills and aptitudes