Category Management
With the decision to adopt a Category Management organization, Munksjö defined nine categories:
A team of experts and stakeholders are responsible for the category management. These Category Management Groups define the category strategy.
- Monitor market and supplier development
- Cultivate new suppliers
- Understand supply market
- Develop proactive market strategies
The Category Management Group jointly conducts the sourcing activities and monitors the suppliers' performance.
- Execute category sourcing process
- Prepare sourcing strategy
- Apply knowledge from other Munksjö Group entities into sourcing strategy
Supplier relationship management
- Supplier segmentation and evaluation
- Govern supplier relationships to foster mutual opportunities
- Conduct operational performance review meetings with suppliers
Proactive Category Management
- Munksjö Group business unit needs
- Conduct demand analysis and forecasting
- Ensure continuous cost improvement
- Perform contract management
- Implement agreements: Awareness and compliance to agreements
- Leverage Group strategies