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Procurement Espresso

World’s Most Widely Read Procurement Magazine


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Leaders’ Corner: Category Lifecycle Management in Five Steps

Issue

Leaders’ Corner: Category Lifecycle Management in Five Steps

Thierry Fausten of Cranfield University School of Management writes that Category Lifecycle Management (CLM) is a continuous process, which helps build a procurement strategy encompassing both products and suppliers. If planned well, CLM will lead to smooth execution of value-generating actions.

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