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Submitted URL: https://salesloft.insightsourcing.com/t/100437/c/955ded95-16d0-4b5e-99d2-9aad04f6ade2/NB2HI4DTHIXS643JM5XGC5DVOJSXGLTTOBSW4ZDIOEXGG33N...
Effective URL: https://www.spendhq.com/category-management/?utm_campaign=Category%2520Management&utm_content=Employee_Email&utm_medium=...
Submission: On November 15 via api from US — Scanned from DE
Effective URL: https://www.spendhq.com/category-management/?utm_campaign=Category%2520Management&utm_content=Employee_Email&utm_medium=...
Submission: On November 15 via api from US — Scanned from DE
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Text Content
* Spend Analysis Solution * Spend Analysis * Spend Visibility * Category Management * Supplier Diversity Enrichment * Document Management * Sourcing Support Services * Sourcing Support Services * Data Optimization * Savings Roadmap * Compliance Management * Our Process * Resources * About Us * Contact Us * Procurement Blog * Resources * Careers * Login * Request Demo * Spend Analysis Solution * Spend Analysis * Spend Visibility * Category Management * Supplier Diversity Enrichment * Document Management * Sourcing Support Services * Sourcing Support Services * Data Optimization * Savings Roadmap * Compliance Management * Our Process * Resources * About Us * Contact Us * Procurement Blog * Resources * Careers * Login * Request Demo CATEGORY MANAGEMENT Deep, category-specific insight across 8 core categories and over 40 subcategories in a customizable dashboard view. Request a Demo SPENDHQ CATEGORY MANAGEMENT DELIVERS BOTTOM LINE INSIGHT Today’s global situation, with unpredictable price hikes and supply shortages, has highlighted the need for dedicated category strategy in a visceral way. With the speed of a typical day-to-day, a lack of granular usage-level data, and a lack of subject matter expertise, procurement teams often struggle to put Category Management capabilities in place to generate insights and specific cost optimization actions. With the addition of Category Management, SpendHQ is the only spend analytics solution that blends internal and external data to provide users with the tools they need to track, identify, and capture savings. SPENDHQ CATEGORY MANAGEMENT: TRUE SPEND MANAGEMENT SpendHQ’s spend analytics solution delivers enterprise-wide spend visibility across all spend categories and enables procurement to target strategic sourcing and cost-reduction opportunities. With guided procurement analytics and custom reporting and dashboards, SpendHQ is a recognized industry leader in the market. SpendHQ Category Management applies these same principals and techniques at the category level. SpendHQ Category Management takes recurring, time-consuming data consolidation and analysis work off the plate of your category managers to enable them to focus on what they do best. SPENDHQ CATEGORY MANAGEMENT: SOLVING YOUR PROCUREMENT PROBLEMS “I DON’T TRUST MY DATA” Informed by internal procurement expertise, SpendHQ delivers category data you can trust. The SpendHQ category experts are currently supporting client dashboards in over 40 subcategories. Each dashboard contains KPIs and cost drivers unique to the category and informed by our team of subject matter experts. Inside those dashboards are additional recommendations for your category managers to take action. “I KNOW I HAVE MAVERICK SPEND BUT I CAN’T FIND IT” Category Management enables the collection and visualization of the line-item usage data necessary to understand the spend and quickly identify the source and people responsible for any maverick spend. By using subcategory specific data, Category Management enables this level of detailed analysis. “I DON’T HAVE THE EXTERNAL DATA I NEED” Internal data alone is not sufficient for detailed category analytics. SpendHQ Category Management pulls detailed usage data from your suppliers for a holistic view. CATEGORY MANAGEMENT: EXPAND YOUR CAPABILITIES LINE ITEM ANALYTICS PROCUREMENT CAN MANAGE AND OPTIMIZE CRITICAL SPEND CATEGORIES TO: * Track sourcing savings * Mitigate savings leakage * Uncover incremental savings CATEGORY SPECIFIC DATA * Granular detail category spend data for targeted categories * Typically obtained directly from preferred suppliers * Data refreshed monthly Whether you need a full spend analytics platform for maximum spend visibility or a fully effective Category Management program alone, SpendHQ provides an innovative solution unmatched by current programs on the market. The SpendHQ category dashboards provide the analysis, insights, and actions your category managers need. SpendHQ Category Management takes recurring, time-consuming data consolidation and analysis work off the plate of your category managers to enable them to focus on other strategic initiatives. Informed by internal procurement expertise, SpendHQ delivers category data you can trust. The SpendHQ category experts currently support client dashboards in over 40 subcategories with the capability to customize more. Each dashboard contains KPIs and cost drivers unique to each category. Inside those dashboards are additional recommendations for your category managers to take action. Additionally, the SpendHQ category experts can add customized categories in as few as 60 days with more unique insights for your team. Schedule a demo today to get started. CATEGORY MANAGEMENT: SAVINGS (AND MORE), ONE CATEGORY AT A TIME Companies need a better Category Management solution ─ one with category data they can trust. An effective Category Management program should: TRACK SAVINGS * Track sourcing savings for each category at a granular level * Isolate impact of unit price savings and volume increases/decreases * Understand savings impacts on budgets and P&L PREVENT SAVINGS LEAKAGE * Identify and recover supplier price overcharges * Prevent maverick spend and drive compliance with preferred suppliers * Minimize supplier cost increases and additional surcharges DRIVE INCREMENTAL VALUE * Continually optimize and enhance supplier awards * Monitor and manage purchase demand and quantities * Identify ongoing benefits from SKU rationalization and optimization If your Category Management program doesn’t ensure full savings capture and enable ongoing optimization, it isn’t enough. THE SPENDHQ CATEGORY MANAGEMENT DASHBOARDS SpendHQ is currently supporting clients in the following categories: Corporate & Travel * Office Supplies * Auto Rental * Armored Transport * Hotels * Airfare Information Technology * Desktop Hardware * IT Services Marketing * Promotional Agencies * Advertising Agencies * Fixtures & Displays * Promotional Products * Commercial Print Transportation * Truckload * LTL * Small Parcel * Freight Forwarding Real Estate & Facilities * Janitorial Services * Security Personnel * Waste Disposal * HVAC Maintenance & Repair * Snow Removal * Fire & Life Safety * Electrical Services (Contractors) * Mailroom Services MRO & Packaging * Pallets * Corrugated * Shipping Supplies * Uniforms * General Industrial Supplies * Power Transmission & Bearings * Electrical Supplies * Dental Supplies Directs * Additives & Colorants * Film * Adhesives & Sealants * Papers MOVE WITH THE MARKETS Schedule a demo and see what our category management module can do for your organization. * Spend Analysis Solutions * Spend Analysis * Spend Visibility * Category Management * Supplier Diversity Enrichment * Document Management * Sourcing Support Services * Sourcing Support Services * Data Optimization * Savings Roadmap * Compliance Management * Our Process * Resources * About Us * Careers * News & Insights * Contact Us * Resources * Login ©2021 SpendHQ, LLC. All Rights Reserved. SpendHQ, the SpendHQ logo, and Spend Headquarters are trademarks of SpendHQ, LLC. All other trademarks or brand names are the properties of their respective owners. Our Location Careers Privacy Policy Start typing and press Enter to search SpendHQ uses cookies to improve your experience. By continuing to use this site, or by clicking "I Agree," you consent to the use of cookies. Read More I Agree Privacy & Cookies Policy Close PRIVACY OVERVIEW By using our site, you consent to our privacy policy. Insight Sourcing Group Holdings, and its subsidiary Insight Sourcing Group LLC and SpendHQ LLC, respects your privacy and believes that you have the right to know what information we collect, how ... Necessary Necessary Always Enabled We use cookies to help us understand and save your preferences for future visits, keep track of the information you have chosen to download and compile aggregate data about site traffic and site interaction so that we can offer better site experiences and tools in the future. We may contract with third-party service providers to assist us in better understanding our site visitors. These service providers are not permitted to use the information collected on our behalf except to help us conduct and improve our business. SAVE & ACCEPT Schedule Your Custom 1-hour Demo of SpendHQ SAAS SPEND ANALYSIS SOLUTION X