Professional product group management

Status quo of product group management in purchasing

• Benchmark on performance and role.
• Identify strengths and weaknesses.
• Comparison with each other and with other TOP companies.

Influences on product group management

• Important topics to consider, e.g. corporate and overall business strategies.
• Consideration of supplier and innovation management activities in product group strategy development.
• Influence of digitalization and technological development (Industry 4.0, artificial intelligence, blockchain, robotics).

Building blocks for the development of product group management processes

• What is the ideal process in product group management?
• What are the objectives behind the individual process modules?
• What are the results and success factors?

Methods & Tools

• Correct classification of a product group in a portfolio analysis.
• Tools for evaluating the procurement market and the importance of product groups in your own company.
• Importance of your own company from the customer's point of viewsuppliers).

Important stakeholders and risks

• Exemplary identification of important stakeholders based on the stakeholder mapping method.
• Assessment and prevention of risks.

Definition of the product group strategy, derivation of measures and tracking of measures

• How do you define a good product group strategy?
• Derive suitable measures and define value contribution potential.
• Suitable methodology for tracking the measures.

Digital solutions to support product group management