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Category management is an evolving methodology that drives sourcing strategy in progressive organizations today. It goes a step beyond commodity management, as it effectively entails an integration of similar commodity-based methodologies to provide a more comprehensive understanding of supply chain dynamics, and their broader impact on the company as a whole. This leads to more holistic and sustainable supply and risk management strategies that are consistent with the long-range objectives of the organization.
Source: Inside Supply Management, http://www.ism.ws
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