And Nate Newcomer, previously vice president of
category management support and front-end analysis, has been named the new group vice president of
category management administration, financial analysis and replenishment.
Category management has its roots in the Office of Management and Budget's strategic sourcing initiative, going back to 2003.
For one, even in the chain world, convenience stores have traditionally lagged other retail channels in
category management techniques.
Two decades later, looking at this version of
category management still being used at many retailers is like looking in your refrigerator and discovering that everything is about to go out of code.
Organized by the Minneapolis-based
Category Management Association (CMA), the conference is known for an excellent networking environment and focus on best practices across multiple categories and channels, as well as total retail development strategies.
Aatish Dedhia, chief executive officer of Zycus, said: "Ma'aden is yet another example of a company choosing the fast-track to advanced strategic spend and
category management by investing in state-of-the-art solutions at the front end of a procurement transformation.
These organizations use supplier
category management programs to provide value to the business that goes beyond simply purchasing materials at the lowest cost.
"This hire supports our commitment to making significant investments that will help Heineken USA develop a leading-edge shopper insight capability and upgrade our customer and
category management processes," said Mr.
"Our
category management solution empowers our clients to achieve their performance objectives in a calculated and educated way by providing unprecedented insight through our
category management analytics and reporting engine," says Chris Ritchie, Sentrana's Director of Solutions and Services.
"Tony has done a terrific job this past year in strengthening our
category management department and further building upon our strong relationships with suppliers," says Martindale.
From this reason, the last decades of the 20th century saw the emergence of a new form of product management--the concept of
category management. The concept was initiated by US retail companies.