Category Strategy - Digital Workplace Services

21 Dec 2020
by Amy Fong, Bhanushee Malhotra, Aditi Prakash

This report is available only to Outsourcing Excellence members. For information on membership or purchase, please contact us

The digital workplace is a virtual version of the traditional workplace that provides personalized services and all the data and applications required by an employee on any device, so that he or she has the flexibility to work anytime from anywhere. This category strategy template is ready-to-use, with editable frameworks for internal assessment and detailed industry and market category overviews to assist category managers, procurement professionals, and CPOs in creating an informed category strategy for digital workplace services.

A category strategy is a planning document that helps define what needs to be done to drive effective management of category spend. The creation of this plan requires close collaboration between procurement and business to define internal needs and category objectives and drive the development of a category action plan. Multiple tools and techniques, such as total cost modeling, make vs. buy assessment, buyer profile assessment, and supply market analysis, are used for this process. Best-in-class procurement organizations effectively leverage such tools and techniques to drive continuous improvements in their categories.

The template can be customized by category managers with internal category information, such as spend, suppliers, and subcategory overview. The category manager can also use industry and market insights provided in this template to build a strong supply base understanding. The goal of a category strategy is to create an action plan for effective category management, and this template provides the requisite tools, frameworks, and information to create a robust strategy.

Scope

All industries and geographies

Category in focus: digital workplace services

Contents

In this category strategy, we provide templates based on a four-step process to assist the creation of a category strategy:

  • Define internal needs: defining category maturity and objectives, creating a buyer profile to gauge current state of the supply base and predict future demand, and total cost modeling
  • Understand the market: building an understanding of the industry and supply base by evaluating market elements such as market trends, key suppliers, major delivery locations, pricing trends, performance benchmarks, and category risks
  • Determine sourcing strategy: deciding in-house versus outsourced model for the category and identifying best practices and value levers to drive category efficiency
  • Create action plan: identifying and prioritizing projects and driving them toward execution
 

Page Count: 56