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🗂️Academy: Spend Categories - Importance of Classification and how to build your category tree
🗂️Academy: Spend Categories - Importance of Classification and how to build your category tree
Martin Nordli-Mathisen avatar
Written by Martin Nordli-Mathisen
Updated over a week ago

Recording

Resources

Example Structures per Industry

You will get a confirmation email and a calendar invite to ensure you won't miss it.


Agenda

Join us for this session of Ignite Academy’s webinar series, where we’ll delve into the strategic significance of category trees and how Ignite leverages categories to optimize your procurement processes.


Here’s what you can expect:

  • Strategic Significance of Category Trees: Understand the importance of category trees in structuring and organizing your spend data, and discover how they serve as a foundational element in procurement strategy.

  • How does Ignite use your Categories?: Explore how Ignite integrates categories across various aspects of our platform, including Spend Overview, Carbon Emissions analysis, Supplier Evaluations, and Contract Coverage Estimates. Learn why tackling categories on a rolling basis is crucial for operational efficiency.

  • Ignite Best Practice and Category Templates: Gain insights into Ignites best practices for category management, including the use of Indirect/Direct Trees and the importance of tailored category templates.

  • Building a Category Tree in Ignite: Dive into the practical aspects of building and maintaining a category tree in Ignite, including the application of the 80/20 Rule, key data considerations, and strategies for ongoing maintenance.

  • Q&A: Ask questions during the session and have them answered live at the end.

Don’t miss this opportunity to enhance your understanding of category management and unlock the full potential of Ignite’s platform.

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