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Category Management Activities

oboloo Glossary

Category Management Activities

Category Management Activities is a business term that refers to the strategic process of managing a product or service portfolio. It is a holistic approach to managing a product or service line that is focused on understanding the customer’s needs and delivering the best value to them. This process involves analyzing the customer’s needs, understanding the competitive landscape, and developing a strategy to optimize the product or service line. It also involves developing and executing a marketing plan to promote the product or service, managing the supply chain, and monitoring the performance of the product or service line. The goal of Category Management Activities is to maximize the profitability of the product or service line while providing the best value to the customer. It is a comprehensive approach to managing a product or service line that takes into account the customer’s needs, the competitive landscape, and the performance of the product or service line.

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