Objective
As category manager, you'll collaborate with stakeholders to determine and enter the budget for your chosen period, enabling effective planning and execution of activities to meet their spending needs.
In this video, Alex explains the value of managing planned spend:
In this lesson, you learned how to create a Planned Spend as a category manager. After discussing the budget with stakeholders, you'll enter the planned spend amount for a selected period. To do this, access the Develop Strategy and Plan application, choose your assigned category and plan, and ensure the Planned Spend card is visible. Then, select Create Planned Spend or the card's header, define the period, enter the spend amount and any additional information, and finalize by selecting Create. This process enables you to plan and execute activities to meet stakeholder spend demands effectively.