Category Management

Category management are critical for achieving procurement objectives, such as cost savings, supplier performance improvement, risk management, andinnovation. By implementing best practices in these areas, organizations can streamline their procurement processes, drive efficiency, and achieve better results.

Category management, is the process of grouping similar products or services into categories and managing them as a portfolio. This involves analyzing spending patterns, identifying opportunities for consolidation, standardization, and optimization, and developing strategies for each category that aligns with the organization’s goals and objectives.

Our team leverages suitable cost effective technology platform to establish a Category Management approach that is driven by data. This involves identifying the necessary data to effectively manage a category, and implementing a streamlined process for collecting, organizing, and accessing this data on an ongoing basis.

By integrating Category Management into the procurement process, we can ensure the realization, maintenance, or improvement of benefits identified through Sourcing, as well as effective management of any potential supply risks.