What is Category Management?

Category management is a procurement strategy in which overall spending is segmented by products of a similar type. This approach allows category managers to specialize and gain a deep understanding of the market, products and suppliers and develop strategic plans that align with business objectives. Learn more about GEP’s category management services  and category management software solutions.

Related Terms

What is Calculate Direct Cost?What is Capital Expenditure?What is Capital Purchases?What is Catalog?What is Category?