Intelligent Category Management Intelligent Category Management

Intelligent Category Management

Intelligent Category Management (ICM) is the ultimate solution that centralizes and streamlines all category-related activities, providing organizations with comprehensive visibility, market insights and strategic direction throughout the procurement lifecycle.

ICM empowers managers to fully control each category, leveraging preloaded market insights on hundreds of categories and over 100,000 indices. Powered by GEP QUANTUM™, this AI-first platform goes beyond cost reduction, helping category managers achieve strategic goals in cost, risk, quality, innovation, customer experience, and sustainability—optimizing total costs and driving top- and bottom-line impact.

Why Choose GEP's Intelligent Category Management Solution

Centralized Solution for Category Management

Powered by AI, market intelligence, and cost analysis, this platform helps you create effective strategies and measure outcomes against KPIs for all your category management needs

Seamlessly Integrated with Award-Winning S2P Suite

ICM integrates with our award-winning source-to-pay (S2P) suite, providing real-time visibility into spend, savings, contracts, and more through customizable dashboards for better decisions

AI-Initiated Recommendations

Intelligent software classifies and analyzes data, using predictive and prescriptive analytics to alert teams, recommend suppliers, and offer granular visibility across your enterprise

Real-Time and Deep Market Intelligence

Access over 100,000 global price indices, cost breakdowns, and scenario modeling with automated data consolidation from internal and external sources for enhanced visibility and market insights

360 Category Workbench

Gain total control of categories with internal and external data. Customize frameworks, track performance, and use real-time price data to make informed, data-driven decisions

Automated Alerts and Notifications

Stay informed with automated alerts on market changes. Track developments and receive procurement recommendations for quick, proactive responses to market dynamics

Unleash Predictive Intelligence for Balanced Cost, Risk and Sustainability

  • Define new category profiles through creating or importing category taxonomy
  • Set up category profiles with spend channels, risk assessments and policies
  • Instantly view category spend and suppliers based on classified and enriched data
  • Get timely external market insights to stay current on category- and commodity-level developments
  • Leverage seamlessly integrated spend, supplier, sourcing and commodity data to implement, configure and analyze mid-term and long-term category strategies and sourcing processes
  • Monitor category spend and identify trends by commodity, business unit, region and supplier
  • Leverage intelligent spend views: global supplier regional spend, actual vs. budget, contracted vs. non-contracted spend by category, etc.
  • Monitor supplier profiles and statistics to track performance against key metrics
  • Integrate enterprise-wide documents to aggregate your spend based on targeted categories
  • Conduct supplier analysis with integrated intelligence
  • Set measurable KPIs and objectives
  • Optimize costs, diversity, sustainability and mitigate risk
  • Integrate spend profiles and compare with market indices
  • Track performance and make informed decisions

Key Benefits of Intelligent Category Management

  • Gain total visibility into all categories and suppliers to identify savings opportunities
  • Identify cost drivers and boost the bottom line
  • Develop and execute category strategies while tracking performance and driving innovation
  • Enhance collaboration and strengthen supplier relationships
  • Optimize costs, align value, and boost profitability for maximum value from procurement spend
  • Mitigate risks related to supply, suppliers and supply chain

Top Rated by Real Users

G2
         

4.4 rating

Gartner
         

4.4 rating

Software Advice
         

4.4 rating