shouldcosting | Category Management

Category Management | with Machine Learning

Items are assigned to categories fully automatically. Customs tariff numbers are assigned correctly and, if required, each item is named automatically. Machine Learning changes the Category Management.

The basis for procurement activities

Category Management is an important basis for targeted measures in the procurement. A good Category Management Strategy can have a decisive influence on the success of procurement and substantially simplify many subsequent processes. The main tasks of Category Management are:

  • Transparency in the Procurement Portfolio
  • Sustainable Cost reductions
  • Coordinated approach in Business Groups
  • Strategic Approach instead of operational Overload

Company data is the basis for automated Category Management with Machine Learning. Just imagine: Every Item in the ERP-System is 100% correctly classified and is assigned to the right category. Each item has the correct customs tariff Number. Each item is automatically named based on its geometry. You will find every item in the ERP system - for 100% every item. Machine Learning makes this possible.

Do you have Questions about our Possibilities in Category Management with Machine Learning?