Category Management is a strategic approach to Supply Chain Management that focuses on organizing and managing products and services according to their similarities. This approach is used to optimize the supply chain process and ensure that the right products and services are available to customers at the right time. Category Management is a way to ensure that the supply chain is efficient and cost-effective. It is based on the idea that similar products and services should be grouped together in order to make it easier to manage them. This approach also allows for better forecasting and planning of future needs. Category Management helps to reduce costs, improve customer service, and increase profits. It also helps to reduce inventory levels and improve the overall efficiency of the supply chain. By using Category Management, businesses can make sure that they are providing the right products and services to their customers in a timely and cost-effective manner.
