Definition Category Management is an engaging approach to procurement that integrates multiple facets of the product life cycle and ensures a holistic, integrated view of a company’s strategies, goals, objectives, and supplier relationships. It also involves collaboration between different departments and stakeholders to ensure the most cost effective and reliable supply chain management. The goal of definition category management is to leverage existing industry best practices in order to identify, assess and select the most suitable suppliers for individual products or services, while also enabling key performance indicators such as quality, delivery, innovation, risk and cost.