Artificial intelligence is making category management smarter.
Traditional category management, as carried out by procurement leaders, had a lot of shortcomings. It was hampered by manual processes that failed to address the entire supply chain and, as a result, couldn’t respond quickly enough to changes in supply and demand. But artificial intelligence — specifically, agentic AI — is changing all that. It has made possible “intelligent” category management, which allows for continuous, dynamic planning across the end-to-end supply chain. On this episode, we’re joined by Rakhi Mullick, vice president of digital transformation with GEP, who clues us in on the state of the art of ICM, which can input and process more data than ever before, allowing it to respond to inevitable market volatility. We’re even approaching the point where agentic AI can execute decisions autonomously, leading to “smarter, market-informed strategies.” Hosted by Bob Bowman, Editor-in-Chief of SupplyChainBrain.
This episode is sponsored by GEP.
Show notes:
A paper by GEP: “Autonomous AI Agents Are the Future of Procurement and Supply Chain. And They’re Already Here!”