Category spend optimization
Category spend optimization with Source AI
Generative-AI-fueled strategic category management
Source AI drives category spend optimization
How we support you
Harnessing the power of generative AI in category spend optimization
Source AI helps you understand your category spend with a 360° market intelligence engine to boost your strategic category management capabilities, cost savings, and efficiency.
Our capabilities
Category facts
Identify patterns and access real-time solutions for your entire category spend.
Market and supplier news
Access insights into the latest relevant market and supplier news.
Category analytics
Categorize spend data and create intelligent spend cubes.
Contract review
Get accurate contract summaries and prevent value leakage.
Idea generation
Generate new ideas using proprietary AI capabilities.
Negotiation preparation
Prepare for negotiations by structuring convincing arguments.
Case study
MRO category spend optimization for aluminum player
We identified savings potential of 4 to 6 percent across eight maintenance, repair, and operations (MRO) categories for an aluminum player. The impact was driven by customized advanced analytics focusing on category-specific initiatives, such as strategically sourcing materials from original equipment manufacturers (OEM) and low-cost countries (LCC), consolidating the supplier base, and eliminating price variance. Automated and guided insights empowered category managers to capture opportunities. Additionally, Source AI increased visibility on market data and enhanced efficiency by over 20 percent, allowing users to focus on value-add activities.