28 November 2002 | Robin Parker
Ariba has unveiled what it claims is the first automated category management procurement tool.
Ariba Category Management, said to bridge the software gap between analysis and execution, takes buyers through the various steps of category management.
The software, which is the result of eight months' research and development, ensures strategic sourcing processes are consistently followed across organisations.
Ariba says the software is capable of delivering what it calls "breakthrough efficiencies" by improving sourcing visibility, resource and process management, and knowledge sharing.
The application map's sourcing processes so that consistent procedures are followed.
It also uses pre-configured templates for new projects and will capture and store all category-related material, such as third-party data, in a central repository.
Paul Hampton, director of product marketing in Europe, the Middle East and Africa for Ariba, said: "We realised that there was nothing bridging the gap between analysis and execution in category management.
"The new product goes through the process: it encapsulates it, so that it can be re-used each time."
The product is being targeted at big business, with Ariba selling the software to three large US corporations in the run-up to its UK launch.