Solution · Taxonomy management

Treat your procurement taxonomy as a strategic asset.

It's the foundation for spend visibility, savings, supplier strategy, and AI. Mithra agents build, optimize, and govern it with your team in control.

Procurement taxonomy
4 levels · 312 categories
Approved
IT & Telecom €384M
Hardware€142M
Software & SaaS€168M
Telecom services€74M
Facilities €188M
Cleaning & hygiene€61M
Energy & utilities€88M
Why taxonomy matters

Your taxonomy decides the quality of every procurement insight.

Every spend report, category review, and AI classification is only as good as the taxonomy beneath it. Most teams have one; few have one that's actually good.

A good taxonomy is
  • RepresentativeReflects your actual category structure, not a generic UNSPSC tree.
  • ConsistentThe same across business units, ERPs, and regions.
  • ActionableDetailed enough to be useful at the category-manager level.
  • GovernedA clear process for changes, additions, and reviews.
  • StableConsistent enough to enable year-on-year comparison.
Common failures

Four ways procurement taxonomies break.

Too generic

"Professional Services" as a leaf category hides ten sub-categories that each need different sourcing strategies.

Too many "Other" nodes

When 15–30% of spend falls into miscellaneous categories, the taxonomy isn't doing its job.

Shadow taxonomies

Category managers keep parallel spreadsheets because the official taxonomy doesn't reflect how their categories work.

Stale after change

Every ERP upgrade, merger, or migration corrupts the classification mapping and nobody updates it.

The Mithra approach

Mithra agents treat taxonomy as a living, governed asset.

Taxonomy generation

No taxonomy yet? Mithra agents build a bespoke one from procurement best practice, tuned to your spend and owned by your team.

Taxonomy optimization

Already have one? Mithra agents audit it for gaps, overlaps, and misclassifications, then recommends fixes your team approves.

Taxonomy governance

As your business evolves, Mithra agents maintain the taxonomy and enforce it at every new data ingestion point.

Free masterclass

Build a purposeful procurement taxonomy.

Watch the masterclass →
FAQ

Taxonomy questions, answered.

Either. Mithra agents can generate a new taxonomy, optimize your existing one, or do both, building a new structure in parallel with your existing one and running a comparison before you decide.
A new taxonomy for a mid-sized enterprise typically takes three to four weeks, including AI generation, internal review rounds, and finalization. Optimizing the taxonomy of an existing structure is faster.
You do. The taxonomy Mithra generates or optimizes is your intellectual property. You can export it, use it in other tools, and modify it at any time.

Make your taxonomy work for you.

See how Mithra agents build, optimize, and govern a procurement taxonomy tuned to how your business actually buys.