Procurement use cases focusses on classification of procurement spending, better decision making, identify new opportunities, identify new suppliers or market, automate manual tasking and optimize supplier relationships.
- How to reduce many time consuming tasks using AI?
- What are the ways to make supplier relationship more data informed?
- How to take better decisions using data insights?
- How to identify new market and supplier using vast external data?
Key Machine Learning Models
- Supplier Churn Models
- Sentiment Analysis
- Supplier Preference in Market
- Cost Prediction
Key Business KPIs
- Spend and data classification
- Capturing supplier’s market data
- Vendor matching
- Anamoly detection
- ERP systems
- Excel/CSV Reports