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.

Problem Statements

  1. How to reduce many time consuming tasks using AI?
  2. What are the ways to make supplier relationship more data informed?
  3. How to take better decisions using data insights?
  4. How to identify new market and supplier using vast external data?

Key Machine Learning Models

  1. Supplier Churn Models
  2. Sentiment Analysis
  3. Supplier Preference in Market
  4. Cost Prediction

Key Business KPIs

  1. Spend and data classification
  2. Capturing supplier’s market data
  3. Vendor matching
  4. Anamoly detection

Data Sources

  1. ERP systems
  2. SharePoint
  3. Excel/CSV Reports