SourcingAI helps companies identify and quantify savings in supply chain
SourcingAI helps companies identify and quantify savings in supply chainSourcingAI helps companies identify and quantify savings in supply chainSourcingAI helps companies identify and quantify savings in supply chain
Using basic company spend and supplier information SourcingAI applies formulas and logic to identify savings opportunities.
SourcingAI helps companies identify and quantify savings in supply chain
SourcingAI helps companies identify and quantify savings in supply chainSourcingAI helps companies identify and quantify savings in supply chainSourcingAI helps companies identify and quantify savings in supply chain
Using basic company spend and supplier information SourcingAI applies formulas and logic to identify savings opportunities.
Sourcing AI provides the outputs associated with forecasting savings based on a foundation of empirical evidence. Enhanced by artificial intelligence and supplemented by machine learning, it is the most accurate available engine to forecast savings, and this is available on demand and free of charge.
Lacking robust contracts – suppliers are not accountable
Too few suppliers - not enough competition
Too few suppliers - not enough competition
Lacking robust contracts – suppliers are not accountable
Too few suppliers - not enough competition
Lacking robust contracts – suppliers are not accountable
Lacking robust contracts – suppliers are not accountable
Lacking robust contracts – suppliers are not accountable
Lots of contract renewals—not enough competition
Long-term contracts—market dynamics not being considered
Lacking robust contracts – suppliers are not accountable
Long-term contracts—market dynamics not being considered
Long-term contracts—market dynamics not being considered
Long-term contracts—market dynamics not being considered
Easy to change suppliers; encourage more competition
Long-term contracts—market dynamics not being considered
Long-term contracts—market dynamics not being considered
No buying specialties—uninformed purchasing
No supplier reviews—missing savings and improvements
No supplier reviews—missing savings and improvements
No supplier reviews—missing savings and improvements
No supplier reviews—missing savings and improvements
No supplier reviews—missing savings and improvements
No savings targets—lack of procurement focus
No supplier reviews—missing savings and improvements
No savings targets—lack of procurement focus
SourcingAI utilizes many data sources, recognized methodologies, and technologies, as well as real-time supplier market information. Hence, your savings forecasts are always current and change with the dynamics of time and the supplier markets.
About SourcingAI.
Actual Intelligence
Artificial intelligence
Artificial intelligence
For decades, management consultants, contractors, and interims have carried out work to understand organizations' supply chain dynamics and supply chain markets and analyze all the variables involved in order to forecast how much cost could be saved in running a procurement. A savings forecast has always been variable =/- X% accurate beca
For decades, management consultants, contractors, and interims have carried out work to understand organizations' supply chain dynamics and supply chain markets and analyze all the variables involved in order to forecast how much cost could be saved in running a procurement. A savings forecast has always been variable =/- X% accurate because of the time it takes to complete the work and the changing dynamics over time.
This ‘Actual Intelligence’ is the empirical information that informs the logic and algorithms that power SourcingAI. It is always current and is enhanced by the artificial intelligence that compliments it.
AI is revolutionizing supply chain management by offering advanced analytics and automation. Through AI-driven algorithms, businesses can analyze vast amounts of data in real-time, enabling better forecasting, inventory optimization, and risk management. Additionally, AI streamlines supply chain processes with automated workflows and pred
AI is revolutionizing supply chain management by offering advanced analytics and automation. Through AI-driven algorithms, businesses can analyze vast amounts of data in real-time, enabling better forecasting, inventory optimization, and risk management. Additionally, AI streamlines supply chain processes with automated workflows and predictive maintenance, reducing costs and improving efficiency. Embracing AI in supply chain management empowers businesses to enhance decision-making, optimize operations, and adapt to dynamic market conditions, ultimately driving greater competitiveness and resilience in the global marketplace.
Is the optimum solution for savings forecast generation as it’s a foundation of actual (empirical evidence) intelligence complemented by artificial intelligence. This is further enhanced by machine learning, which captures the actual savings results obtained compared to what was forecast.
Logic and method precede elegant and sophisticated language.
SourcingAI does something really simple by taking many datasets, information sources, and LFE and documenting a comprehensive set of levers that impact the supply chain of every category-specific area of spend. Understands market changes, your company, and supplier attributes, and keeps this (secret sauce) up to date.
This is available in real-time and is always accurate because timing is also a specific factor that’s unique to every organization.
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