Optimize your procurement costs through our AI-enabled workflow application. Firms that use digital to manage tail spend can cut their annual expenditures by 5% to 10%
What we address
Embedded Inefficiencies
Multiple vendors supplying same items across different locations and with different TATs and SLAs with last minute decisions
Invisible Costs
High maintenance cost for low value vendors alongside price differences for similar items and low ticket size for vendors leading to high audit costs
Invisible Risks
In many cases, smaller procurements are without proper contracts and don’t follow corporate governance policies leading to higher reputation risks
Built on industry leading data engineering and modern AI design principles
Our pre-built data models and ADEF frameworks help in integrating Supply360.ai with ERP seamlessly and quickly
Real time assessment of procurement spending
Continuously monitor procurements across organization with role based access
Proactive rationalization of tail spending
No more dependencies on annual reviews; monthly review dashboard for executive management
Direct savings of 10%+ of procurement costs
Identify savings opportunities
Leverage our offering for accelerated growth
Enable predictive analysis to foresee challenges
Self learning recommendation engine
Model self learns from the action taken against recommendations to
improve over time
Pre-built data models for ERP integration
Continuously monitor procurements across organization with
role based access
Multi-dimensional modeling
Multidimensional models to segment vendors into various archetypes
and actions - and perform interventions
AI engine for vendor grouping
Natural Language Processing and text mining algorithms to group vendors together (i.e., multiple entities of same company together)