AI Use Case
Capture 3rd party or internal data for price comparison and supplier relationship overview
Comparable data across multiple suppliers (or internal relationships) can allow for potentially significant negotiation power and cost reduction opportunities. Automated data aggregation and comparison from multiple sources significantly reduces the challenges to getting an aggregate and normalised view across organisations and suppliers.
Cost - Reduced replacement costs,Cost - Reduced inventory costs,Data - Data mapping / labelling
General Electric~General Electric has saved $80 million over the past few years by integrating supplier data across business units using machine learning
Structured / Semi-structured,Text
Machine Learning (ML),ML Task - Prediction - Annotation,ML Task - Prediction - Multi-class Classification,Traditional AI