LEVERAGE A.I. TO AUTOMATE PROCUREMENT

In today’s world, where data is infinite, cross-channel, and mostly unstructured, it is virtually impossible for traditional procurement teams to deliver at scale, and in near-real time. Applying machine learning and leveraging artificial intelligence can help smooth out the entire procurement process—from demand forecasting to order placement. RoboBuyer automates procurement and optimizes working capital using a combination of A.I. and Machine Learning models. Robobuyer analyzes what items and quantity are required to meet expected sales and service levels given certain constraints like available working capital, costs of stocking items, lead times for procurement and expected sales to maximize revenue and profits.

CUTTING-EDGE ALGORITHMS

ROBOBUYER is a procurement automation platform that leverages cutting-edge A.I. algorithms to optimally drive the purchasing process. It enables businesses to reduce the working capital expenditures while increasing margins. 

TWO OPTIONS THAT SUITS YOUR NEEDS

The solution offers retailers two main options: minimum stock (computes the minimum quantity to be held in stock: consequently, it will order only those products) and Fixed Purchase Budget (maximizes the expected margin, given a specific purchase budget).

BENEFITS

  • -20% WORKING CAPITAL
  • +5% MARGINS
  • Human-AI purchasing order process
  • Incorporated sales forecast engine
  • Automated safety stock decisions

ROBOBUYER: Working Capital Optimization Leveraging A.I. to Automate Procurement

Procurement is the most critical component in the supply chain. To optimize the inventory in supply chain, it is necessary to understand the factors affecting it.

 

ROBOBUYER: Working Capital Optimization Leveraging A.I. to Automate Procurement

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