Combat the ongoing Supply Chain Slowdown by:

The Solution lies in looking at Procurement planning from a new lens.

 

Tenzai’s AIPro

Tenzai developed and conceptualized AIPro, a procurement planning solution that helped the client to automate decision making. The AI / ML system provided insights and recommendations to business users to streamline procurement planning and funding processes.
Solved these issues for a large cocoa trader with 5700 Supply Agents:
  • Delayed Procurement timelines
  • Lack of supply chain transparency
  • Manual Procurement planning processes
  • Inconsistent cash flows
  • Low employee productivity
  • High procurement processing costs
  • Revenue leakages across the supply chain
  • Lack of insights and adequate data

Client's Challenges!

The Client was losing 6% of its Annual Revenue due to the following:
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The AIPro Solution

The AI / ML based procurement planning solution helped the client to overcome critical business challenges. The solution helped in the following areas

Ensuring Traceability Across the Procurement Value Chain

  • Created Dashboards to monitor and track procurement processes and funding transactions

Provide Funding Recommendations to Business Users

  • Built ML models to predict procurement risk and timelines for each suppliers, and generate recommendations on where to place their risk

Reduce process and decision errors

  • Automated workflows for procurement planning and funding processes

Simplify coordination between Managers and Suppliers

  • Created a Web Portal to enable suppliers to raise funding requests and managers to approve the same

Outcome

The client was able to realize significant business benefits within 6 months of implementation
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