Combat the ongoing Supply Chain Slowdown by:

Foreseeing Procurement Risk from each supplier

Speeding Up Procurement Cycles

Planning and Unblocking Cash Flow

View Award Winning Case Study

Supply Chain Challenges Affecting the Food Production Companies:

  • Identifying the Right Suppliers to Suit Changing Demands
    With needs for some products skyrocketing and for others drying up, companies are struggling to adjust their needs amongst different suppliers who can deliver timely and at the right cost.
  • Unexpected Supply Delays and Supplier Defaults
    Continuing labour shortage is leading to unexpected delays and even defaults from some suppliers. In addition to leading to wasted warehouse costs, this also disrupts the entire production cycles.
  • Blocked Cash Flow
    Booked cash in advance payments is leading to trouble with financing new orders. For some cases, it means forced interest charges going towards loans as a result of poor cash flow.

AI Engineering - Customer experience transformation

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:
Clustering - Tenzai
  • 0%
    Procurements

    Delayed for over 8 weeks

  • 0%
    Defaults

    By Suppliers

  • 0%
    Interest Rates

    On loan due to no visibility into cash flow

  • 0K
    Man hours

    Wasted in manually managing procurement processes

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
Clustering - Tenzai
  • 0M$
    Savings

    Within 12 Months

  • 0%
    Reduction

    In Procurement Timelines

  • 0X
    Reduction

    In Processing Timelines

  • 0%
    More End User

    Adoption of the solution

AIPro can help you too.
Book a Free Consultation to see if the solution is a good fit.