Improve Sourcing Decisions with AI Insights and Alerts
C3 AI Sourcing Optimization
C3 AI Sourcing Optimization improves sourcing decisions to lower costs, increase efficiency, and minimize supply chain risks. The application unifies all internal and external data across purchase orders, suppliers, inventory, raw materials, market indices, news, weather, and other sources to provide a unified view of all sourcing activity. Using C3 AI Sourcing Optimization, sourcing managers can leverage AI and advanced machine learning capabilities to monitor all sourcing activity within a single pane of glass and mitigate supplier risks to avoid disruptions to the supply chain.
Benefits
Reduce sourcing costs
by proactively identifying savings opportunities
Minimize price leakage
by continuously monitoring item prices
Improve supplier performance
through continuous benchmarking across peers
AI-Optimized Sourcing Management
Pain point
C3 AI Sourcing Optimization Solution
Lack of holistic visibility into sourcing operations
Single pane of glass into all sourcing operations enables global visibility and timely action
Undetected price variations across purchase orders
Sourcing price optimization creates pricing visibility and identifies savings opportunities
Difficulty capturing benefits from market index movements
AI-based pricing anomaly detection delivers timely alerts on any uncorrelated item-index movements
Reactive risk management
AI-based sourcing risk management monitors and mitigates potential fulfillment and supplier risks
Manual and ad-hoc analysis to reveal sourcing performance
Comprehensive sourcing performance tracking helps identify best practices to improve sourcing decisions
Customer viewpoints
Scott Parent
VP, Enterprise Engineering & Technology
“What the teams found is ingestion is happening about 80% faster with about 1/10 the resources”
Jim Hannan
EVP, CEO Enterprises
“There’s no question that C3 AI has capabilities we haven’t seen before, with something that gives us a platform to drive enterprise AI.”
