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SAP Business Network for Procurement and Supply Chain, matching improvement

Find the best-fit suppliers based on requirements.

Overview

cb-start

SAP Business Network Discovery currently matches buyers' RFIs with suppliers based on categories and locations but doesn't consider specific details in the RFI description (e.g., product keywords or specifications). By incorporating these details, matching improves, leading to better responses and supplier selection. Buyers can use generative AI to extract keywords from descriptions, add them to RFIs, and the system matches these with suppliers in the database, notifying them of opportunities.

Benefits

Automatic generation of keywords from the description
Buyers can define their supplier criteria based on the keywords
Suppliers find better and specific matches based on their uploaded network catalog and company keywords
Better matching results in getting the best value out of SAP Business Network Discovery for all our trading partners

Business Value

20% reduction in time to review supplier discovery responses
16% increase in savings rate from a better supplier match leading to more accurate supplier responses
Discover new suppliers with specific keywords, product names and specifications

Details

Solution type

AI Feature

Plans and pricing

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titleSAP Business Network for Procurement and Supply Chain, matching improvement

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Details:
- AI Units are not required to use this AI offering in the underlying Cloud Service.
- You must have the base product in order to activate this solution.

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