SAP Business Network for Procurement and Supply Chain, matching improvement

Find the best-fit suppliers based on requirements.

Overview

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

Compatibility

Works with

This product is compatible with or enhances the functionality of these SAP solutions but doesn't require them.

SAP Business Network for Procurement