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
Plans and pricing
SAP Business Network for Procurement and Supply Chain, matching improvement
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.
- Contract duration available upon request
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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Resources
Initial Setup - SAP Help Portal
Product - SAP Help Portal
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Product - What's New
Business Value 3-Pager
SAP Business Network for Procurement and Supply Chain, matching improvement