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C3 AI Sourcing OptimizationC3 AI

Improve Sourcing Decisions with AI Insights and Alerts

Vendor

Vendor

C3 AI

Company Website

Company Website

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Product details

Improve Sourcing Decisions with AI Insights and Alerts

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.​

Key Capabilities

Single pane of glass visibility into all sourcing operations

  • Unify all internal and external data across purchase orders, suppliers, inventory, items, market indices, news, weather, and other sources
  • Provide a unified view of all sourcing activity and global visibility into supplier, item, and purchase order level performance

Sourcing price optimization

  • Detect pricing divergence across suppliers by proactively monitoring pricing on purchase order lines
  • Proactively identify lowest cost suppliers for items along with the associated supplier performance metrics
  • Leverage configurable AI alerts to be informed of latest pricing insights

AI-based pricing anomaly detection

  • Identify pricing fluctuations by tracking item price correlation with market price indexes​
  • Provide feedback into AI alerts and insights to continuously improve the accuracy of AI models

AI-based sourcing risk management

  • Identify fulfillment risks and improve visibility into purchase order delays early on to mitigate downstream supply chain and manufacturing risks
  • Leverage external data sources to monitor supplier financial health

Comprehensive sourcing performance tracking

  • Perform detailed sourcing spend analysis across items, purchase orders, and suppliers over time
  • Track and benchmark supplier performance across peers to reveal best practices and improve sourcing decisions

Benefits for Supply Chain Professionals

Sourcing Manager

Leverage AI insights and alerts to identify new sourcing strategies to lower costs, increase efficiency, and minimize risks.

Analysts

Highlight pricing anomalies, supplier performance issues, and fulfillment risks to continuously improve the health of the supply network.

Supply Chain Executives

Monitor all sourcing activity, costs, and emerging risks on a single pane of glass.