
CaidentiaSamsung SDS
Caidentia is a comprehensive supplier relationship management solution designed to enhance collaboration and efficiency. It offers advanced features for supplier evaluation, risk management, and performance monitoring, ensuring optimized procurement processes and improved supplier relationships.
Vendor
Samsung SDS
Company Website
Product details
Design-to-Pay for your Core Business Process
Caidentia is global SaaS Procurement and Sourcing Solution. Caidentia delivers new insight into design, sourcing, and procurement that drives significantly improved operational performance, flawless execution, and cost savings. With our unique, patented AI functionalities, you'll gain a competitive advantage in your design-to-pay workflows.
Features
- 'Design-to-Pay' Solution - Caidentia is the only end-to-end solution portfolio that enables design, source, procure and pay processes across the entire product lifecycle. - Caidentia enables early supplier engagement and accurate target cost estimation of new parts simultaneously with product development. The process continually identifies cost-saving opportunities at every stage and brings solutions to market faster.
- AI-powered Procurement & Sourcing - Caidentia is natively built on an AI stack, featuring our proprietary Samsung algorithms built specifically for SRM data models. - Our patented AI technology is already being used by numerous customers since the AI-driven functionality is seamlessly integrated into the entire design, sourcing and procurement workflow.
- **Embedded Proven Gen AI: ** - Generative AI revolutionizes the fundamentals of sourcing and contracting. - Complex RFQs with hundreds of questions are qualitatively evaluated and scored in minutes. - Contract language is validated to ensure compliance with predefined policies as well as relevant legal standards. - Natural language processing (NLP) means that AI can search for specific phrases or keywords across all of the contracts.
- New Approach for Cost Reduction - Caidentia provides a cost breakdown for custom parts during sourcing and design. Based on a detailed understanding of all cost components, such as materials, manufacturing methods, tools, consumable labor, overhead, and more, we can pinpoint where costs can be reduced. - The cost breakdown provides opportunities for more in-depth negotiations as well as promoting joint initiatives for process improvement and further cost reduction.
Find more products by category
Enterprise Resource Planning (ERP) SoftwareTeam Collaboration SoftwareAnalytics SoftwareView all