In today’s volatile market, traditional supplier shortlisting methods are ineffective and outdated. Procurement teams struggle to quickly discover alternative suppliers, which is crucial to meeting new business requirements and diversifying their supply base for better risk management. These limitations can undermine competitiveness and expose organizations to supply chain vulnerabilities.  Beroe's Supplier Discovery solution leverages real-time AI to accelerate the identification of alternative suppliers globally, across any category - direct or indirect. In a matter of minutes, you can access unbiased, AI-curated supplier lists which include detailed company descriptions, revenue data, and contact information. This can empower procurement teams to swiftly adapt to new business needs, diversify their supply base, and make strategic decisions with confidence. 

Here’s how you can leverage Supplier Discovery to elevate your search:

Momentum score

Measure market growth and interest, which integrates key parameters such as funding, revenue estimates, news sentiment, and media analysis to provide a comprehensive market outlook. 

Company classification

Gain deeper insights into products and services using NAICS and SIC classifications, helping ensure accurate and efficient supplier categorization. 

Competitor analysis

Leverage a detailed competitor list ranked by Similarity Score to enhance your decision-making process with precise competitor benchmarking and insights.

Why Supplier Discovery?

Enhanced time efficiency with AI-powered insights

Quickly identify and evaluate suppliers using AI-driven insights, reducing search time and enabling smarter, data-informed decisions 

Future-proof supplier relationships

Leverage Momentum Score and Competitor Analysis to make informed, data-backed decisions that improve supplier reliability and fortify supply chain resilience. 

Global supplier access

Expand your supplier base, accessing a diverse network and utilizing deep insights from NAICS and SIC classifications to ensure precise categorization and supplier selection worldwide.