Unit 8 / 11

Supplier Finding, Evaluation and Price/Cost Analysis: RFQ and Cost of Arrival

Gains:

  • Ability to accelerate the supplier search, pre-selection and request for quotation (RFQ) process with artificial intelligence and configure evaluation criteria
  • Ability to make hidden costs visible by comparing different supplier offers with artificial intelligence support on the basis of landed cost
  • Understanding that supplier verification, reference checking and fraud risk are human responsibility, and artificial intelligence only provides preliminary analysis.