How an AI-powered platform automated the sourcing lifecycle to drive unprecedented efficiency and savings for a leading manufacturer.
Before implementing an AI solution, the procurement team at a leading industrial manufacturer was constrained by a series of manual, disconnected processes that created significant bottlenecks:
Material requisitions from all plants are automatically ingested and consolidated by the AI platform. The system intelligently groups materials and creates optimized sourcing events, freeing the Sourcing Manager from tedious work.
The platform's AI engages with each vendor independently and in parallel through a chat UI and direct email, conducting real-time price negotiations to secure the best possible rates without human intervention.
A dedicated Vendor Discovery Agent continuously scans the market for new suppliers, performs automated rate comparisons, and identifies key decision-makers, providing a pipeline of qualified, competitive vendors.
The platform's analytics engine provides a comprehensive comparison of all bids, factoring in price, lead time, and vendor performance, giving management a clear, data-backed recommendation.
When a vendor submits an invoice, the AI performs an instantaneous three-way match against the purchase order and rate contract, highlighting any mismatches for the Accounts Payable team to review.
A 75% reduction in the time taken to complete a sourcing event.
12%
Equating to over $18M in annual savings.
75%
Reduced from 10-12 days down to just 2-3 days.
85%
Freed from tactical work, managers now focus on high-value strategic initiatives.
20%
Onboarded 50+ new competitive vendors in the first year.
87%
Invoice mismatch rate dropped from 15% to less than 2%.
24/7
Autonomous AI chat and email improved vendor satisfaction and response times.
By embracing AI-driven automation, the customer has fundamentally reshaped its procurement operations. The platform provides the critical intelligence and automation needed to navigate a complex supply chain, ensuring the company remains agile, competitive, and resilient in the global marketplace.
39 Mensa, I floor, GREETA TOWERS, Industrial Estate,
Perungudi, OMR, Chennai, Tamil Nadu 600096
Gokulganth TM
Hyper-Automation Solution
Revolutionizing Business Operations