Advanced Procurement with Machine Learning
The PSI identifies savings potential in material groups, finds similar or identical components within seconds, calculates targetcosts of new components and also masters the classic Bottom-up Calculation for components and assemblies. The PSI answers questions, that arise daily in procurement and represents Advanced Procurement at the highest level.
DMA - dynamic materialprice adjustment
Raw material prices will be in 2022 under constant observation. A slowdown in price increases is expected. However, the situation remains tense, and suppliers will continuously adjust prices. To ensure full transparency in this situation, the PSI includes the function "DMA - dynamic materialprice adjustment". For this purpose, PSI has stored the prices of many materials over many years. This means, that it is known at any time, whether the suppliers' price demands are justified. With just one mouse click. Of course, PSI shows many other savings potentials. The year 2022 can come!
AAS - automatic algorithm search
With "AAS - automatic algorithm search", the PSI finds the best and most accurate calculation method for the input data - fully automated. What additionally distinguishes the PSI - predictive saving identifier: High mathematics - easy to use. The PSI provides new, fact-based arguments for renegotiations with suppliers and can be fully integrated into existing IT Infrastructures (ERP, PLM, PDM).
SID - similar item detection
For companies it is impotant to find their way through large databases, in order to avoid redundancies and increase the reuse of items. With SID - similar item detection our cutomers are able to find similar components or assemblies within seconds. But in some cases, no 3D geometry, no 3D CAD file is available. With SID you can even find similar items based only on 2D drawings.
Integrated Bottom-UP Calculation
With AEPC - automated enterprise product costing, a high amount of components can be calculated fully automatically. For certain items, it makes more sense to use a classic Bottom-UP costing process. The PSI offers all possibilities for this. The integrated Bottom-UP costing of costdata® is therefore fully integrated. The costdata® software, integrated in the PSI - predictive saving identifier, enable extensive Bottom-UP calculations and detailed cost-breakdowns. We rely on costdata® when Bottom-UP calculations are needed.
OSC - optimize supplier clustering
OSC - optimize supplier clustering, supports the procurement departments in supplier management. Intelligent algorithms allocate articles optimally to suppliers - based on criteria to be specifically defined. The PSI - predictive saving identifier knows, based on the integrated data models, which suppliers are the right suppliers for the items - from a technical and commercial perspective. For existing items, but also for new components or assemblies. It has never been easier to identify the most suitable suppliers for your items.
