Can an AI put together your procurement better than you?
GoExpedi’s ‘predictive ordering’ will put together your procurement order for you and it says it won’t make as many mistakes
GoExpedi, a procurement solutions and supply chain management provider, has announced the initial release of predictive ordering capabilities for its e-commerce and company management platforms.
GoExpedi says that as users engage on the platform, data is collected, fed into GoExpedi's AI algorithms and analysed. This analysis provides not only product recommendations and quantity estimates to its end users but it says it can identify order abnormalities in an effort to curb human error.
GoExpedi provides over 200,000 critical parts and supplies hrough its online e-commerce platform.
GoExpedi will continue to provide data analysis for all its customers which includes reviewing catalog management, inventory planning and cost reduction.
Technical Co-Founder and VP of Engineering Jonathon Howey commented, "This kind of AI allows us to not only analyze a customer's historical patterns but also incorporate weather forecasts and soil conditions into the mix. Being reminded that it's getting hot out and you may be running out of water since you last ordered it a week ago is a simple example of what we are doing here and how impactful the technology is."