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Description
When it comes to determining the ideal moments to purchase essential raw materials, craft a compelling story for internal stakeholders, pinpoint the optimal times for hedging, negotiate better terms with suppliers, or establish a hedge ratio, ChAI is the solution you need. This user-friendly web application allows clients to leverage unbiased predictions for material and energy prices, utilizing AI to analyze a wide spectrum of relevant data, ranging from satellite images to the China 300 Index. Over a single quarter, the price fluctuation of certain key commodities can vary by as much as 20% of the total expenditure. Therefore, making purchases at the most advantageous time and price is vital for the effectiveness of procurement professionals and their organizations. ChAI simplifies the process of determining the best time to acquire essential raw materials by providing numerical forecasts for one week and six months ahead. Each prediction is accompanied by clear rationales, offering procurement specialists the necessary insights to negotiate better contracts and optimize their purchasing strategies effectively. This insightful approach not only enhances decision-making but also contributes to improved cost management and strategic planning within the organization.
Description
Utilizing cutting-edge machine learning technology, Rosslyn offers unparalleled insights into spending patterns. Take charge of your procurement information and workflows, which together facilitate swift enhancements in both operational efficiency and workforce productivity. Rosslyn Spend Analytics aims to empower procurement specialists by providing significant insights into spending data, thereby enhancing the quality of decision-making. With enriched access to advanced business intelligence, procurement teams can maximize value across the entire supplier lifecycle. The platform, designed to be intuitive and user-friendly, streamlines the labor-intensive processes of data aggregation, cleansing, categorization, and enrichment from various internal and external sources. This allows organizations to harness their data effectively and make informed strategic choices.
API Access
Has API
API Access
Has API
Integrations
Dash
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
$99 per user per month
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
ChAI
Country
United Kingdom
Website
chaipredict.com
Vendor Details
Company Name
Rosslyn Data Technologies
Founded
2007
Country
United Kingdom
Website
www.rosslyndatatech.com
Product Features
Product Features
Procurement
Asset Management
Auction Management
Bid Management
Budget Management
Catalog Management
Contract Management
Inventory Management
Invoice Processing
PunchOut
Purchase Order Management
Receiving
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management
