Can this approach be applied to other procurement decisions?
The core principle — data-driven optimization of vendor selection — is applicable across industries. Wherever companies regularly choose between multiple service providers, suppliers, or platforms, a similar approach can be implemented.
The prerequisite is a sufficient data foundation of historical transactions. The more decisions are documented, the more precisely a model can identify patterns and derive recommendations. The automotive sector is particularly well-suited because data volumes are large and features are well-structured.
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Zukunft beginnt, wenn menschliche Intelligenz künstliche Intelligenz entwickelt. Der erste Schritt ist nur ein Klick.
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