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QUESTION & ANSWER

AI Procurement Historical Data Preparation

The first instalment requires at least representative procurement needs, request for quotation documents, vendor quotations, catalogues of material or services, official procurement results and approval rules. To assess the risk and long-term value of suppliers, contract, delivery, arrival, quality, return of goods, invoices, payments and vendor qualifications data should also be prepared. Data need not be fully developed at all times, but they must be clear as to source, time, currency, tax rate, unit and final result, avoiding direct reference to uncomparable historical low prices.

Answer the question.

First, give conclusions that can be used for decision-making

The demand side records the requesting department, material specifications, quantity, place of delivery and date; the offer side retains the supplier, currency, tax rate, freight, MOQ, delivery period, account period, validity period and original language; the outcome side link final selection, order, change and approval justification; the performance side is linked to goods, quality, return, service and payment. The material and the supplier need a stable identifier and an alias map. The first period can select a class of 20 to 50 representative complete procurement packages and separates the development, validation and independent receipt samples. The missing and conflict are also important information, and should be clearly marked rather than automatically filled out in the model.

DECISION FACTORS

What conditions need to be identified before judgement is made?

The same question may have different answers under different business, data and project phases. It is suggested that the following conditions be checked and that the common findings on the web be incorporated into their own projects.

Differences in the first procurement class, volume of processing and quotation formatAvailability of stable code and aliases for materials and suppliersWhether the price includes tax and freight charges and can be converted to a uniform calibreWhether procurement results relate to subsequent performance, quality and payment
ACTION STEPS

Suggested order of advance

01

First, we'll be clear about the target and the border.

Select a high frequency class and define the boundaries of the procurement package.

02

Validation Key Dependence

(c) Collating data on requirements, quotations, results, approvals and performance.

03

Development of assessable outcomes

Harmonization of materials, suppliers, units, currencies, taxes and time calibres.

04

Make sure you decide the next step with the real results.

Establish independent assessment collections and document missing, conflicting and manual standards.

PRACTICAL EXAMPLE

How do you understand it in the actual business?

Example used to illustrate the method of judgement

The two historical offers are priced at the same unit price, but one includes a tax package freight charge and requires an advance payment, the other is untaxed and accounts are closed for 60 days. If the unit price is retained, the system will be wrongly concluded.

COMMON RISKS

The easiest pit to step on.

Export ERP orders only, without retention of original quotations and reasons for approval

Mixing of currencies, units and rates in the same price field

Treat the lowest ever price as currently available

ACCEPTANCE

How should we end up receiving and confirming?

The data list should indicate the fields, sources, releases, responsible persons, quality issues and scope of use; sample procurement packages could be traced from demand to price quotations, selections, orders and performance, and systems could be useful for alerting and transferring missing, conflicting and outdated data.

When preparing to communicate with suppliers or internal teams, it is recommended that current processes, representative samples, existing systems, planning time and budget levels be brought. First, the unknown items are clearly marked, and then the decision is made to use diagnostics, PoC, fixed-range projects or ongoing research and development, which is usually more reliable than a direct demand for a price and duration without borders.

Your project conditions are different from the examples above?

Operational objectives, existing systems, sample and planned time could be collated before consultants could make preliminary judgements in relation to actual boundaries.

Associate project consultants