To solve this problem, we leveraged AI Data Cleanser to –
- Validate and cleanse country-specific supplier database. The native languages were handled using a customized pre-processing framework.
- Once each country had a unified supplier database, a global matching solution was developed to identify similar suppliers and bucket them into clusters, or create hierarchies as required.
- A unified supplier database helped the client create comprehensive supplier scorecards & identify priority suppliers.
- The procurement team was able to revamp existing processes due to the intelligence developed from historical transactions.