Streamlining Procurement with Quidi as “Step One”
- 12 minutes ago
- 2 min read
Where does all the money go?
Every manager fretting over expense reports, vendor invoices, and shipping charges wants to figure out why (and how) cash disappears, and why profits aren’t higher.
Often the culprit is the labor cost of manual work – paying your staff to route, input, and analyze piles of paperwork. “Going digital” has helped, but there’s still time lost as human workers sift through mountains of digital data.
Turns out: it’s not the format of data that’s raising your costs, it’s all that human-generated routing, inputting, and analyzing.
Wouldn’t it be great if you could automate not just data but the “human” stuff as well? Then you could use your human staff for productive work that generates profits, instead of routine tasks that increase costs.
Now you can do exactly that. That’s the beauty of course of AI: getting clerical work done with just one “AI clerk.”
Need an example?
Consider the way Quidi streamlines the sourcing process. It can be “Step One” for your organization’s adoption of AI – a simple way to begin the transition and compete in a business environment that’s changing in dramatic ways on a daily basis.
Quidi and Sourcing
Finding the right component for your production process can be a time-consuming struggle. So many vendors, so many products – hundreds or even thousands of alternatives. It’s a nightmare for sourcing professionals.
Sourcing teams used to flip the pages of dozens of catalogs, searching and comparing. Then came the internet, which replaced flipping with clicking – but the online options came not in the dozens but in a seemingly endless stream – you could click forever.
How do you know you’ve found the “best” part? At the right price? In the optimum time frame? The answer has been that you can’t know for sure – you just set arbitrary goals with arbitrary time limits - and turn your human staff loose to search the web.
Quidi changes all that. With our AI driven technology, we can generate instant searching in thousands of catalogs simultaneously. Quidi can locate the right part, at the right price - fast. It evaluates intangible factors, too: vendor reliability, delivery options, price history. And it stores relevant parameters, so that new employees won’t have to reinvent the wheel – they’ll just find the best wheel available, instantly!
Hadley Richards
Marketing & Customer Success for
Garnet River & Quidi
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