Aera Procurement

Streamlined Procurement

Aera Procurement Skill integrates procurement strategy and automates daily procurement processes to enable a highly efficient and streamlined procurement process.

Aera Procurement Skill integrates procurement strategy with the day-to-day operations of a business, automating the daily procurement process and recommending the right supplier based on performance, cost, timeliness and key priorities. The Skill proactively and automatically checks and ensures contract compliance, predicts supplier delivery delays and lead times, and recommends the best course of action for changes and supply exceptions.

Benefits

Aligns day-to-day operations with procurement strategy daily
Automates decision-making and execution based on configurable rules & guardrails
Improves buyer productivity by automating day-to-day operational tasks
Collects, cleans, classifies and organizes all cost data, helping organizations to identify excessive costs
Improves compliance with contracts management, which tracks contracts and increases the number of successful supplier transactions
Delivers In-depth insights and recommendations on sourcing strategies and organizational spend performance
Proactively addresses supply risks and improves supplier reliability
Makes sourcing intelligent by automating non-strategic sourcing activities and evaluates supplier bids based on various factors like price, quality, etc.
Improves supplier relationships by continuously monitoring the supplier scorecards and performance reports

Other Skills

Aera Forecast

Leverages machine learning algorithms that correlate data from historical sales, promotions, the market, and external factors to autonomously generate an accurate demand forecast with minimal to no human intervention.

Aera Logistics

Optimizes shipping networks, uncovering opportunities for more efficient transportation, identifying bottlenecks, and automating shipment delay resolution, to ensure customers receive the complete shipment on time, every time.

Aera Inventory

Balances capital investment constraints and service level goals while taking demand and supply volatility into account.

Aera Order

Recommends accurate order promises, allocations, and production plans to improve Available-to-Promise capabilities with real-time fulfillment visibility.

Aera Promotions

Monitors the competition and market trends, analyzes historical data, and recommends plans to perfect your promotions.

Aera Digital Control Tower

Monitors the business to identify and predict demand, working capital and cost risks, then prescribes appropriate actions to mitigate or overcome these risks.