Establishing a New Negotiation and Supplier Relationship Strategy Based on AI Cost Estimation Models
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Presentation
Our client, an automotive supplier, wants to make immediate and significant savings. KEPLER proposes implementing a negotiation program with its suppliers based on cost estimation models supported by AI.
Context
- New competitiveness plan to transform the relationship with suppliers and eliminate price inconsistencies as a first pillar
- Using easyKost for the past few years by the Should Cost teams in the acquisition and development phase of a new product in 3 categories of the NPI phase
- International Procurement teams with varied profiles and levels of commitment
Objective(s)
Category: Deliver Total Performance
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Using the easyKost technology as a lever to identify price inconsistencies to get significant procurement savings quickly
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Improving buyer maturity on cost control and analysis and implementing a new negotiation and supplier relations strategy
Using the AI on engineering and procurement data allows obtaining new sources of savings in a relatively short period. Beyond savings, this approach facilitates familiarizing procurement teams with AI and intelligent analytics to optimize their procurement strategies.Pierre Rougier, Partner
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