Supplier Shortlist Recommendation uses AI to rank qualified suppliers for each sourcing event against technical, commercial, and risk criteria, enabling faster and more objective shortlisting decisions, by scoring each supplier candidate against structured evaluation factors and historical performance data, across strategic sourcing and procurement workflows.
Category managers shortlist suppliers for sourcing events based on personal relationships, existing supplier lists, and incomplete risk data. New qualified suppliers are overlooked because they are not on the preferred list, and incumbent suppliers are included despite deteriorating performance indicators that are not systematically reviewed at the shortlist stage.
The AI scores each qualified supplier against weighted evaluation criteria (technical capability, financial stability, geographic coverage, past performance, ESG risk) and returns a ranked shortlist with criterion-level scoring for each candidate. The ranking is presented to the category manager for review and override before finalising the RFP invitation list.
Cost savings achieved per sourcing event increases; time to produce a defensible supplier shortlist decreases.
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