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Divyesh Wani - Powerweave

AI in procurement is moving closer to the work where purchasing and sourcing decisions actually happen. AI can already read supplier documents, structure responses, compare quotations, score bids, identify deviations, summarize sourcing events, and recommend actions. In defined workflows, it can also support negotiation and execute selected activities within configured rules. But for procurement leaders,...

Enterprise procurement rarely suffers from a shortage of technology. Most large organizations already have an ERP. Many have invested in an S2P platform, supplier portals, catalogs, analytics tools, or all of the above. The harder problem is what happens around and between those systems. A requisition may begin in SAP while supplier communication and commercial...

Supplier data and supplier intelligence are not the same thing, and the gap between them is where procurement risk hides. A supplier can be fully recorded in your ERP and still be a blind spot, because the information procurement actually needs to make a confident decision, certificates, compliance status, performance history, dependency risk, is often...

Which procurement data cleansing solution fits your use case? ewiz procure by Powerweave is better aligned where clean supplier, item, catalog, purchase-order and spend data must support wider procurement execution. Verdantis is better aligned where the requirement is dominated by complex industrial materials, spare parts, equipment and MRO master data. If both descriptions fit, shortlist...

Supplier negotiations often begin only after the sourcing event appears to be complete. The tender has run. Supplier bids are in. Prices have been compared. A shortlist has been created. But a shortlist is not a final price. While eTendering platforms have made bid collection, supplier comparison, and audit trails easier to manage, the negotiation...