Collaboration
Control & Visibility
Payment Automation
Purchase Automation
Competence
Analysis
ENSURE SUPPLY
INVENTORY OPTIMIZATION
EXPENSE REDUCTION
COST REDUCTION
Product Catalogation
Electronic Quote
Requisition & authorization
Payment Publication
Inventory Publication
Foireing Trade
Catalog Publication
Electronic Negotiation
Commercial Documents
Payment Conciliation
VMI
Contract Management
Expense Analysis
Sourcing
Electronic Invoice
Inventory Control
KPI´s and Performance
Digital B2B uses UNSPSC (United Nations Standard Products and Service Code) codes homologating its catalog under a standard and universal taxonomy of more than 20 thousand categories in different segments:
METHODOLOGY
- Identify: identifies the type of product and standardize name
- Classify: classifies in accordance to UNSPSC
- Analyze: analyzes semantics of each word or abbreviation based on its context.
- Extract attributes: such as color, size, measurement, etc.
- Clean: cleans illegible characters, corrects punctuation and expands abbreviations.
- Normalize: presents attributes, measurement units and abbreviations uniformly.
- Enrich: enriches items descriptions.
- Homogenize: identifies duplicated products
- Publish: publishes information in different formats
A correct supplier or product catalogation will allow companies to identify how much is being spent, in which product and with which suppliers.
Homologating your catalog will enable you to:
- Eliminate duplicates
- Decrease inventory level
- Reduce suppliers
- Visibility and expense analysis
- Consolidation of volume
- Organize information in electronic catalogs ( for recurrent buys that have been previously negotiated and approved)
- Organizes supplier information
- Enables companies to have updated contact, product/ services and distribution coverage.
- Facilitates having a bank of current information