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About

When you need to pinpoint when to buy key raw materials, present a robust narrative to an internal stakeholder, identify the best time to hedge, secure more favourable contracts with suppliers or decide on a hedge ratio, you need ChAI. An intuitive web application that enables users to benefit from impartial materials and energy price predictions made by applying AI to all of the data that matters, from satellite imagery to the China 300 Index. In one quarter the best and worst price of some key commodities can differ by up to 20% of spend. Buying at the right time and right price is crucial to the success of a procurement specialist and their organisation. ChAI make it easy to identify the optimum time to buy key raw materials through numerical predictions 1 week, 6 months into the future. Every prediction includes clear explanations of what is driving the prediction in question, arming procurement specialists with the relevant insights to secure more favourable contracts.

About

Scanmarket’s Source-to-Contract (S2C) software is designed to empower procurement teams to streamline their sourcing processes and manage supplier relationships more effectively. The platform supports end-to-end procurement activities, from creating RFPs to contract management, and enables teams to make smarter decisions with real-time data. With features like automated supplier management, spend analytics, and eAuction tools, Scanmarket helps organizations save costs, improve supplier performance, and drive better strategic sourcing decisions. The platform is scalable and easy to implement, designed to fit the needs of businesses of all sizes across various industries.

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

Enterprises seeking a solution that enables users to predict and capture price and spend increase

Audience

Scanmarket is ideal for procurement teams, sourcing managers, and businesses looking to optimize their supply chain operations, reduce costs, and improve supplier relationships with an advanced, scalable S2C platform

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version
Free Trial

Pricing

No information available.
Free Version
Free Trial

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Training

Documentation
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

ChAI
United Kingdom
chaipredict.com

Company Information

Unit4
Founded: 1999
Denmark
www.scanmarket.com

Alternatives

Alternatives

MeRLIN Sourcing

MeRLIN Sourcing

MeRLIN Sourcing B.V.

Categories

Categories

Procurement Features

Asset Management
Auction Management
Bid Management
Budget Management
Catalog Management
Contract Management
Inventory Management
Invoice Processing
PunchOut
Purchase Order Management
Receiving
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management

Integrations

Dash

Integrations

Dash
Claim ChAI and update features and information
Claim ChAI and update features and information
Claim Scanmarket and update features and information
Claim Scanmarket and update features and information