Best Spend Analysis Software for Dash

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.