Requisition Anomalies
Overview
This solution examines historical requisition data to detect anomalies in item prices, quantities, and patterns, for example, weekly, monthly, or quarterly. This solution alerts requesters and approves to any deviations, facilitating proactive decision-making to ensure supply chain efficiency.
Expected benefits
- Early anomaly detection: Identifies unusual quantity, price, or frequency patterns before approval.
- Reduced risk: Minimizes fraud, waste, and unnecessary spending through data-driven insights.
- Better decision-making: Provides requesters and approvers with clear and contextual recommendations.
- Improved compliance: Highlights contract versus non-contract usage and pricing deviations.
- Optimized planning: Leverages historical trends to support accurate forecasting and resource allocation.
Infor Enterprise Automation utilizes Artificial Intelligence (AI) to detect and notify anomalies.