Leveraging AI to streamline and structure data

In a complex procurement landscape involving 50,000 suppliers and nearly 200 countries, a large consumer packaged goods company needed to efficiently extract data from countless purchasing documents.

The company’s procurement division grappled with hundreds of thousands of documents in varied formats, types, and languages, leading to an inefficient manual review process. They were also faced with the underutilization of the available information for devising and implementing sourcing strategies.