Tradecloud Intelligence

Tradecloud Intelligence calculates the probability of an exception occurring for a new order line, issued to the supplier.
An exception is defined as:

• A supplier proposes changes for an issued line
• A supplier rejects an issued line

So the risk percentage indicates how large the change is the supplier will not confirm the order line as requested.
A 90% probability indicates that Tradecloud Intelligence expects that there is a 90% chance that the supplier will either reject the issued line or propose changes.

Explainable Tradecloud Intelligence

Tradecloud Intelligence also reveals the top 5 data fields that positively and negatively impact the probability of an exception.
When a user clicks on the risk percentage calculated by Tradecloud Intelligence, a popup shows up that indicates these top 5 fields.

How is this risk calculated?

Tradecloud Intelligence is trained using state-of-the-art Machine Learning (ML) and AI algorithms, based on all order event data available in Tradecloud One. Any sensitive or personal data is obfuscated and cannot be exploited.

It will dynamically learn what information is most relevant for predicting the risk. It could be that for your order lines, the item details may be significant, the requested delivery schedule, or perhaps the destination. Or perhaps it is a combination of all of these. Tradecloud Intelligence is able to detect patterns in your order event data and leverage this to provide an accurate prediction.

What are the benefits for your company?

Tradecloud is exploring the benefits that can be brought to our customers with the help of AI.
The idea is that AI provides our customers with tools to proactively handle specific order lines even before an exception happens. This will allow our customers to address disruptions in the supply chain as early as possible when the impact of such a disruption is still low.

What next?

Next up Tradecloud will gather more feedback from the user base.