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[TTL3] Centralized Material Process Management, Risk Warning & Comprehensive Monitoring (End-to-End Governance, Risk & Reporting)

Tasco · Posted 10 months ago

Automotive and mobilityPredictive Analytics / Forecasting
Budget
To be determined
Timeline
Not specified
Closed on
13 Jan 2026, 23:59 ICT

Problem statement

Material process involves multiple departments, lacking a centralized management tool and end-to-end tracking. Material data is not exploited for forecasting needs, risk identification, and price fluctuations. Board of Directors lacks a tool for comprehensive monitoring of materials – costs – progress.

Expected outcomes and success metrics

- Transparency across the entire material lifecycle. - Early warning of material risks, demand and price trend forecasting. - Enhanced overall transparency & control, supporting quick, data-driven decision-making.

Current process

Fastwork, 1Office (suboptimal), No analysis & forecasting tools, Manual, periodic reporting.

Current solution

Fastwork, 1Office (suboptimal), No analysis & forecasting tools, Manual, periodic reporting.

Target users and impacted teams

Procurement Department, Finance and Accounting Department, Project Steering Committee, General Company Board of Directors.

Data availability and readiness

Proposal, procurement, inventory receipt, acceptance dossiers (structured & unstructured), Historical material data, purchase price, project plan, Consolidated data from systems.

Integration, deployment and infrastructure

N/A

Relevant AI technologies

Predictive Analytics / Forecasting