Partners
Autonomous Procurement Pricing System
The Challenge
ATS is an industry-leading automation solutions provider to many of the world’s most successful companies globally. ATS is looking for an AI-based component costing tool to deliver cost predictions that aid supply selection. These predictions will support system design optimization through intelligent component selection and deliver efficiencies during vendor selection and parts procurement processes. A successful solution could drive down procurement lead times, improve communications with suppliers, and create new domestic supply opportunities.
Investment
$0.9M
Scale AI investment
$2.5M
Total investment
“Our unique track record of innovation and passion for excellence sets us apart as the world’s leader in automation. Ultimately, this AI project will improve our ability to optimize costs in an inflationary cycle, deliver improved purchase order turnaround, and maintain our competitive advantage as a leading provider of automation solutions at a global operating scale.”
— Steve Emery, Vice-President Global Procurement, ATS Corporation
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