Anomaly Detection in Contract Fulfillment

What is it and why is it interesting for your business?

In contract fulfillment, discrepancies between specified volume commitments and actual order quantities can occur due to various factors, including end-product customer demand or alternative supply sources. Sales departments are committed to achieving higher contract fulfillment rates to meet client expectations and maximize revenue.

How does it work?

To address this challenge, we set up a detection model that automatically sends alerts directed towards account managers. These alerts serve two primary purposes:

• To prompt account managers to encourage customers to proceed with purchasing the goods despite deviations from the contract terms
• To facilitate the selling of excess goods to alternative customers.

By implementing these automated alerts, we streamline the process of managing contract discrepancies, optimize inventory utilization, and ultimately enhance overall contract fulfillment performance. This proactive approach ensures that we not only meet our contractual obligations but also capitalize on opportunities to drive additional revenue and strengthen customer relationships.