The Sourcing Event Agent from Mercu AI creates fully automated sourcing events, from supplier proposals to document selection - faster, more precisely and more easily than ever before. This saves you valuable time, reduces manual work and optimizes your procurement with smart AI support.
Mercu AI finds suitable suppliers and adds them directly to your supplier database, including automated onboarding. This saves you time, reduces manual steps and overcomes hurdles through seamless process integration.
Mercu AI's Market Analysis Agent provides you with current market prices, indices and relevant news for your categories and immediately shows you which items and sourcing cases are affected. This saves you time, provides you transparency, gives you valuable insights, and allows you to react to market changes in a targeted manner.
Mercu AI's Business Intelligence Agent analyzes supplier performance, past price inquiries and current data in seconds, without manual searching. Targeted queries and smart analyses save you time and enable you to make well-founded, data-based decisions.
Mercu AI can extract data from a wide range of sources, including:
ERP systems for internal procurement and process data,
External data sources such as supplier portals or third-party systems,
Public data sources like market reports or regulatory information,
Emails and calendars to capture communication and scheduling data.
This flexibility ensures Mercu AI integrates seamlessly into existing workflows and centralizes all relevant information for smarter decision-making.
Mercu AI ensures the highest level of data security through the following measures:
1. Data Storage:
- The Mercanis Data Warehouse is hosted on secure servers located in Germany.
- The AI base model operates on servers within the European Union.
2. Data Isolation: Customer data is securely isolated within the system, ensuring separation and privacy while maintaining high security and compliance standards.
3. Training Process: The Co-Pilot model is trained vertically, meaning no cross-training of data between customers takes place.
4. Compliance and Certifications:
- Mercanis is SOC 2 certified, meeting the highest international security standards for data protection and IT security.
- We also adhere to GDPR and other stringent European data protection regulations.
This approach ensures that sensitive data remains secure, compliant, and protected within a robust and certified infrastructure.
Yes, there is a quality control process, but the nature of AI models comes with certain inherent limitations:
Learning Process: AI systems learn similarly to humans – they are not perfect today and will never be 100% flawless in the future.
Variability of Responses: Large Language Models (LLMs) are not purely rule-based. This means that asking the same question twice may not always generate the exact same answer. This behavior is more reflective of human intelligence than a rigid set of rules.
Training Oversight: Despite rigorous training and quality controls, it cannot be guaranteed that every response is completely error-free. However, this is a natural characteristic of AI, much like it is with humans.
Through continuous training and optimization, we ensure the quality and accuracy of the AI assistant's responses steadily improve over time.
Activating the Co-Pilot is as simple as one click. However, the process depends on whether the user is already a Mercanis customer, which modules are currently in use, and if additional modules still need to be implemented. Once everything is in place, the Co-Pilot can be activated effortlessly with a single click.
The AI model builds on a flexible base model architecture, currently OpenAI, which is continuously refined with procurement-specific algorithms, prompts, and vertical training. This ensures Mercu AI delivers precise, context-aware insights tailored to the needs of Category Buyers and strategic procurement professionals. Future iterations will further enhance specialization, making the base model a commodity while prioritizing proprietary procurement intelligence.
The cost of the Co-Pilot is individual and depends on the modules it will be used for, the number of agents required and the number of users who will access it. A detailed price list is available upon request.
