Provides an AI-powered platform for sourcing electrical and automation components by automating price inquiries and stock checks across a network of European suppliers. This eliminates manual comparisons and delays, enabling businesses to secure the lowest prices, shortest lead times, and assured delivery for over 1.8 million products.
Funding
Funding not disclosed
Founders
Product
Problem
Sourcing electrical and automation components typically involves time-consuming manual price inquiries and stock checks across multiple suppliers. This process leads to delays, inefficient price comparisons, and uncertainty regarding product availability and delivery times.
Solution
Ampwise provides an AI-powered platform designed to streamline the sourcing of electrical and automation components. The platform automates price inquiries and stock checks across a network of European suppliers, eliminating manual comparisons and reducing delays. By using AI to process inquiries and detect products, Ampwise enables businesses to quickly secure competitive prices, verify stock availability, and ensure reliable delivery for a wide range of products. The system integrates with ERP systems to automate deal progression and stock incomings.
Target Audience
The primary target audience includes distributors, wholesalers, and traders of electrical and automation components seeking to streamline their sourcing process and improve efficiency.
Features
- AI-driven price inquiry automation across multiple suppliers
- Real-time stock availability checks throughout Europe
- Automated product detection from emails, PDFs, and Excel files
- ERP integration for seamless data synchronization
- Automated deal progression based on customer responses
- Instant order matching for automated stock incomings
- Multilingual support for processing inquiries in various languages