Novartis – Buying Engine: AI-powered Procurement Portal
Procuring lab supplies required manual comparison of item prices in several vendor catalogs. Overspending, inventory mismanagement, and delays for R&D and production. Novartis Buying Engine solves this challenge by providing a centralized purchasing platform with search and recommendations. Catalog data is automatically extracted from unstructured vendor catalogs using Machine Learning with Amazon SageMaker. Data is stored in DynamoDB, Neptune, and OpenSearch. The shopping portal itself is fully serverless, being hosted on Lambda and Api Gateway.