Our latest product, Sayari Map, comes equipped with a brand new capability called Product Blueprints. The supply chain maps that users can build within Sayari Map are generated using our proprietary Product Blueprint methodology. A Product Blueprint can be thought of as a superset of all possible components likely required in the manufacturing of a specific product, similar to a generic Bill of Materials.
How do Product Blueprints work?
Sayari Map allows supply chain and procurement teams to upload up to 25,000 suppliers at a time, screen these suppliers for more than 65+ risk factors, then automate filterable mapping to better understand sub-tier suppliers and all of their relationships. The product maps the upstream supply chains of the uploaded suppliers that match against Sayari’s database at a product level, leveraging Sayari’s AI-enabled product blueprints. This filters out the noise so you can focus on the suppliers that are most relevant to your business, instead of wasting valuable time and resources vetting the ones that aren’t.
To generate the Product Blueprints, Sayari’s Data Engineering team has built a recommendation engine that analyzes the entire breadth of Sayari’s global shipment data across 60+ jurisdictions to identify and assign weights to input-output HS Code pairs. Sayari Map then leverages large language model technology to validate that these pairs have a component-subcomponent relationship, and builds a linked property graph based on the validated and QA’ed pairs, creating a library of Product Blueprints for every HS Code available in its database.
The Product Blueprint is instrumental in removing noise from real world supply chain data, and mapping upstream networks that represent logical value chains. Mapping logically correct value chains ultimately enables users to focus only on suppliers and risks that are relevant to them.
How does this improve risk identification?
In the face of mounting global regulations spurred by evolving geopolitical and environmental pressures, companies are struggling to find the visibility needed to build and maintain supply chains that are profitable, resilient, and compliant. The demand for supply chain risk identification is at an all time high and for many companies it’s been hard to get visibility beyond the first tier.
Often, companies rely on supplier questionnaires and manual investigations to get to the specific information they need about their product lines. Supply chain and procurement teams have to manage thousands of suppliers which could mean a massive expenditure of time and resources would be necessary to compile it all.
With Sayari Map, companies can quickly and effectively map and understand their sub-tier suppliers in a seamless workflow. Sayari’s market-leading commercial and trade data can ensure teams are working with complete information that supplier questionnaires can’t always offer. But knowing that more is not always more, Product Blueprints add the additional layer of knowing that the information your team is reviewing is applicable to your specific product lines so you can reduce time wasted on screening and investigating risks that aren’t relevant.
To see the Product Blueprint in action, download the recording of our latest webinar for a walkthrough with Senior Director of Product Management Rhea Rakshit.