We help buyers find better suppliers in seconds.
Our global real-time search engine empowers purchasing departments to find 3x more suppliers and accellerate their scouting processes by 85% compared to traditional methods.
Industry-leading companies trust our AI-driven technology
Latest News
Reifenhäuser Shares Procurement Strategy 2030 Insights in Köln BME Start Up Crunch
Jörg Stolz, Head of Procurement at Reifenhäuser, delivered an engaging presentation on the Reifenhäuser Procurement Strategy 2030 at Novotel Köln. The talk highlighted the transformative role of AI in procurement and emphasized the importance of a robust commodity strategy.
Exciting News! Matchory won the 1st Place at the Procurement Summit Awards in Hamburg!
Thrilled to announce that Matchory secured first place at the Procurement Summit Startup Awards! Thank you for the great recognition which shows our dedication to revolutionising the supplier matching process for procurement teams.
BME 2024: the current state of procurement and the impact of AI across all areas, especially in the context of Supplier Discovery
Zwei Tage voller aufschlussreicher Gespräche über den aktuellen Stand des Procurements und die Auswirkungen von KI auf alle Bereiche, speziell im Kontext der Supplier Discovery
It's that time of the year again, we are excited to participate in this year's Procurement Summit 2024!
It's that time of the year again, we are excited to participate in this year's Procurement Summit 2024! Looking forward to numerous insightful conversations, meeting new faces, and reconnecting with our procurement network in Hamburg.
3 simple steps to introduce AI-based supplier search within your team
1
Book an appointment with our experts
We look forward to answering your questions and demonstrating our supplier search based on your use case.
2
We make you experts in AI-based supplier search yourself
But don't worry, our web application is designed for maximum intuitiveness. Within just a few weeks, you will have a new tool at your fingertips that will help you identify 3x more suppliers in up to 85% less time compared to traditional supplier searches.
3
Benefit from a stronger supplier base
Better suppliers lead to increased resilience. Be it faster responsiveness through second sourcing or the search for innovative suppliers, with Matchory you strengthen your entire department and make it fit for the future.
"Reflecting on my 16 years in procurement, the simplicity and effectiveness of a consolidated supplier discovery tool like Matchory would have optimized our processes and elevated our sourcing strategies"
Britta Mikuteit
- Durch Denken Vorne Consult
The global supplier market in a single interface.
Sourcing must become more efficient, resilient and sustainable. We support organisations to create maximum value based on global supplier data. Make smarter decisions and enter the era of autonomous procurement.
Increased resilience in seconds
Reduce risks by strengthening your supplier flexibility and market knowledge:
Prepare for unforeseen events by always having alternative suppliers on hand
React flexibly by broadening your supplier base
More confident decisions thanks to greater market knowledge
Distribute risks across a broad supplier base
Digitalised processes without the obstacles
Increase the efficiency of your team with digitalised and centralised scouting processes:
One central interface for each of your sourcing cases
Collaborative access to projects
Simplification & optimisation of strategic procurement processes
Accellerated decision-making through centralized processes
Savings after the very first project
Save costs through market knowledge, better processes and more alternatives:
Cost savings of up to 17% through de-risking by increasing supply flexibility
Access to the global supplier market in one single interface saves you 85% effort
Increased market intelligence and improve your negotiation power
More choice leads to better bids
Our trusted partner network
What our clients say
U. Weigel
CEO
"With Matchory, my customers can reduce the time it takes to identify new suppliers from two months to two days. Now six potential suppliers can be found within two days compared to only two in the past."
Frank Wischnewski
Director
"With Matchory, it takes us two minutes to generate a results list of nearly 500 suppliers that used to take us two days."
Timo Rickermann
Chief Procurement Officer
"With Matchory we bring transparency to the supplier market. Today, I know much faster which suppliers exist and can compare them directly and evaluate them more effectively."
Dr. Alexander Brandt
Chief expert digitalization in market and competitor analysis
"Matchory helps us to easily obtain very comprehensive information on the players in the markets relevant for us."
Automate manual sourcing processes through smart technologies, Big Data, AI & Machine Learning
Frequently asked questions
What exactly is the service that Matchory offers?
Matchory offers a technology-based, automated supplier search. Matchory uses several billion data points with specific supplier information, which can be evaluated using state-of-the-art technology such as Artificial Intelligence. Matchory identifies and compares relevant suppliers in all markets and industries worldwide. Matchory thus supports strategic procurement in particular by providing an optimized and efficient supplier search. The user has either the possibility to assign Matchory directly with the supplier search for individual projects. Furthermore, Matchory offers a direct database access as a subscription model, which is available to the user to carry out sourcing projects independently.
Is any special knowledge required to use Matchory?
In general, no special previous knowledge is required. To create a project, the user only needs to know the specific requirements. These are among others relevant keywords to the product, required certificates, known reference suppliers (if available). The Matchory technology will then create a supplier longlist that fits exactly to the requirements of the project. However, certain industry knowledge can be beneficial when using the Matchory database in order to search for results in a more targeted manner and to be able to evaluate them more quickly.
What are the advantages of the technology-based supplier search with Matchory compared to the traditional, manual supplier search?
Through the data-based search, much more data can be included in a search query. Complex calculation methods can be used to generate cross-connections between these data points, which are not possible with the manual search. In a fraction of the time previously used, up to 100x more suitable suppliers can be identified and compared
Is there a focus on specific suppliers or industries?
There is a focus on suppliers of physical products whose manufacturing processes are used in their production. This is due, among other things, to the selection of the data sources included, e.g. the evaluation of customs data. Direct manufacturers in particular, but also distributors and retailers, are listed as suppliers. There is no industry-specific focus. Suppliers in all industries can be identified, from raw materials to special technologies to consumer goods.
What data is used for the automated supplier search?
Matchory uses a variety of different data sources of supplier information. These mainly include public data (digital footprint of a supplier), such as website information, data from trade registers or customs data. This information is continuously queried and processed accordingly in the Matchory database. In total, several million suppliers can be compared in real time.
Can I see the suppliers of other companies with Matchory?
Yes, but with limitations. Supply chains can be mapped by evaluating global customs data. However, there are various restrictions here. For example, only some countries (such as the US) currently publish this information. Nevertheless, valuable conclusions can be drawn from this data, which brings significant transparency into an intransparent market. For example, this data can be used to identify leading manufacturers and provide deep insights into global supply chains.
How does artificial intelligence contribute to the Matchory supplier sourcing?
Artificial intelligence is an essential component of database and search technology. By using Machine Learning and Artificial Intelligence, the supplier search is continuously trained and improved over time. This produces much more accurate results and allows the system to be customized to the user.
Can suppliers be searched globally?
Yes. The Matchory supplier database includes several million suppliers covering all global markets. Major markets are Europe, Asia, North and South America. Matchory always follows a global search approach to achieve the best possible results and to provide the user with general market information first. The results can then be narrowed down regionally.
Is there an API or interfaces to other systems?
Yes, the Matchory database provides a general interface that can be directly connected to other systems.
Which criteria can be considered in the search?
The search is based on keywords. Basically, every information that is relevant for a specific sourcing case can be taken into account. This includes product terms, specific manufacturing processes, materials, relevant certifications, customs tariff numbers, and much more. In addition, known suppliers can be entered as a reference, for which suppliers with a similar profile will be identified (eg second source scouting).
The smart supplier database
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