re-open.com’s Smart Analytical Model (SAM) is a predictive procurement solution that relieves industries from the burden of procurement confusion, building tailored product recommendations for physical environments in under 30 seconds.
SAM interprets thousands of pages of regulations to determine the optimal type and quantity of health and safety products and accessories that an organization needs to safely re-open and stay open.
The baseline complexity of existing pre-pandemic regulations and the dynamic nature of regulatory change during the pandemic has made the procurement environment increasingly complex.
Add in the influx of non-compliant products and disrupted supply chains and procurement can quickly become ineffective and over-priced.
In the wake of the pandemic, there are new standards for how we work and interact with one another and our physical environment. Ensuring an organization’s most important assets – their people – feel comfortable re-entering physical workplaces is paramount.
SAM is a regulatory-driven solution that uses machine learning and algorithms to simplify the procurement process by delivering accurate product predictions based on the individual requirements of physical environments, including accounting for the daily average of on-site workers.
It is created by a team of regulatory experts and developed in partnership with Deakin University’s Applied Artificial Intelligence Institute (A²I²).
SAM eliminates wasted time, money, and product that is associated with inefficient procurement, removing guesswork and human error to ensure workplaces have exactly what they need in exactly the right amount and at exactly the right price.
This solution is integrated with secure supply chains and vetted suppliers to reduce the risk of non-compliant products, which ensures our recommendations and products are trustworthy, reliable, and safe.
As a regulation-driven technology, SAM was built with the Federal Emergency Management Authority (FEMA) reimbursement in mind. SAM’s default forecast period mirrors FEMA’s 60-day Necessity requirement and provides an easy-to-follow report to assist with FEMA reimbursement claims.
In under 30 seconds, SAM can identify and source the health and safety products and accessories an organization needs and produce documentation for FEMA reimbursement and insurance, all while adhering to state and federal regulations and guidance.
Find out more about SAM here.
About Machine Learning:
Machine Learning is a type of artificial intelligence (AI) and computer science. It gives systems the ability to access data and use it to learn from themselves without being programmed. Machine learning allows systems to constantly improve themselves through experience.
About Algorithms:
An algorithm is a set of rules that a computer follows to turn data into useful information. At its very base level, algorithms can be used to order numbers or find the answer to maths problems, however, they are also used for a variety of complex programming, such as the Smart Analytical Model (SAM).