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Turn Data into Profit” – Pantavanij Launches PI Pantavanij Intelligence

“Turn Data into Profit” – Pantavanij launches PI: Pantavanij Intelligence, a procurement data analytics tool, driving the eProcurement...

“Turn Data into Profit” – Pantavanij launches PI: Pantavanij Intelligence, a procurement data analytics tool, driving the eProcurement platform forward with enhanced data visibility.

Pantavanij Co., Ltd., a leading eProcurement platform provider in Thailand and the ASEAN region, officially launched its new platform PI (Pantavanij Intelligence)—a procurement data analytics tool designed to boost sales and generate profits for sellers in the system—on May 23, 2023, at the company’s headquarters, Lumpini Tower, 31st Floor.

The event was honored by Vichit Srikreepudthana, Managing Director of Pantavanij, who delivered the opening speech and shared the company’s vision, highlighting three main areas of value:

1. Enhanced operational efficiency – by improving processes through automation, enabling buyers and sellers to collaborate seamlessly within the system.

2. Cost reduction and comprehensive savings – generating both direct and indirect cost savings to increase profitability for both buyers and sellers.

The third key area, considered a milestone for Pantavanij’s service evolution and being implemented from today onwards, is creating data visibility. This allows users to efficiently access transactional data through the PI (Pantavanij Intelligence) system—a technology that combines advanced data storage with intelligent, fast AI to provide powerful procurement analytics.

Over 22 years of providing eProcurement platform services, Pantavanij has accumulated measurable data demonstrating that digital procurement capabilities are driven by not just data itself, but by how effectively it is used. This enhances every decision-making process and even expands the overall business perspective, offering deeper insights and broader strategic dimensions.

The event highlighted the participation of Mr. Prathet Saengthong, Head of Business Intelligence & Analytics, who shared insights on the origin and development of the Pantavanij Intelligence platform, along with a live demo of its functionalities.

Also featured was Mr. Chaiput Kruawanichakit, Assistant Director – Corporate Engagement, who spoke on the evolving trends in digital procurement—changes that bring unprecedented challenges, driven by diverse and complex purchasing demands. These demands reflect shifts in consumer behavior and global mega-trends.

All three speakers actively engaged with attendees, sharing experiences and answering questions from participating vendors throughout the event.

PI Pantavanij Intelligence serves as a pivotal hub, creating a network within the Pantavanij system that integrates all data into a sustainable and highly stable business ecosystem.

The platform builds confidence and delivers value to both buyers and sellers by leveraging transaction data—over 3 million POs per year and a total purchase value exceeding THB 200 billion annually—from leading companies, supported by over 60,000 buyer accounts and 30,000 seller companies on the platform.

Pantavanij would like to thank all participating sellers for attending the Grand Opening of PI Pantavanij Intelligence. The company continues to focus on hosting events and discussions with buyers and sellers, offering benefits throughout the campaign.

New members interested in participating in future activities can stay updated by subscribing to email notifications at pisupplier@pantavanij.com with the subject line “Subscribe,” or via Pantavanij’s social media channels on LinkedIn and Facebook.

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