Procurement Analytics for Supply Chain
Enhance Efficiency with Procurement in Supply Chain Management
A Direct Material Sourcing platform, powered by AI. We enable supply chain teams to increase spend visibility, reduce costs and mitigate risks. Build procurement resilience and gain a competitive edge.
The Intelligent Platform for Direct Material Sourcing and Supply Chain Analytics
Gain immediate insights to optimize procurement in supply chain management, achieve significant cost savings, and drive effective strategic sourcing for your direct materials.
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Unlock Cost
Visibility
Get detailed supply chain analytics, spend intelligence, and benchmarking at the part level to maximize procurement cost savings.
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Manage supply
chain risks
Mitigate risk by leveraging insights into alternative part options, lead times, supplier performance, and building resilience at the part level.
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Vendor and Supplier Collaboration
Enhance operational efficiency by ensuring smooth communication with your suppliers during procurement in supply chain management and build resilience at the part level.
Optimize Sourcing with AI-driven Supply Chain Analytics and Insights
Discover how LevaData’s unified platform revolutionizes sourcing with features like real-time cost savings, spend visibility, savings opportunities, supplier discovery, and immediate alternate part identification.
Search your part
Get detailed information about a part at the MPN Level. Gain insights on spend intelligence, lead times, price benchmarks.
Know your spend
Get complete visibility on your spend. Quickly zoom in on key spend metrics to identify opportunities to drive strategic sourcing and bring value across your supply chain
View Savings Opportunities
Compare your pricing to LevaData’s pricing benchmarks. Identify cost savings and improve your BOM cost
Guarantee Supply Continuity
Implement measures to navigate through supply chain disruptions. Build resilience for your direct material sourcing by identifying risk at the part, manufacturer and geographical level
Discover alternatives
Access detailed information on form-fit function alternatives and supplier discovery. Make smarter decisions for procurement in supply chain management.
What Industry
Leaders Are Saying
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“LevaData has utilized the innovation of AI and predictive analytics to help organizations understand when they need to act and negotiate with their supply base. As a strategic sourcing advisor, LevaData brings significant ROI.”
“I think LevaData is an absolute leader in the cognitive sourcing space, and what they’ve built so far is ahead of everybody in the market. They do one important thing above all else—it’s no longer about interpreting data signals—it’s about actually taking action. The ability for LevaData to create value using these cognitive bots is pretty much market leading at this point.”
“Unprecedented volatility and ongoing economic uncertainty are driving companies to seek actionable insights from data to make better decisions about their direct material sourcing. LevaData direct sourcing provides decision intelligence that literally saves companies millions of dollars almost immediately.”
“LevaData is a valuable sourcing solution for companies looking for a tool that supports BoMs and material-level analytics while providing market insights, especially for categories like electronics, for better decision making during the NPI process and after production begins.”
“LevaData is changing the way we think about strategic sourcing. Technology itself can't solve everything. It must work with human beings to get the best results. LevaData has integrated these two components of the supply chain process: the human elements and the technology.”
“LevaData has utilized the innovation of AI and predictive analytics to help organizations understand when they need to act and negotiate with their supply base. As a strategic sourcing advisor, LevaData brings significant ROI.”
“I think LevaData is an absolute leader in the cognitive sourcing space, and what they’ve built so far is ahead of everybody in the market. They do one important thing above all else—it’s no longer about interpreting data signals—it’s about actually taking action. The ability for LevaData to create value using these cognitive bots is pretty much market leading at this point.”
“Unprecedented volatility and ongoing economic uncertainty are driving companies to seek actionable insights from data to make better decisions about their direct material sourcing. LevaData direct sourcing provides decision intelligence that literally saves companies millions of dollars almost immediately.”
“LevaData is a valuable sourcing solution for companies looking for a tool that supports BoMs and material-level analytics while providing market insights, especially for categories like electronics, for better decision making during the NPI process and after production begins.”
“LevaData is changing the way we think about strategic sourcing. Technology itself can't solve everything. It must work with human beings to get the best results. LevaData has integrated these two components of the supply chain process: the human elements and the technology.”
Transform Your Direct Material Sourcing
Leverage data-driven insights for supply chain resilience. Digitize manual processes, engage with suppliers and mitigate risk in real-time with our powerful and unified supply chain analytics platform.
Vendor Scorecards
Get detailed insights about your suppliers. Uncover spend opportunities, financial ratings, risks, and global vendor locations to ensure profitable partnerships for procurement in supply chain management.
Location Awareness
Navigate risks by understanding the origin of your parts. Determine if geographical risks affect your supply chain at the product, manufacturer, or part level.
Ready to experience the power of LevaData?
Watch our demo on demand and see why leading supply chains worldwide rely on LevaData's decision intelligence, procurement in supply chain management, and direct material sourcing platform.
FAQs
Here's a little more about how we operate. Got a more specific question? Feel free to get in touch.
How does LevaData help in optimizing the costs of procurement in supply chain management?
LevaData provides detailed supply chain analytics and spend intelligence at the part level, enabling businesses to maximize procurement cost savings. It offers real-time cost savings opportunities, spend visibility, and detailed benchmarks to optimize procurement strategies and achieve significant cost reductions.
How can LevaData assist in managing supply chain risks?
LevaData helps mitigate supply chain risks by utilizing supply chain risk intelligence to provide insights into alternative part options, lead times, and supplier performance. It allows businesses to build resilience at the part level by leveraging data on supplier reliability and potential geographical risks, ensuring a more robust and secure supply chain.
What features does LevaData offer for enhancing supplier collaboration?
LevaData enhances supplier collaboration through supply chain analytics and seamless communication tools during procurement processes. The platform includes vendor scorecards that provide detailed insights into supplier performance, spending opportunities, financial ratings, and global locations, facilitating more informed and profitable partnerships.
How does LevaData use AI to optimize sourcing and supply chain analytics?
LevaData uses AI-driven supply chain analytics to revolutionize sourcing by providing real-time cost savings, spend visibility, savings opportunities, supplier discovery, and immediate identification of alternate parts. These AI-driven insights empower businesses to make intelligent decisions about procurement in supply chain management and enhance overall supply chain efficiency and resilience.
How does LevaData’s supply chain analytics help achieve supply chain resilience?
LevaData empowers businesses to achieve supply chain resilience by offering real-time insights into supply chain analytics and supplier performance metrics. With detailed data on alternative part options, lead times, and geographical risks, businesses can proactively mitigate disruptions and build a robust supply chain.
What benefits does LevaData's AI-driven supply chain analytics offer for procurement in supply chain management?
LevaData's supply chain analytics revolutionize procurement in supply chain management by offering real-time insights into cost savings opportunities, spend visibility, and alternative part identification.