Arkestro Announces "Arkestro Labs, " Powerful New Procurement AI ...
Arkestro has launched "Arkestro Labs," an R&D initiative focused on AI-driven procurement solutions, at its Optimal '25 conference. The new AI capabilities, including Arkestro Intelligence and Opport...unities, enhance procurement processes by providing actionable insights and recommendations. These tools aim to improve cost savings and risk management, with customers like Koch Engineered Solutions and Trinity Industries already participating in a beta program.
Tariffs are the wake-up call supply chains needed, Arkestro says
Arkestro's co-founder, Edmund Zagorin, emphasizes that tariffs should be seen as a catalyst for innovation in supply chains. He advocates for using AI to transform procurement processes, reducing sou...rcing time by 60-90% and enhancing pricing accuracy. Arkestro's platform leverages AI to predict negotiation outcomes, offering significant benefits to Fortune 500 companies like Chevron and Valvoline. The global AI in procurement market is expected to grow significantly, with Arkestro playing a key role.
Arkestro Powers Predictive Procurement Transformation for Valvoline in New Multi-Year Partnership
Arkestro has entered a multi-year partnership with Valvoline to enhance procurement processes using its predictive procurement platform. Valvoline has achieved significant cost savings and efficiency... improvements in procurement since adopting Arkestro's platform. The collaboration aims to transform procurement into a strategic advantage by leveraging AI and data-driven approaches.
Arkestro Powers Predictive Procurement Transformation for Valvoline in ...
Arkestro has announced a multi-year partnership with Valvoline to enhance procurement processes using its predictive procurement platform. Valvoline has achieved significant cost savings and efficien...cy improvements since implementing Arkestro's platform, leveraging AI and game theory for strategic supplier engagement. This collaboration marks a milestone in Arkestro's growth, showcasing its role in transforming procurement into a strategic advantage.
Arkestro announces strategic relationship with BDO USA to expand and secure predictive procurement transformation services - WV News
Arkestro has formed a strategic relationship with BDO USA to enhance predictive procurement transformation services. This collaboration leverages Arkestro's AI-driven procurement platform with BDO's ...consulting expertise, aiming to improve procurement efficiency and savings for clients. The partnership focuses on transforming procurement processes to unlock value across various spending categories.
