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.
Nissan and Arkestro: Securing Automotive Supply Chains
Nissan partners with Arkestro to enhance its procurement strategy using Arkestro's AI-powered platform. This collaboration aims to improve visibility into supplier networks, mitigate risks, and stren...gthen cybersecurity resilience in the automotive supply chain. Arkestro's predictive technology and game-theoretic capabilities will help Nissan modernize its procurement processes, ensuring operational efficiency and security against cyber threats.
Arkestro Momentum Drives Leadership Growth and Appoints Industry Powerhouse Veterans
Arkestro has appointed Tom Aitchison as President and COO and Ron Rasmussen as CTO, enhancing its leadership team. Aitchison and Rasmussen bring extensive experience to support Arkestro's growth in p...redictive procurement. Ben Leiken transitions to Chief Product Officer, emphasizing product and engineering focus.
Awards, Recognitions, and Industry Achievements of Arkestro (formerly Bid Ops)
Arkestro Named a Sample Vendor in 2026 Gartner® Hype Cycle™ for Multienterprise Solutions - PR Newswire
Arkestro has been recognized as a Sample Vendor in the 2026 Gartner Hype Cycle for Multienterprise Solutions, specifically for Supplier Discovery. This recognition highlights Arkestro's role in enhan...cing procurement processes through predictive intelligence, aiding enterprises in identifying and incorporating new suppliers to optimize supply chain resilience and competitiveness.
Tahmeeda Bushra Khorasani, Arkestro Director of Supply Chain Innovation and Supplier Ecosystem, Named Winner of 2026 Women in Supply Chain Award
Tahmeeda Bushra Khorasani, Director of Supply Chain Innovation at Arkestro, has been honored with the 2026 Women in Supply Chain Award in the Trailblazer category. This recognition highlights her con...tributions to AI-powered predictive procurement and her efforts in mentoring women in the supply chain industry.
Arkestro Earns Validation in The Hackett Group's Spring 2026 ...
Arkestro has been recognized as a validated provider in The Hackett Group's Spring 2026 SolutionMap, a benchmark for procurement technology. Additionally, Arkestro received a Top Tech distinction in ...Sourcing for its innovative capabilities. This recognition highlights Arkestro's strengths in compressing procurement cycle times and enhancing supplier relationships, underscoring its impact on the procurement technology landscape.
