"To leaders in this space, I think the Cognitive Sourcing Summit is not only just a great introduction to the technologies that are available but it's also a community, and that's very important."
- Donald Farmer, Treehive Strategy
Tomorrow's Knowledge, Now
Transforming Sourcing from Information-Based to Knowledge-Driven Action.
Meet Leva: Your Cognitive Sourcing™ Advisor
AI and predictive tools to transform sourcing into a competitive advantage.
Leva is an intelligent advisor built on our cloud-based Cognitive Sourcing™ Platform. It applies artificial intelligence and predictive tools to both market intelligence and enterprise procurement data sets. Leva is on a constant, real-time search for savings opportunities and supply chain risks. It recommends what you should negotiate – and exactly when – for maximum leverage.
The Cognitive Sourcing Cycle
Always-on identification of risks & opportunities
Constant identification of risks and opportunities. It scans market intelligence sources‐such as news, benchmarks, and exchanges—and all relevant internal enterprise data, in real-time.
AI-powered insights for constant improvement
Our AI monitors all actions & outcomes ‐ across your supply chain and the broader community ‐ to improve itself. It discovers how to sense & generate more relevant recommendations over time.
Strategies to maximize negotiation outcomes
Generates strategies to maximize negotiation outcomes, including one‐click creation of playbooks. It tells you which levers to pull during a deal‐and when‐for optimal results.
Achieve continuous sourcing with intelligent assistance
Enables you to move to continuous sourcing. Engage with your suppliers in seconds within the system. Or use its expert assistance to speed up your existing procurement processes.
in Annual Spend
on our platform by our customers
in Contracted Savings
for our customers
in our database for analysis and competitive benchmarking
constantly scanned and analyzed for opportunities
Achieve ROI fast on engagement with LevaData
How Leva Can Help You
Leva levels the playing field with suppliers and manufacturing partners via unique cost benchmarks on parts, products, and commodities. It recommends negotiation levers and cuts analysis time to seconds for sourcing events. This means you can act on risks and opportunities with specific insights.
Leva gives you improved accuracy in product cost allocation changes. It allows you to manage rebates and amortize tooling at suppliers. Leva alerts you when margins are at risk from Forex or raw material cost changes. This means you can move from reacting to supplier risk to predicting success.
Leva creates visibility into outsourced BOMs and “costed rollups” from manufacturing partners. It enables a “trust but verify” approach for key parts and commodities for partial or full outsourcing. This means insights into full transformation and lifecycle cost changes in your manufacturing process.
Leva’s recommendations during new product introductions allow you to optimize suppliers, part selection, and cost. It gives you unique access to market intelligence and savings opportunities in real time as you create a design BOM. This means you can reduce product lifecycle costs from the very start.