Our cloud-based Cognitive Sourcing™ Platform applies artificial intelligence and predictive tools to both market intelligence and enterprise procurement data sets. It 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. With Levadata, your business can take strategic actions that transform sourcing into a competitive advantage.
The cognitive sourcing model follows this cycle:
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.
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.
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.
Our AI monitors all actions and outcomes – yours and the community’s – to improve itself. It discovers how to sense and generate more relevant recommendations over time.