AI-powered platform with the industry’s most comprehensive parts intelligence delivers generative insights to help companies bolster supply chain resiliency, mitigate risk and reduce costs
PLEASANTON, Calif.-- LevaData, the company behind the industry-leading AI-powered supply management platform, today announced it will start releasing a monthly generative insights report providing unique market intelligence on component lead times and part risk trends. In conjunction with the publication of each report, LevaData will hold quarterly webcasts to discuss the latest insights and trends.
The LevaData platform harnesses the most information about parts in the world, with contextualized insights based on millions of data points from the marketplace, supplier community, customers and proprietary insights from LevaData. LevaData will publicly release a new generative insight report each month.
The generative insights provided in these monthly reports provide procurement and sourcing teams with a snapshot of the more robust and extensive real-time intelligence they can gain by using LevaData’s AI-powered platform.
“LevaData’s lead time insights on components and parts provide organizations with a comprehensive picture of how trends have evolved, the current trajectory and their magnitude, enabling procurement and sourcing teams to understand key trends and anticipate future scenarios,” says Keith Hartley CEO of LevaData. “This information is critical for today’s supply chain and procurement leader to navigate ongoing component availability, cost variations and supply continuity down to the manufacturer part level.”
Procurement and sourcing professionals can download the monthly reports at LevaData’s website free of charge starting on September 14, 2023. The first quarterly webcast on “Unlocking Generative Insights” will take place on September 14, 2023, from 8:00 to 8:30 a.m. PT, with an overview of key market trends from LevaData CEO, Keith Hartley, and insight analysis from LevaData’s Head of Product Development, Brian York. Register for the webcast here: https://www.levadata.com/videos/unlocking-generative-insights-sept.
“LevaData’s methodology for our generative insights is unlike anyone else in the industry. Building on the power of AI, we blend data from over 140 unique data feeds, giving supply chain and procurement leaders a competitive edge in the marketplace. These reports are a preview of the powerful part risk intelligence our customers gain from our platform, as well as spend intelligence, advanced benchmarking and alternative sourcing strategy optimization,” says Brian York, Head of Product Development at LevaData.
To learn more about LevaData’s AI-powered platform, including a self-guided tour of the spend and risk intelligence capabilities and a click-through demo, visit levadata.com.
LevaData’s integrated, AI-powered supply management software platform transforms direct material sourcing, mitigates risk and accelerates new product development. We power the smartest supply chains in the world by constantly analyzing business objectives against real-time market activity and community intelligence. We are trusted to deliver improved margins, control risks, generate new product velocity and achieve multitier supplier engagement with purpose-built tools for quick collaboration and decisive actions. LevaData creates a competitive advantage with transformational and predictive insights. Customers include large and complex enterprise companies and small- and medium-sized OEMs seeking to achieve best-in-class supply management practices. For more information on LevaData, visit levadata.com.