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“Quick Answer: How to Prepare for AI in Procurement”
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%
Average savings per event by a US Automotive Manufacturer
Savings realized for a Global Engineering Solution
%
Average supplier participation on events for a US Construction Materials Manufacturer
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Arkestro drives better buying decisions, faster, at scale!
Every decision is your best decision
With ML and behavioral science Arkestro optimizes procurement cycles with direct actions based on your best decisions
Speed with confidence
Scale your influence
By using Arkestro across all of your spend data, it’s possible to extend your reach without increasing headcount
Procurement is about strategy and execution
But both need your most precious resource, time. A great strategy demands knowing your own buying patterns and behaviors, as well as having a pulse on the market. Strong execution requires an incredible amount of coordination between procurement, the business, and suppliers to get things done.
Arkestro delivers Predictive Procurement Orchestration that help your team create strategies faster across more areas of spend while integrating with your system to execute automated outcomes.
What customers are saying about PPO
“The RFP we ran with Arkestro was a double success. We were able to both obtain $1 million in savings and expand our supplier base. It was an amazing achievement!”
Mathieu Pappalardo
Vice President, Procurement, GoGo squeeZ, Materne North America
“With Arkestro, we were able to transform single source spot buys to multi-supplier, multi-round events in the same amount of time by leveraging Buyer hands-free autonomous negotiation. The results yielded material value, including new suppliers that performed better not just on price but on other value indicators. We achieved significant positive results at scale, thanks to Arkestro.”
Mike Novello
VP of Supply Chain, KES (Koch Industries)
“I’ve tried a lot of procurement solutions, and Arkestro really nailed it on the head with this one. I want them to keep doing what they’re doing.”
Dirk Meuzelaar
Director of Global Strategic Sourcing at Provisur
“We’ve seen 10% savings year over year and it continues to grow. Arkestro is not a stagnant platform where you see no growth. We’ve continued to grow and make the platform work for us and we gain more savings by using it.”
Patti DeVault
Buyer, Dover Chemical Corporation
Analysts agree, PPO is the next evolution in Spend Management
Learn more at our Resource Center.
“Quick Answer: How to Prepare for AI in Procurement”
“How Predictive Procurement Orchestration is Revolutionizing Sourcing for Manufacturers as the Foundation for AI Transformation”
“Predictive Procurement Orchestration: Four Ways PPO Can Transform the Industry”
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IN THE NEWS
BLOG
AI Expert Noelle Russell Highlights Industry Transformation at MEMA Luncheon
Arkestro was recently a proud sponsor of the MEMA OE Women In Industry Luncheon, where AI expert Noelle Russell, delivered an insightful keynote address on artificial intelligence's transformative impact across industries. Introduced to the podium by Arkestro SVP of...
AI Expert Noelle Russell Highlights Industry Transformation at MEMA Luncheon
Arkestro was recently a proud sponsor of the MEMA OE Women In Industry Luncheon, where AI expert Noelle Russell, delivered an insightful keynote address on artificial intelligence's transformative impact across industries. Introduced to the podium by Arkestro SVP of...
WEBINAR
Bloomberg Television: Mitigating the Effects of “Black Swan” Disruptions
An interview with Arkestro CEO, Neil Lustig, and Bloomberg Television.Summary: In this video, Arkestro CEO Neil Lustig, discusses how automation technology is aiding current supply chain issues. He explains how Arkestro's AI-powered predictive procurement platform...
Bloomberg Television: Mitigating the Effects of “Black Swan” Disruptions
An interview with Arkestro CEO, Neil Lustig, and Bloomberg Television.Summary: In this video, Arkestro CEO Neil Lustig, discusses how automation technology is aiding current supply chain issues. He explains how Arkestro's AI-powered predictive procurement platform...
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