Gear Up for Success: Predictive Procurement Fine-Tunes Efficiency in the Manufacturing Industry
Arkestro is your secret weapon in the manufacturing industry. We help you save money and time, across all areas of addressable spend. Predictive Procurement offers real-time recommendations and can even act on your behalf to ultimately save you time, reduce business risk, and decrease costs so you can find the right supplier at the right price, right now.
%
savings in first event with incumbent supplier
saved on commodity resins bid
“With Arkestro, we easily accessed and enriched internal historical data with predictive models and then augmented these simulations using external real-time market data. Its artificial intelligence and machine learning capabilities allow the platform to learn from the new data and resulting analytics, ensuring the most current and precise information.”
— VP, Chief Supply Chain Executive at a Global Plastics Manufacturer
Just the facts
Arkestro can help manufacturing companies to:
- Receive competitive prices and quality materials
- Integrate into their existing systems
- Analyze transactional data to gain visibility
Over a third (35%) of procurement leaders in the utilities industry named risk management as one of their top challenges.
— Arkestro UX Survey Data
Other manufacturing resources
Koch Engineered Solutions Achieves Procurement and Supply Chain Success with Arkestro
Dover Chemical Corporation Uses Arkestro to Consume Internal Data to Drive Procurement Savings and Improve Processes
Plastics Manufacturer Tackles the Ultra Competitive Procurement Marketplace with Arkestro's Predictive Models
Arkestro Overview
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Ready to see how real-time recommendations can amplify your procurement team’s impact?
Let’s talk.