Arkestro Color Logo
Arkestro Color Logo
Arkestro Color Logo
Arkestro Color Logo
Procurement technology leaders: Prepare your organization for successful adoption of AI-powered software, like Arkestro. Read the Quick Answer report from Gartner®.
Webinars  /  Introduction to Arkestro’s Predictive Procurement Orchestration
Book and magnify glass

Introduction to Arkestro’s Predictive Procurement Orchestration

Derek Mellott

Derek Mellott

Arkestro Solution Consultant

Summary:

In these overview videos, you’ll learn about the innovative features of Arkestro’s Predictive Procurement Orchestration platform. Using a unique blend of behavioral science, game theory, data science, and automation, Arkestro redefines procurement management, tackling challenges such as time constraints, scale, and supplier negotiation. Learn how you can optimize the sourcing process, from generating supplier and price recommendations to facilitating competitive bidding, providing dynamic feedback, and the final awarding process.

3 Key Takeaways:

  • How behavioral science and game theory in procurement can manage challenges of time and scale
  • The generation of a suggested price per unit for each line item through machine learning, allowing for better negotiations with suppliers
  • Ways predictions and suggestions can lead to dramatic cost savings and more efficient procurement processes

Interested in getting started?

Please reach out to our team of experts below to learn more.