LevaData, Inc.

LevaData is an artificial intelligence company that powers the smartest supply chains in the world. Their Cognitive Supply Management platform analyzes procurement objectives alongside real-time market activity to generate predictions and customized recommendations. The AI-powered system is on a constant search for opportunities to reduce costs and mitigate risk, with built-in tools for quick collaboration and decisive action. Customers include leaders in the top global supply chain organizations, as well as medium-sized OEMs seeking to achieve best-in-class direct materials sourcing practices.

Company Info

Address

99 S Almaden Blvd, Suite 600, San jose, CA, 95113, United States

Phone

+1 (408) 899-8289

Email

info@levadata.com
SOLUTIONS & CATEGORIES
50 to Know / 50 to Watch / Future 5

In Their Own Words: LevaData, Inc.

LevaData is an artificial intelligence company that powers the smartest supply chains in the world. Their Cognitive Supply Management platform analyzes procurement objectives alongside real-time market activity to generate predictions and customized recommendations. The AI-powered system is on a constant search for opportunities to reduce costs and mitigate risk, with built-in tools for quick collaboration and decisive action. Customers include leaders in the top global supply chain organizations, as well as medium-sized OEMs seeking to achieve best-in-class direct materials sourcing practices.

LevaData is built on a cognitive platform is the basis for a system that provides signal monitoring, decision analytics, intelligent actions, and an executive center across all our products. LevaData’s analysis covers a wide range of data sources, with the most actionable insights generated by our unique community of buyers and sellers. The system applies AI-driven algorithms to marketplace activity totaling $100 billion (and counting), to discern inflection points in demand, lead time and other parameters. Incorporating your spend data and sourcing goals results in a comprehensive view of the threats and opportunities facing your portfolio.

With increased competition and an increasingly volatile market, it’s getting harder to squeeze additional savings from your direct material spend. That’s why LevaData Cost Optimizer™ is on a constant search for savings opportunities, applying AI and predictive tools to marketplace activity and intelligence sources. Most importantly, it provides the visibility and agility sourcing pros need to focus on high-impact work.

LevaData’s New Product Accelerator™ applies AI to marketplace and supplier intelligence, allowing you to select the most profitable and reliable supply of materials for new products. Digitizing your sourcing process and driving collaboration across departments drives margin growth and competitive advantages at every stage of the product lifecycle. New Product Accelerator gives your new product and engineering teams the information and collaboration needed to reduce costs and risk, allowing them to launch new products faster and more profitably.

LevaData Supply Risk Navigator™ provide everything you need to assess, plan, and act. Supply Risk Navigator goes beyond risk detection to assess the impact on your portfolio, provide recommendations and engage suppliers to execute your plan. Speed is always essential to growth. During a crisis however, it’s a requirement for survival. Spending days to look up part numbers and call suppliers won’t cut it, so LevaData applies AI to our network of parts and suppliers to improve your uploaded data, identifying errors and filling in gaps. From here, you’ll immediately have a comprehensive view of your situation so you can plan next steps in hours – not days. It’s not enough to identify the risks you’re facing. LevaData drives agility with tools to optimize your plan and orchestrate a response. Build a scenario with suppliers and contract manufacturers that aren’t shut down by the coronavirus, collect their responses and award jobs – all within the platform. Your dashboards and recommendations will automatically update as the situation evolves, so you can handle tomorrow’s emergency, too.

LevaData Smart RFX™ has all of the tools needed to put your plan into action. Manage the entire Quote – Bid – Award process within the platform to track responses, identify next steps and optimize your supplier mix.

LevaData | Cognitive Supply Management

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