Levadata
LevaData offers an AI-powered Direct Material Sourcing platform that enhances supply chain efficiency by increasing spend visibility, reducing costs, and mitigating risks.
LevaData Direct Material Sourcing Platform
LevaData offers a Direct Material Sourcing platform driven by advanced artificial intelligence (AI) technology. This platform empowers supply chain teams to enhance spend visibility, reduce procurement costs, and mitigate various risks. By leveraging sophisticated AI-driven insights, the platform optimizes the sourcing process through features such as real-time cost savings, spend visibility, and immediate alternate part identification. This ensures seamless communication with suppliers, ultimately enhancing operational efficiency.
Supply Chain and Spend Intelligence
LevaData provides granular spend intelligence and benchmarks at the part level, which helps procurement teams maximize cost savings. The platform offers comprehensive visibility into spend metrics, allowing users to pinpoint strategic sourcing opportunities quickly. Using proprietary part risk intelligence, the platform identifies risks at the part, manufacturer, and geographical levels, enabling teams to navigate supply chain disruptions effectively. Additionally, LevaData's platform provides detailed information on form fit function alternatives and supplier discovery to support smarter procurement decisions.
Real-Time Cost and Risk Mitigation
LevaData's platform delivers real-time cost mitigation measures by utilizing sophisticated AI and machine learning algorithms that process extensive data from company, market, and community sources. By benchmarking prices from over 117 data sources, the platform identifies cost-saving opportunities and tracks how changing prices affect spend. This interactive workspace enables sourcing teams to uncover savings opportunities and compare pricing against LevaData's benchmarks to drive cost savings and improve Bill of Materials (BOM) costs.
Global Operations and Office Locations
LevaData operates with global headquarters in Pleasanton, California, USA, and an office in Hyderabad, Telangana, India. These locations support the company's mission to provide AI-powered direct material sourcing solutions while engaging and collaborating with suppliers worldwide. The strategic placement of these offices enhances LevaData's capacity to deliver real-time spend intelligence and cost-saving opportunities to its diverse client base.