direct-materials
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The Chemical Has a Name. The Buyer Needs a Match.
A drum of chemicals can carry the right name and still be the wrong ingredient. Valdera built its sourcing platform around the awkward details that decide whether a supplier can actually deliver.
LightSource and the $30 Billion Spreadsheet
At Tesla, Spencer Penn watched car parts move through spreadsheets and email. LightSource is his attempt to give the people buying those parts a record that survives the next design change.
Keith Hartley Wants Procurement to Stop Staring at the Rearview Mirror
Raised around factories and trained as an engineer, LevaData CEO Keith Hartley has spent his career closing the gap between the data manufacturers possess and the decisions their sourcing teams can actually make.
LevaData
LevaData is an enterprise SaaS company that builds an AI-powered supply management platform for direct-materials procurement. Founded in 2015 and headquartered in Pleasanton, California, its Cognitive Supply Management platform blends a company's bill of materials and sourcing objectives with real-time market data covering over a billion parts and tens of thousands of suppliers to recommend cost savings, flag risks, and speed up new product introduction. It counts manufacturers and OEMs among its customers and raised a $47M Series C in 2021 led by Banneker Partners.