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akirolabs Augmented Strategic Procurement

What is akirolabs?

akirolabs is a SaaS platform that revolutionizes strategic procurement. It empowers procurement teams to go beyond traditional category management by fostering collaboration, integrating AI-powered market intelligence, and promoting sustainable practices.

The platform provides a comprehensive, industry-proven framework for analyzing, strategizing, and realizing procurement goals. akirolabs facilitates proactive stakeholder engagement, offers in-depth business environment analysis, and helps identify and track key value levers, ensuring alignment with overall business objectives.

Features

  • Stakeholder Collaboration: Proactive engagement through a collaborative workflow and survey tool.
  • Market Intelligence: AI-driven web crawling and data integration for precise strategy analysis, including akiroGPT for personalized guidance.
  • Business Environment Analysis: Strategic toolkit for comprehensive category analysis, including macro-economic perspectives and industry dynamics.
  • Spend Management: Provides visibility into contracts, budget planning, cost drivers, and spend data.
  • Strategic Options: Visualizes and compares strategic choices, highlighting trade-offs.
  • Value Levers: Identifies and defines impactful value levers, offering over 100 procurement lever options.
  • Supplier Relationship: Analyzes supplier-customer dependencies and business impacts.
  • Risk Management: Continuous risk assessment across the supply chain.
  • Procurement With Purpose: Assesses and tracks sustainability performance using an ESG framework.
  • Value Tracking: Transforms strategies into actionable initiatives and tracks progress.
  • Business Reporting: Generates high-level and comprehensive strategy overviews.
  • Auditing & Versioning: Facilitates creation and tracking of approvals for transparency.

Use Cases

  • Developing and executing category strategies.
  • Enhancing collaboration among procurement stakeholders.
  • Gaining insights from market intelligence and data analysis.
  • Improving spend management and cost reduction.
  • Identifying and leveraging key value drivers in procurement.
  • Managing supplier relationships and mitigating risks.
  • Integrating sustainability goals into procurement strategies.
  • Tracking the progress and value of procurement initiatives.

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