Arkestro Announces 'Arkestro Labs,' Powerful New Procurement AI Offerings at Optimal '25
New capabilities deliver actionable, forward-looking recommendations to help procurement teams save money, reduce risk, and assume a proactive posture.
"Arkestro Intelligence builds on our existing patented technology to act as a force multiplier for procurement teams' expertise. What we're launching today with Opportunities goes beyond what we've offered to date — and well beyond competitor offerings — in that it doesn't just make intelligent recommendations, it's also capable of executing on them," said
Arkestro Intelligence includes models designed for price recommendations, supplier suggestions, predicting upcoming purchases, and tying goods to a commodity index to predict price movements. Opportunities, specifically, analyzes a customer's purchasing, spend, and quoting history against external data sources, like the Federal Reserve Economic Data (FRED) for commodities, to identify savings opportunities. The system then recommends specific, line-item-level actions, such as bundling similar items into a single sourcing event to optimize the supplier base. All recommendations are time-bound, pinpointing specific timeframes in which to act.
These models are built to give customers timely, actionable recommendations based on real data. This frees procurement professionals from tactical data-gathering so they can focus on high-impact initiatives. It provides teams with a "closed-loop" system where predictive recommendations can be immediately executed on the same platform, ensuring no value is lost between analysis and action. Customers across markets are utilizing Arkestro Opportunities in a limited beta today, including Koch Engineered Solutions (KES), a subsidiary of KOCH Industries, and Trinity Industries,
"The procurement team at Trinity is continually being challenged to deliver value to the organization, often beyond cost savings. We usually know where the dollars are, but a barrier to delivery can be time. We just don't have enough to address every opportunity," said
This announcement came on day one of Arkestro's annual Optimal '25 Houston conference. The premier AI event for procurement professionals, Optimal includes keynotes, workshops, and case studies highlighting how AI and predictive technologies are transforming procurement across verticals. Supply chain and procurement leaders from market-leading companies — including Trinity Industries, KES, Chevron, Nissan, JLL, and more — gathered in
About Arkestro
Arkestro is the leading predictive procurement platform, accelerating enterprise spend transformation and supply chain agility. By combining AI and game theory with Arkestro's patented three science technologies—Negotiation Science, Supplier Science, and Process Science—Arkestro shifts traditional procurement to become a proactive, results-driven function. Trusted by Fortune 500 companies across industries, Arkestro unlocks trapped savings, optimizes negotiations, and enhances supplier collaboration. Learn more about Arkestro at www.arkestro.com.
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SOURCE Arkestro
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