Case Study: Leading Additives Manufacturer achieves sourcing excellence with Arkestro

Leading Additives Manufacturer - Customer Case Study

Leading Additives Manufacturer, a chemical manufacturer operating in a low-margin sourcing environment, wanted to modernize procurement and reduce the manual effort involved in cost-savings activities. After previously running sourcing events through ERP-driven Excel spreadsheets and manual follow-ups, the company turned to Arkestro to help streamline procurement workflows and better support its sourcing team as a strategic asset.

Arkestro deployed its cloud-based predictive procurement platform for an annual valve hardware contract, using AI-generated recommended pricing, automated supplier notifications, and pre-bid supplier surveys to simplify the process and create apples-to-apples comparisons. With Arkestro, the client cut a sourcing cycle that previously took multiple weeks into a four-day planned bidding process and achieved 21% savings over incumbent spend, while also freeing the procurement team to pursue more strategic projects.