LevaData and Resilinc Are Leading the Way for the Digitalization of Supply Chain Risk
Summary
SAN JOSE, Calif. & MILPITAS, Calif.--(BUSINESS WIRE)--Today we are excited to announce the global partnership agreement between Resilinc Corporation, the leading provider of supply chain risk monitoring and mitigation solutions, and LevaData, the company that delivers applied AI to transform strategic sourcing and procurement, as they help organizations adopt innovative cognitive sourcing to drive competitive advantage and incremental savings opportunities. Kevin Purser, VP of Global Supply Chain Sourcing and Procurement at Fitbit, shared his reaction to news of the agreement: “The partnership between Resilinc and LevaData will enable customers to deploy next-generation risk monitoring, detection and response. The combined solution will enable real-time event monitoring at multiple tiers in the supply chain, understand the potential impact on current and future direct materials spend, and accelerate response times to mitigate or resolve.” “EventWatch AI has evolved from a ‘nice to have’ to a core driver of sourcing and risk intelligence with its native capability to identify with AI all types of disruptive events, from typhoons in Asia to factory fires in South America. Over 100 of the worlds leading brands rely on Resilincs AI-powered global disruption monitoring service to keep track of millions of parts as they make their way around the globe, touching hundreds of thousands of nodes. Companies use Resilincs cognitive sourcing and risk protection learning systems to realize millions of dollars in savings on expediting raw materials or freight and lowering inventory levels while keeping their supply chain operating with greater agility and resiliency.
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