Podcasts Technology UpTech Report Data for Dollars | Rajesh Kalidindi from LevaData

Data for Dollars | Rajesh Kalidindi from LevaData

Published: March 18, 2021, 11 a.m.

Despite their best efforts, large companies managing global supply chains inevitably leave money on the table. Working with one such enterprise, Rajesh Kalidindi came to understand this problem well. \u201cProcurement teams, which manage trillions of dollars out there, are managing massive spend complexity\u2014lots of suppliers, lots of parts to keep on top of.   

\n

The market volatility does not make it any easier.\u201d Remarkably, many of these teams are still using Excel and other rudimentary tools to manage this massive spend. It seemed a good opportunity to develop something better.   

\n

So Rajesh founded LevaData, a company that uses artificial intelligence to analyze procurement objectives alongside real-time market activity to generate predictions and customized recommendations.   

\n

On this edition of UpTech Report, Rajesh discusses his experience working with these supply chains, how he identified the problem, and the way he\u2019s used AI to form a solution.