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AOP BlogExpense Management

The Race to Cost Savings: Why Part Level Insights Are the Only Insights That Matter

By March 15, 2023April 10th, 2024No Comments

In March 2023, Art of Procurement partnered with LevaData to create a 2-hour event that provided direct material professionals with strategies and tactics to help manage spend in chaotic times.

This transformational approach empowers procurement to navigate the decision abyss—the chasm that separates sourcing, supply chain, finance, and product teams. Data-driven insights will ensure they are ready to face every challenge, cost, risk, or supply continuity.

In this final session, Brian York (Head of Product Development, LevaData) spoke with Philip Ideson about why having decision intelligence at the manufacturer part level is so critical, why traditional benchmarks don’t work, and why he feels that part-level intelligence provides companies with a significant competitive edge.

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