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About Keelvar

Keelvar is an AI-native eSourcing platform designed to revolutionize procurement processes by leveraging artificial intelligence for automation and optimization. It enables procurement teams to make faster, more impactful decisions and achieve better outcomes with less effort. The platform is built AI-first, utilizing intelligent sourcing agents that automate routine work, identify hidden opportunities, and streamline complex sourcing events. Keelvar is ideal for procurement teams in various industries, including Automotive, Food & Beverage, Hi-Tech, Manufacturing, Pharmaceutical, and Retail, looking to achieve significant cost savings, increase supplier engagement, and improve efficiency. It supports a wide range of spend categories such as Direct Materials, Indirect Materials, MRO, Packaging, Services, and Transport & Logistics. The platform's core components, Kai (AI Orchestrator), Autonomous Sourcing, Sourcing Optimizer, and Rate Manager, work together to provide a comprehensive solution for managing and executing sourcing events from initiation to award. Key benefits include an average of 6% cost savings, a 20% increase in supplier engagement, a 60% increase in efficiency, and a 70% decrease in manual workload. Keelvar aims to transform procurement from a reactive to a proactive function, allowing buyers to focus on strategic work by automating tactical and tail spend.