Advanced Procurement Intelligence in the F&B Sector
Discover how CommodityXO and SupplierXO enabled AI-powered Commodity Forecasting and Supplier Intelligence to optimize sourcing performance across global operations.
The Challenge
A leading global Food & Beverage company sought better visibility across 80+ essential commodities, including metals, paper, and packaging materials. The business needed Commodity Forecasting, supplier validation, and real-time market intelligence to strengthen Strategic Sourcing and improve procurement decisions across global operations.
The Solution
Powered by CommodityXO, SpendXO, and SupplierXO, STATXO's AI & Decision Intelligence platform combined Commodity Forecasting, Supplier Intelligence, and Category Intelligence to strengthen procurement decisions.
Enabled up to €500K in procurement savings through improved supplier performance, stronger category visibility, AI-driven market intelligence, and more effective Strategic Sourcing decisions across critical commodity categories.
STATXO's support in providing regular category & commodity insights via tailored dashboards helped our sourcing team in data driven strategy building for multiple categories and effective negotiations with suppliers. Also, the insights are not limited to a small section of the business, but globally accessed by respective sourcing managers.
— VP Procurement, EMEAGet the Full Case Study
Download the full case study to explore the strategy, implementation, and business outcomes behind this transformation.