Manufacturing Magazine December 2022 | Page 32

WESTFALL TECHNIK & ARKESTRO
EDMUND ZAGORIN TITLE : FOUNDER AND CEO COMPANY : ARKESTRO INDUSTRY : PROCUREMENT LOCATION : SAN FRANCISCO , US
Edmund Zagorin is a procurement thought leader obsessed with the power of recommendations to fix broken processes and supply chains . Prior to founding Arkestro , Edmund worked as a consultant focused on datadriven supplier negotiations for large healthcare providers , contract manufacturers and multi-campus retail brands .
Edmund is widely recognised as an expert on the emerging role of machine learning and artificial intelligence in procurement and has presented executive briefings on this topic to leadership teams .

EXECUTIVE BIO pre-populating validated data about the supplier , the pricing and commercial terms of a transaction . It accomplishes this using an AI model that simulates a procurement cycle before it happens and then sends recommendations on quotes to the suppliers . Arkestro also routes more purchases to preferred suppliers ( including suppliers that align more with ESG and risk objectives ) and the price recommendation functionality saves significant time and resources .

Environmental , social and governance ( ESG ) criteria are vitally important , so Westfall Technik also leverages the Arkestro platform