Agentic AI Procurement Solution
Arkestro has launched two new offerings: Pricing Updates and Model Context Protocol (MCP) connectivity. The new offerings expand Arkestro’s core predictive procurement platform and extend its capabilities into the agentic AI environments enterprises are building.
With Pricing Updates, procurement teams can use Arkestro to schedule recurring price reviews that prompt suppliers to confirm prices or submit changes. Arkestro evaluates each proposed change within the context of the original negotiation and can suggest counter offers or tailored feedback before new pricing takes effect. Pricing Updates also accounts for factors that affect total landed cost, including local currencies, freight, tooling and commodity-index pricing.
This unlocks a new continuous procurement capability, giving teams a consistent view of supplier offers over time and expanding their ability to protect negotiated value after the initial bid and identify additional savings opportunities as supplier prices change.
With newly launched MCP connectivity, procurement teams can bring Arkestro's predictive procurement capabilities into their existing AI workflows. Enterprises control what information an AI agent can access and what actions it can take, keeping humans at the center of procurement decisions. From there, agents can utilize intelligence provided by Arkestro to monitor sourcing activity, summarize what needs attention, draft supplier communications, and prepare new competitive bids.
