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How AI-Powered Platforms Are Transforming Procurement and Managing Complex Supplier Ecosystems

Supplier intelligence, not cost cutting, is where supply chains will evolve first.

Ilya Levtov, founder and CEO of CraftCo, is one of the few people building a supplier intelligence platform from first principles — designed for enterprises and public-sector organizations managing complex, global supplier networks.

CraftCo isn’t trying to be “another procurement tool.”
They’re asking a more fundamental question:

What if the real challenge isn’t suppliers — but fragmented data about them?

That question has led CraftCo to build a platform that unifies supplier information across hundreds of data sources and applies AI to continuously organize, analyze, and surface insights for large organizations.

🎧 Listen to the full conversation on YouTube, Apple & Spotify


CraftCo, by the numbers (and why they matter)

A few facts that explain why CraftCo is increasingly part of enterprise procurement and supply chain conversations:

2,000+ data signals per company
→ enables a more complete view of suppliers

Hundreds of data points unified into a single supplier record
→ reduces fragmentation across teams and systems

AI-generated reports produced in seconds, not hours
→ improves efficiency for procurement and risk workflows

At the company level:

Trusted by Fortune 500 companies and public-sector organizations

Used across procurement, finance, security, and operations teams

Built to support large-scale supplier ecosystems with continuous updates

This isn’t a point solution.
It’s an attempt to modernize how organizations understand their supplier networks.


Why this episode matters now

Supply chains have grown more complex, distributed, and data-intensive.

That matters because:

  • Organizations manage thousands of suppliers across regions and systems

  • Supplier information is often siloed across procurement, finance, and technology teams

  • Manual processes don’t scale with modern enterprise complexity

  • AI and data platforms are becoming essential for coordination and visibility

Understanding CraftCo offers a window into how enterprises are adapting their supply chain and procurement operations for scale and long-term planning.


What makes CraftCo different

Instead of focusing on individual workflows, CraftCo:

  • Builds a unified “golden record” for each supplier

  • Integrates first-party, third-party, and partner data

  • Applies AI to monitoring, reporting, and analysis continuously

Their insight is simple — and practical: As supplier networks scale, organizing and interpreting data becomes more important than collecting it.


What we cover in the episode

In this conversation, we go deep into:

  • Why supplier data becomes fragmented at enterprise scale

  • How AI supports supplier intelligence and analytics

  • What it takes to build enterprise software for complex organizations

  • How procurement and operations teams collaborate using shared data


Who should listen?

This episode is especially relevant if you’re:

  • Building enterprise or AI-driven software

  • Working in procurement or supply chain operations

  • Interested in data platforms for large organizations

🎧 Listen to the full conversation on YouTube, Apple & Spotify

Thanks for reading and listening,
Nataraj

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