Lio agents run your sourcing projects from the first signal to the signed contract. Your category managers decide the route. The agents do the work.
Why sourcing projects take months
Requirements arrive in pieces
Specifications are collected in meetings, emails and spreadsheets. The RfX waits until the last stakeholder has answered.
The same few suppliers
Finding and qualifying new suppliers takes weeks, so most events go to the bidders the team already knows.
Buyers coordinate instead of deciding
Outreach, reminders, bid clean-up and redlines fill the calendar. Little time is left for the negotiation itself.
Requirement collection
The agent interviews your stakeholders by email and chat, aligns conflicting answers, drafts the specification and builds the RfX documents
The agent interviews your stakeholders by email and chat, aligns conflicting answers, drafts the specification and builds the RfX documents. The business is asked once. Procurement gets a tender that is ready to send.
Should-cost modelling
Upload the technical drawing and your cost data.
Upload the technical drawing and your cost data. The agent breaks the part into material, process and overhead, checks them against current price indices, and shows what it should cost, not only what you paid last time.
Supplier sourcing and tendering
The agent searches your supplier base and the wider market, ranks suppliers on capability, and runs RfI, RfQ and RfP rounds, tenders or auctions
The agent searches your supplier base and the wider market, ranks suppliers on capability, and runs RfI, RfQ and RfP rounds, tenders or auctions. Supplier Q&A and reminders are handled; every offer lands in one comparable view.
Strategic negotiation
The agent researches the supplier's profile, financials and the price-increase letter it just sent.
The agent researches the supplier's profile, financials and the price-increase letter it just sent. It sets your targets and walk-away points, writes the counterarguments, lets your buyer rehearse, and hands over a one-page brief for the CPO.
Contract creation
Negotiated positions become a contract draft.
Negotiated positions become a contract draft. The agent checks it against your clause library, flags every deviation, manages supplier redlines and hands the signed agreement to P2P, so every order runs on contract.
Start with one category. Scale from there.
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Stop experimenting with AI and start working with it.
Lio creates Value on day one.
Product
Certified
Headquarter
Lio Technologies
524 Broadway
New York,
NY 10012
USA