COVALYZE helps professionals in their negotiations. It combines technical and commercial category data and uses artificial intelligence AI to provide new insights for your negotiation. This presentation is our product presentation including screenshots
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Agenda
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WHAT IS COVALYZE?
The problem we solve
WHAT MAKES US
UNIQUE?
Software, use cases & training
HOW YOU CAN SET
UP COVALYZE?
Categories & data onboarding
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We optimize material and service categories by connecting business
specifications with existing and new supplier data
>15.492
Analyzed business
specifications from 2D/3D CAD
files and other formats
6,3%
Average saving potential
86
Analyzed categories from
material & services
€ 762 mio
Analyzed spend on COVALYZE
⌀
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Why are negotiations so challenging and time-consuming?
Limited
involvement in
business
specifications?
Involve cost
engineers
Missing target
costs and
savings in
categories?
Involve
negotiation
task forces
Business functions Category management Supply base
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puts category managers in the driver seat for successful
team collaboration
Cost Engineering
Negotiation task
forces
Business functions
Category
management
Supply base
ONE data platform from new design specifications to negotiations
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Is your business so slow, that you can wait weeks for price quotations
from suppliers?
Negotiations
today
Business Procurement Suppliers
Hey procure-
ment, here’s my
specification!
(often over-specified)
Wow! I see all
cost drivers and
can specify
cost-
optimized!
Please supplier,
I need a quote
for this!
(...needs weeks)
here’s the
price...
Great! I see
target prices
and have much
more insights!
We can deliver
according our
agreed target
price formula!
Process lead time
30-40 days
1h
with
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supports strategic category management
Engineering
R&D locations/factories
Procurement Business Units
Supplier Synergies
Pool-
ing
Global
leadership
Global procurement value generation
through standard software for local data
Intelligent pooling at best-price
suppliers for specific technologies
Higher savings with NEW
category insights
Global
transparency on
part designs
local
global
benefits
Cross BU
communication
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Agenda
1
2
3
WHAT IS COVALYZE?
The problem we solve
WHAT MAKES US
UNIQUE?
Software, use cases & training
HOW YOU CAN SET
UP COVALYZE?
Categories & data onboarding
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5 unique reasons why is the future of negotiating
TECHNICAL &
COMMERCIAL DATA
Break down the functional silos between
business and procurement data systems
and create ONE common category data
set
TEAM TRAININGS
Enable your teams to collaborate in ONE
data platform that supports category
managers from creating new cost-
effective specifications to monitoring
savings implementation
BETTER NEGOTIA-
TION RESULTS
Start negotiating with an unmatched
information advantage over your
suppliers and create new bidding
scenarios that lower the costs in your
material & services significantly
NEW SUPPLIER
INSIGHTS
Add new supply base data from external
data sources, that provide new insights
into financial and technical skills of
existing and new suppliers
NEW CATEGORY
INSIGHTS
Understand which features drive the
prices in your category and how you can
optimize similar parts with lower price
designs
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All business relevant
features available for any
category
1. Combine technical AND commercial data in ONE integrated data set
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TECHNICAL &
COMMERCIAL
DATA
✚ min. 80% more information
value than with traditional
spend data
✚ All relevant business
specifications fully
digitalized
✚ Easy search & filtering, e.g.
all articles with specific raw
materials
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More data of your existing
suppliers AND new supplier
search
2. Get NEW supplier data from the world’s best company data base
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NEW
SUPPLIER
INSIGHTS
✚ Extend your vendor
management data with
LinkedIn data for existing
AND new suppliers
✚ Benefit from a huge leap of
new supplier information,
e.g. company growth data
✚ Easily search for new
suppliers in every region,
category and company size
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Understand which features
drive the category prices of
existing AND new articles
3. Get NEW category insights from an in-depth feature analysis
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NEW
CATEGORY
INSIGHTS
✚ Identify which business
specifications have an
influence on your prices
✚ Predict target prices for new
articles based on relevant
specifications
✚ Optimize early specifications
towards cost-effective
designs and forecast
supplier prices before RfQ’s
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Focus your teams on high
savings opportunities and
push negotiation results
4. Increase your savings from your commodity managers
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BETTER
NEGOTIATION
RESULTS
✚ Immediate data access for
your negotiations with NEW
supplier and category
insights
✚ Effective price benchmarks
from SIMILAR PARTS, that
provides strong evidence in
any negotiation
✚ Reduce number of articles
by eliminating expensive
SIMILAR PARTS
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Benefit from new training
possibilities that enables
cross-functional teamwork
5. Train your cross-functional teams to collaborate more effectively
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ONLINE TEAM
TRAININGS
✚ Free access to effective
online-trainings to fully
utilize the potential of
COVALYZE
✚ Free onboarding workshop
for category teams for each
data update
✚ Outside-In
recommendations on
savings opportunities by
COVALYZE experts
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Agenda
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WHAT IS COVALYZE?
The problem we solve
WHAT MAKES US
UNIQUE?
Software, use cases & training
HOW YOU CAN SET
UP COVALYZE?
Categories & data onboarding
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Commodity scope - exemplary
Number of
articles
Category
complexity
high
low
low
§ Complex mechanical
constructions
§ Industry PC’s/touch
panels
§ Microcontroller
§ Wire harness/ cables
§ Professional services
– engineering & SW
§ Professional services
– administration
§ Connectors
§ Moulding & forged
parts
§ Plastic components
§ Packaging –
cardboards, foam parts
§ Fasteners
§ Recurring infrastructure
projects, e.g. roadworks
§ Stamped & bent parts
high
§ Valves
§ Tubes
§ Pumps
§ Control cabinets § Electrical drives
§ Subcontracting–
labour & material
§ PCB’s
§ Machined parts
(turned & milled
parts)
§ (IT-) consulting
Services Material
Book free demo
session now
and click here!
17. 20
The basic idea of - explain prices through features
PRICE FEATURES
Part price of a
supplier is based on
the specified
technical features
COVALYZE analyzes
supplier pricing over
all parts and
provides new
insights for
negotiations
Commodity
Manager’s
focus
adds value
with big data
analytics
€2,71
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Onboarding
session with
team (1,5h)
Implementing is simple and fast
Kickoff with
Commodity
Manager (1h)
§ Understand
technical
features
§ Prioritize
parts
Data
provision
by client1)
Model
setup
§ Technical &
commercial
commodity
data
§ Generation of
best
commodity
data model
§ Presentation &
discussion
with client
team
Release
to
global
users
§ Provision of
access to
defined users
§ evtl. provision
of more/full
data
(Negotia-
tion-)
Training
session
(2,5h)
Ongoing
savings
genera-
tion
§ How to reduce
costs with
COSTFORCE
§ First quick
wins
§ Continuous
update of new
data
§ Continuous
implement-
ation of
levers, e.g.
DtC, variance
reduction,
negotiations
ca. 4 weeks ca. 2 weeks
Client with COSTFORCE support
ca. 2-3 weeks
COSTFORCE only
Client only
1) Data provision either by client in structured data format or client data digitized by COVALYZE data integration team with OCR tools
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The team behind - who we are
Christian
(Co-Founder & CEO)
Has spent most of his
professional career in
procurement consulting.
Founded Valunoo in 2020
and developed the platform
to manage a spend of >750
mio € for customers across
different industries. Believes
that good people deserve
better tools in optimizing
negotiations
Eike
(Chief Strategist)
Has spent more than 10
years in C-Level positions in
the automotive and auto-
mation industry. Is thrilled
by the vision that an
engineer can instantly
calculate target prices, when
designing new components.
Is Valunoo’s first Investor
and Chief Strategist for
further growth
Max
(COO and Partner
Management)
Has developed an early
stage startup company in
hydrogen cell industry, has
worked in sales at a global
automotive supplier and has
experience in strategy
management consulting.
Joined Valunoo in 2021 and
is leading our platform eco-
system, integrating external
data with state-of-the-art
analytics and trainings
Jonas
(CTO and
NeuroForge CEO)
Has co-founded NeuroForge
with a clear vision for
industrial AI, BigData and
Innovation. He positions
NeuroForge as the German
partner for the use of state-
of-the-art AI-technologies for
industry companies. Joined
Valunoo in 2022 as a our
CTO to further develop the
COVALYZE eco-system