

They need instant visibility, agile planning capabilities, and timely risk mitigation support. Rob Bernshteyn, chairman and CEO at Coupa, said: “We are witnessing an unprecedented shift in what businesses are demanding to effectively manage their supply chains.

“These applications can run what-if scenarios and surface valuable insights before organisations make key business decisions”, it added.

Llamasoft’s AI-powered cloud platform, launched in January 2020, provides the technology to “assess alternatives and balance trade-offs to achieve desired business results” during periods of demand uncertainty and supply volatility.Ĭoupa said the platform was currently used by brands such as Boeing, Danone SA, and Nestlé, and it enables organisations to “leverage an end-to-end decision data model and employ a library of proven supply chain algorithms”. The deal comes at a time when economic, political and trade landscapes are constantly changing and Coupa said the deal would bring stronger capabilities around “instant visibility, agile planning capabilities, and timely risk mitigation support”. Coupa Software has bought supply chain planning company Llamasoft for around $1.5bn.
