Kavida
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
£300k | Seed | ||
N/A | $500k | Seed | |
* | £900k | Seed | |
Total Funding | $2.1m |
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Recent News about Kavida
EditKavida.ai is a technology startup that provides a comprehensive solution for procurement and supply chain management. The company's primary offering is a platform that streamlines supplier order management, providing procurement managers with a single, unified view of each order as it progresses through its production milestones. This level of visibility allows managers to track orders in real time, from the source port to the destination port, and even includes features such as domestic courier parcel tracking and airfreight.
Kavida.ai's platform is designed to save procurement managers significant time and improve delivery efficiency. By automating supplier follow-ups and providing dedicated supplier portals, the platform can save managers up to 30% of their time. Additionally, it can improve On-Time-In-Full (OTIF) delivery by over 18%, ensuring that orders arrive on time, every time.
The platform also includes an early alerting system that identifies potential delays throughout the fulfillment lifecycle of every order. This allows managers to react to issues before they impact the business, pinpointing affected suppliers and active orders for rapid intervention. The platform also enhances coordination among various departments, including production planning, warehousing, finance, and procurement, aligning all departments effectively.
Kavida.ai operates in the global procurement and supply chain market, serving clients of all sizes, from small businesses to leading companies. The company's business model is likely based on a subscription or usage-based fee, providing a steady stream of revenue.
Keywords: Procurement, Supply Chain Management, Order Tracking, Real-Time Logistics, Automation, Supplier Management, Early Alerting System, Department Coordination, On-Time Delivery, Technology Startup.