AI in Procurement: How Purchasing Reaches the Next Level

24 Sep
-
24 Sep
2026
|
10:00 am
-
6:00 pm
online
When the Costs Behind a Part Price Change: How AI Prepares You for Price Negotiations
|

On September 24, Technik+Einkauf is hosting a digital theme day on AI in procurement. In a livestream, several partners from the procurement and technology space show how AI is being used in practice today. We're part of it and share how we use AI for price negotiations in direct procurement.

Our session: When the costs behind the part price change

Raw materials, energy, freight, and exchange rates constantly shift a supplier's manufacturing costs. When costs rise, suppliers often push for higher part prices. When costs fall, they rarely pass the relief on. As a buyer, you need to check both directions: which claim is justified, and where can a price actually be renegotiated?

That's exactly where our AI comes in. We connect cost developments with orders, parts, and suppliers, and show which purchase prices no longer match cost developments. The result: concrete negotiation angles and measurable savings, with the decision staying with the human.

Andreas Ritter, our Strategic Account Director, shows what that looks like in practice:

  • How can AI cut procurement costs and improve margin, instead of just automating processes?
  • Which AI use cases in direct procurement deliver measurable value today?
  • How does AI help validate supplier claims and push for justified price reductions?
  • What does a sensible entry point into AI-supported price negotiations look like?

Learn more

Want to know more

about our procurement solution?

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Let us show you how ivoflow can support your business. We are ready to showcase our procurement management system. Together we will find the perfect solution for your company. Feel free to give us a call or e-mail us today!

 Subscribe to our Newsletter!-