What’s more, they also observed that the pairing of Coupa’s $2 trillion in business spend and supplier data performance meshed with LLamasoft’s AI-powered supply chain analytics platform represents what it called a “powerful combination” that will “allow to gain greater visibility into and control over direct spend,” adding that “the two companies can shorten the lead time between supply chain decision and execution by having all the data into one system.” And they also noted that LLamasoft will help Coupa achieve that value, given the heightened need for supply chain volatility and changing market conditions, which it said necessitates the need for shippers to make smarter and faster supply chain decisions. San Mateo, Calif.-based business spend management (BSM) services provider Coupa announced this week it has acquired Ann Arbor-based AI (artificial intelligence)-powered supply chain design and planning services provider LLammasoft, for roughly $1.5 billion.Ĭoupa officials said that this deal will augment its supply chain capabilities and also enable its shipper customers to drive greater value through BPM processes.
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