Lexi | Predictive COGS

Welcome!

Message from the Founder

I started this company almost 10 years ago to tackle daunting challenges I’d faced in OEM and EMS companies: mountains of supply chain data filled with errors and omissions – and sheer volume. And the lack of useful tools to analyze and extract intelligent business decisions from that data haystack.

Now we have a cloud-based machine-learning platform that transforms this problem into clear, actionable supply chain insights that delight our CPO, CFO, Procurement Director and VP R&D customers alike.

We continue to build out the system every day to match all needs OEMs have when they outsource electronics to EMS and other suppliers. Welcome a new world where we put your data to work for you to meet your targets – and beyond!

Peter Röing

Founder & CTO

Cost Reduction

Up to 25% in Year 1, then structured savings up to 10% Year 2 onwards

Risk Management

Gain visibility and transparency of all your supply chain risks

Automation

Automate all processes related to component data, costing, RFQ,…

Hidden Value

Uncover hidden savings potential buried in your supply chain data

COST REDUCTION

MAKE IT HAPPEN

Risk Management

SEE AND ACT

AUTOMATION

ELIMINATE EXCEL

Unlock Hidden Value

WITH AI

Our Blog

All News

News

Lexi Raises SEK 3.3M in Oversubscribed Funding Round

Company expanding operations due to increased OEM adoption rateof Lexi’s AI-driven SaaS solution for data-driven procurement Stockholm, 20th November 2020 – Supply chain data analytics software leader Lexi Solution AB today announced it has completed a SEK 3.3 million financing round. The round was heavily oversubscribed, with strong participation from existing Lexi shareholders as well […]

News

Lexi launches E*BOM, a design-to-cost intelligence tool

Lexi Solution AB announces major extension to the Lexi Cloud System Stockholm, 12th November 2020 – Lexi announced today the release of E*BOM, a new engineering-focused extension to its SaaS platform for data-driven sourcing and procurement for electronics OEMs. E*BOM is a powerful cloud-based application for new product design and NPI teams to quickly and […]

News

Großauftrag für Lexi Solution AB

ABB Robotics optimiert Beschaffungs- und Engineeringprozesse mit Lexis Procurement Analytics-Lösung Stockholm, 23. Juni 2020 ABB Robotics, ein weltweit führender Hersteller von Industrierobotern und Robotersystemen, nutzt eine von Lexi Solution AB in Schweden entwickelte Softwarelösung zur Datenanalyse, um Beschaffungs- und Engineering-Prozesse zu optimieren. Lexi Solution versetzt ABB in die Lage, Supply-Chain-Management-Prozesse zur Lieferantenüberwachung sowie zur gezielten […]

Data Harmonization

Aggregate your data across the supply chain. As part of the data processing, all information is harmonized from varying file formats, naming conventions, and column to transform it into one cohesive data set. Each data collection point typically provides data in a new format, language and structure. Lexi will care for that the data is one format and synchronized across all data points.
Once data is harmonized and cleaned, data can easily be aggregated to provide one view where everyone uses the same data.

Cost Estimation

Lexi’s Cloud Platform works equally well with new products coming out of R&D as it does for mature, running products. Our data analytics can provide should-cost estimates accurate to +/- 5% for new products while they’re still on the drawing board.

RFQ Management

Lexi enables automation of the preparation of complex RFQ packages to send to your EMS suppliers or other subcontractors. Export standard BOM and quotation formats (in your format), then re-import suppliers’ quotes for automated comparison and analysis. An end-to-end decision support system.

Spend Analytics

This is the heart of what we do, and it all starts with your data – cleaning it, classifying, consolidating, harmonizing,…Then analyzing it with big data analytics tools and automation through machine learning. Uncover hidden costs, excessive or incorrect or inconsistent pricing, then get focused, actionable targets.

Monitoring

Lexi gives you the tools to be able to monitor your EMS and other suppliers at a micro level, drilling down into component costs, contract pricing compliance, PPV, cost/price history, value-add-margin (VAM) analysis, productivity development, and much more.

Cost Breakdowns

Slice and dice your data into views that make sense for you. Lexi lets you set the filters and formats, making cost analysis quick and clear whether at component level, commodity code, supplier, manufacturer or vendor level. Smart, intuitive, visual.

Risk Management

The classic problem of not being able to “see the forest for the trees” – or vice versa – has meant that many risks have just not be feasible to identify and mitigate. Lexi’s Cloud Platform brings visibility and transparency to the mountains of data. Your suppliers’ compliance with environmental and regulatory requirements, predictive analytics for component EOL, CSR compliance monitoring, and more.

Business Intelligence

Lexi’s big data analytics take your raw and messy data and transform it into a source of valuable business intelligence. Our “data discovery” process yields insights that unlock savings that otherwise lie hidden and untapped. Buried in the spend tail, previously not thought to be worth the effort to extract. Lexi can show you the way.

Johan Nodlycke

COST ESTIMATION MANAGER

Husqvarna AB

"Lexi's E*BOM new product cost estimation system is an important tool in my job but foremost our design engineers get feedback on component choice from BOM-health and also cost point of view long before project decisions are made or quotes are taken in. A powerful tool with a supporting team ready to assist almost 24/7."

Quentin Caillault

GLOBAL HEAD SUPPLY CHAIN OEM AUTOMOTIVE

ABB Robotics

“By their very nature, global electronic supply chains such as ABB’s are extremely complex and require advanced digital tools to gain transparency and control. To master this complexity, we needed first and foremost a tool that could ensure that we’re working with data that is clean, accurate and constantly updated. Lexi’s platform is an integral part of the digital procurement suite embedded in the ABB Robotics supply chain management ecosystem, bringing data quality and powerful market analytics to optimise our product cost and risk management.”