Our Address

Vasagatan 7, Stockholm

Phone

+ 46 8 625 11 50

Email Address

info@lexisolution.com

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 Kostensenkung zu automatisieren und zu verbessern.

Im Rahmen seiner Arbeit unterstützt LexiSolution ABB Robotics bei der Implementierung seiner Cloud-Lösung.  Diese ermöglicht die digitale Umwandlung und Vereinfachung kritischer Geschäftsfunktionen in den Bereichen Beschaffung und Engineering des Unternehmens. Das neue System wendet modernste KI-Methoden wie z.B. Machine-Learningbei Schlüsselprozessen an. Hierzu zählen u.a. Lieferantenüberwachung, Materialausgabenmanagement, vierteljährliche Preisaktualisierungen, Kostenschätzungen für neue Produkte, Automatisierung von Anfragen, Risikomanagement in der Lieferkette und Einhaltung der Corporate SocialResponsibility (CSR).

Der neue Auftrag ist einer der größten Software-Subscriptionsaufträge, die Lexi bis heute gewinnen konnte. Grundlageist ein Vertrag mit mehrjähriger Laufzeit, der nach einem erfolgreichen Pilotprojekt im Januar 2020 geschlossen worden war.Mit dem neuen Auftrag setzt Lexi Solution seine bewährte Zusammenarbeit mit zahlreichen Geschäftsfeldern von ABB auf globaler Ebene fort.

Quentin Caillault, bei ABB Robotics weltweit für die Kontrolle von Lieferketten verantwortlich, zeigt sich von Lexi Solution überzeugt: “Globale elektronische Lieferketten wie bei ABB sind äußerst komplex und erfordern fortschrittliche digitale Werkzeuge, um Transparenz und Kontrolle zu gewährleisten. Wir brauchten daher ein Werkzeug, das sicherstellt, dass wir mit Daten arbeiten, die sauber, genau und ständig aktualisiert sind. Die Plattform von Lexi ist ein integraler Bestandteil einer digitalen Programmfolge, die in das Supply-Chain-Management-Ökosystem von ABB Robotics eingebettet ist.Sie liefert uns Datenqualität und leistungsstarke Marktanalysen zur Optimierung unseres Produktkosten- und Risikomanagements.“

Über Lexi Solution

Die LexiSolution AB wurde 2011 in Stockholm gegründet und verfügt über ein Data Operations Center in Penang, Malaysia. Das Unternehmen trägt dazu bei, die Welt durch Daten zu verändern, indem es Klarheit und Einblick in komplexe Lieferketten bringt. Seine einzigartige, Cloud-basierte Software nutzt Machine-Learning, um Original Equipment Manufacturers (OEM) authentifizierte, genaue Produktdetails zur Verfügung zu stellen.

Lexi versetzt mit prädiktiven und präskriptiven Optimierungsalgorithmen Führungskräfte in den Bereichen Fertigung, Engineering, Lieferkette und Beschaffung, in die Lage, schneller und intelligenten als bisher Produktdesign- und Beschaffungsentscheidungen zu treffen.

Weitere Informationen finden Sie unter www.lexisolution.com.

Kontakt:

Robert G. Sawyer

CEO

Vasagatan 7, SE-111 20 Stockholm, Sweden

Tel. +46 8 625 11 50

ABB Robotics rolls out Lexi’s procurement analytics solution

Lexi Solution AB announces major new successful contract

Stockholm, 23rd June 2020 – ABB Robotics, world-leading manufacturer of industrial robots and robotic systems, is using a big data analytics software solution developed by Lexi Solution AB in Sweden to optimize procurement and engineering processes.  Based on this solution, ABB is able to automate and improve supply chain management processes for supplier monitoring and targeted cost reduction.

As part of its work, Lexi helped ABB Robotics implement its MasterBOM solution as the underlying technology enabling digital transformation and simplification of critical business functions in Procurement and Engineering.  The new system currently applies AI methods such as machine learning to key processes including EMS supplier monitoring, material spend management, quarterly price updates, new product cost estimation, RFQ automation, supply chain risk management, and CSR compliance.

This new cooperation, building on work Lexi has done for ABB on a global level for many of its business areas for many years, is one of Lexi’s largest software subscription purchase orders to date.  The multi-year contract with Robotics was begun in January 2020 after a successful pilot during autumn 2019.

Quentin Caillault, ABB Robotics Control System Solution Manager, is delighted with the results delivered by the solution to date, commenting that, “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.”

About Lexi

Lexi aspires to change the world through data, bringing clarity and insight to complex supply chains.

Lexi brings transparency to supply chain management with its unique cloud-based enterprise software solution that uses machine learning to provide authenticated, accurate product details to Original Equipment Manufacturers (OEMs).  Founded in Stockholm in 2011, and with a Data Operations Center in Penang, Malaysia, Lexi delivers data-driven business intelligence insights to prioritize actions for OEMs to lower costs and improve supply chain health. With its predictive and prescriptive optimization algorithms, Lexi empowers manufacturing, engineering, supply chain and procurement leaders to make faster, smarter product design and sourcing decisions. For more information, visit www.lexisolution.com .

The Lexi Cloud System –
Unlock the Hidden Value in Your Supply Chain Data with AI

SOURCE:  Lexi Solution AB

For further information, contact Robert Sawyer, tel +46 8 625 11 50.

Related Links:  https://lexisolution.com/

Usha’s paper at BDBA conference in KL

Very excited to announce Lexi’s Data Operations Manager, Usha Balasundrum, as a speaker at the Big Data Business Analytics conference in Kuala Lumpur 17th-19th July 2019! Among distinguished speakers from SAP, Intel, BDO and many others, Usha will present Lexi’s AI-driven approach to Big Data Analytics that enables data-driven procurement for leading global electronics OEMs. https://lnkd.in/g5c6-kfhashtag #bigdata2019hashtag#bigdatahashtag#machinelearning

Related Links: https://www.linkedin.com/feed/update/urn:li:activity:6556738176965312513

Robert Sawyer tar över rodret för svenska startupen Lexi Solution

Lexi Solution, en svensk SaaS-leverantör av supply chain inriktade dataanalystjänster har utsett Robert Sawyer som ny vd för att leda företaget i sin internationella tillväxtfas.

Vissa av er kanske känner igen Robert Sawyer från hans nästan 20 år inom elektronikindustrin. Han har suttit på ledande positioner bland flera olika EMS-företag i Europa, Asien och Nordamerika. Till Lexi tar Robert med sig sin erfarenhet av elektronikproduktion, supply chain management och internationell affärsverksamhet.

Peter Röing, som grundade bolaget 2011 och även axlat rollen som vd, inledde sökandet efter en internationell ledare tillsammans med Lexis styrelse förra året med målet att ta företaget framåt i nästa fas av tillväxten. Peter kommer nu att ta sig an rollen som CTO och ”Chief Evangelist” inom Lexi och fortsätter sitt arbete med att utveckla bolaget AI-drivna, molnbaserade programvaruplattform.

– Vi är väldigt glada att välkomna Robert till Lexi och känner oss lyckligt lottade över att ha kunnat attrahera någon av hans kaliber och gedigna internationella erfarenhet. Robert och jag har arbetat mycket nära varandra för tio år sedan som kollegor i EMS-branschen. Robert har också varit engagerad många gånger under åren i flera Lexi-projekt och känner därmed våra kunder och företaget inifrån och ut och är definitivt rätt person att leda vår internationell expansion när vi skalar upp Lexi, säger Peter Röing i ett pressmeddelande.

Under sina närmare 20 år inom EMS-branschen har Robert Sawyer blivit ett bekant namn inom elektronikindustrin och styrt flera tillverkare från vd-rollen. Kanske är det hans tid hos den Thailändska EMS-koncernen SVI – som ni kanske minns köpte österrikiska Seidel Electronics vilket Robert sedermera blev vd för, eller hans tid hos danska GPV. Han har också drivit ett mjukvaruföretag i Schweiz i många år som senare såldes till MICROS.

Själv säger Robert att han är hedrad över att ha fått uppdraget av Peter och Lexis styrelse att leda bolaget i dess nästa steg.

– Lexi har etablerat sig och bevisat kraften i sin AI-lösning för sina kunder, som inkluderar några av världens största och mest kända elektronikföretag. Att skala upp Lexi till att bli global spelare är ett fantastiskt tillfälle som vilken företagsledare som helst skulle välkomna, säger Robert i pressmeddelandet.

Related Links: https://evertiq.se/news/37470

Lexi is very pleased to welcome Usha Balasundaram as Manager of our Data Operations team in Malaysia!

Usha, who holds a Master Degree in Software Engineering, brings with her deep experience and know-how in Big Data Analytics in electronics manufacturing and supply chain operations from leading MNCs including Flextronics, Agilent, Motorola, Lumileds, and most recently, Tableau.

Usha will lead Lexi’s Data Operations team in Penang and will be responsible for driving on-time execution of Lexi’s fast-growing volume of large-scale projects for our customers, which include some of the biggest and best-known global OEMs.

Usha’s passion for and skills in advanced database tools, such as applications of artificial intelligence, will help take Lexi forward in using AI to augment human ingenuity and ensure success for our customers.

https://www.linkedin.com/feed/update/urn:li:activity:6548461055314669568

Robert Sawyer to lead supply chain data analytics startup Lexi

Swedish supply chain data analytics SaaS provider, Lexi Solution AB, has appointed Robert Sawyer as CEO to lead the company into its international growth phase.

Some of you might recognise Robert Sawyer from his nearly 20 year with EMS companies in Europe, Asia and North America. To Lexi, Sawyer brings with him his experience in electronics manufacturing, supply chain management and international business as the company plans further expansion of its business globally.

“We are extremely excited to welcome Bob to Lexi and feel fortunate to have been able to attract someone of his calibre and international experience. Having worked very closely together more than 10 years ago as colleagues in the EMS business, and since then many times over the years with us on several Lexi projects, Bob knows our customers and business inside and out and is definitely the right person to lead our international expansion as we scale up Lexi,” says Peter Röing in a press release.

During his nearly 20 years in the EMS industry, Sawyer has held director, VP and CEO roles in leading tier-1 and tier-2 EMS providers based in Malaysia, Thailand, Scandinavia and Austria. He also ran an enterprise software company in Switzerland for many years that was later sold to MICROS.

“I’m honored and grateful to Peter and Lexi’s board for the opportunity to lead this exceptional organization of creative, dedicated and talented professionals,” says Sawyer. “Lexi has established itself and proven the power of its AI solution for its customers who include some of the biggest and best-known electronics companies in the world. Scaling up Lexi to be a truly global player is a terrific opportunity that any leader would welcome.”

Related Links: https://evertiq.com/news/46378

Lexi Appoints New CEO to Lead Growth Phase

Supply Chain Data Analytics Startup Lexi Names International EMS Executive Robert Sawyer as its CEO

Stockholm, 31st May 2019 – Supply chain data analytics SaaS provider Lexi Solution AB today announced it has appointed Robert Sawyer as CEO to lead the company into its international growth phase. With nearly 20 years in leadership roles in leading Electronics Manufacturing Services (EMS) companies in Europe, Asia and North America, Sawyer brings to Lexi deep experience in electronics manufacturing, supply chain management and international business as the company plans further expansion of its business globally.

Peter Röing, who has led the company as CEO since founding Lexi in 2011, initiated the search last year together with Lexi’s Board to bring in an international leader to take the company forward in the next phase of its growth. Röing is now assuming the role of CTO and “Chief Evangelist” in Lexi, continuing his work as the lead architect of the Lexi’s AI-enabled, cloud-based enterprise software platform.

Peter Röing said, “We are extremely excited to welcome Bob to Lexi and feel
fortunate to have been able to attract someone of his calibre and international experience. Having worked very closely together more than 10 years ago as colleagues in the EMS business, and since then many times over the years with us on several Lexi projects, Bob knows our customers and business inside and out and is definitely the right person to lead our international expansion as we scale up Lexi.

During his nearly 20 years in the EMS industry, Sawyer has held director, VP and CEO roles in leading tier-1 and tier-2 EMS providers based in Malaysia, Thailand, Scandinavia and Austria. He also ran an enterprise software company in Switzerland for many years that was later successfully sold to MICROS. His educational path includes a Bachelor Degree in Industrial Engineering from Stanford University and an MBA from SMU’s Cox School of Business in Dallas, Texas, as well as studies overseas in Berlin and Antwerp.

“I’m honored and grateful to Peter and Lexi’s board for the opportunity to lead this exceptional organization of creative, dedicated and talented professionals,” said Sawyer. “We produce a highly innovative, breakthrough solution that delivers phenomenal results for our customers’ supply chains. Lexi has established itself and proven the power of its AI solution for its customers who include some of the biggest and best-known electronics companies in the world. Scaling up Lexi to be a truly global player is a terrific opportunity that any leader would welcome.”

Hendrik Trepp, Lexi’s Chairman of the Board, noted “Technology today is a commodity, but an effective solution requires intimate understanding of the customer and their needs and gaps. Lexi’s Cloud System brings that cutting edge technology, and Peter Röing plus Robert Sawyer combine to make a powerhouse team to deliver this solution to the global marketplace.

About Lexi

Lexi aspires to change the world through data, bringing clarity and insight to complex supply chains. Lexi brings transparency to supply chain management with its unique cloud-based software solution that uses machine learning to provide authenticated, accurate product details to Original Equipment Manufacturers (OEMs). Founded in Stockholm in 2011, and with a Data Operations Center in Penang, Malaysia, Lexi delivers data driven business intelligence insights to prioritize actions for OEMs to lower costs and improve supply chain health. With its predictive and prescriptive optimization algorithms, Lexi empowers manufacturing, engineering, supply chain and procurement leaders to make faster, smarter product design and sourcing decisions. For more information, visit www.lexisolution.com .

The Lexi Cloud System –
Unlock the Hidden Value in Your Supply Chain Data with AI

SOURCE:  Lexi Solution AB

For further information, contact Robert Sawyer, tel +46 8 625 11 50.

Related Links:  https://lexisolution.com/

Lexi Raises SEK 3.8M in Over-Subscribed Funding Round

Recently Completed Funding Round Increases Momentum for Data-Driven Procurement Platform Using Machine Learning to Save OEMs up to Millions of Dollars in Product Costs

Stockholm, 21st May 2019 – Supply chain data analytics software startup Lexi Solution AB today announced it has raised SEK 3.8 million in additional funding for its mission to provide breakthrough AI and cloud data processing software services to meet the exploding data demands of the electronics industry.

The latest backing for the technology platform, which delivers huge cost savings, risk reduction and supply chain transparency for Lexi’s OEM customers, comes from strong participation from existing shareholders as well as from several new investors, including, for the first time, investors from outside Sweden, in Austria and Asia. Total funding to date amounts to SEK 25 million.

“Data-driven insights enabled by AI will be key to innovation in the management of global supply chains, which have become simply too huge, complex and dynamic to manage with traditional tools. In many ways, where Lexi is today, with its AI-powered big data analytics for supply chains, is reminiscent of where CRM was in the early 1990s.  Lexi is a unique disrupter in this industry, and I am very pleased to take the opportunity to jump onboard now,” says Daniel S. McKinney, a seasoned investment professional in the software industry who has chosen to make a major contribution in this Lexi share issue.

Peter Röing, Lexi’s Founder & CTO says, “Winning the support of our distinguished circle of investors is further validation of our vision to fully enable data-driven procurement via our scalable AI applications for the electronics manufacturing industry and make ‘predictive COGS’ possible. With this investment we will be able to accelerate our execution on several new, signed customer contracts and invest in resources needed to capitalize on the growing customer funnel.  We will now move forward with our plan to bring onboard an international leader as the new CEO of Lexi to take us forward with our global expansion – details to be announced soon!”

Maximizing Cost Savings, Minimizing Risk
Historically, manufacturers have struggled to attain end-to-end supply chain visibility as 80 percent of the data needed to successfully manage global supply chains exists outside their organizations. Lexi solves this problem by ingesting 100 percent of the data and then, using a combination of machine learning and human expertise, identifies and monitors the most relevant details and actions for lowering costs and improving supply chain health. On average, Lexi’s customers have cut Bill of Materials (BOM) costs by more than five percent, which translates into hundreds of thousands – and in some cases, up to millions of dollars – in total product cost savings.

Lexi accomplishes this by continuously harvesting terabytes of structured and unstructured data about components and parts from hundreds of public and private sources, including the customer’s own electronics manufacturing services (EMS) subcontractors, distributors and component manufacturers. Once Lexi uploads its customers’ costed bills of material (CBOMs) into its big data platform, Lexi’s AI engine then automatically harmonizes, cleans, corrects and classifies the data by part type, category, cost, lead-time, lifecycle status, compliance – any of hundreds of attributes that Lexi applies to characterize each part.

Lexi’s resulting dataset of “golden data” expands continuously and opportunistically to enable predictive and prescriptive analytics as well as to produce authenticated, meaningful supply chain insights that generate long-term, sustainable results that drop straight to its OEM customers’ bottom lines

Lexi is helping an ever-increasing roster of customers reap greater value from their supply chains, including ABB, ASSA ABLOY, Getinge, Husqvarna, Parker Hannifin and Volvo Trucks, among many others.

About Lexi

Lexi aspires to change the world through data, bringing clarity and insight to complex supply chains.

Lexi brings transparency to supply chain management with its unique cloud-based software solution that uses machine learning to provide authenticated, accurate product details to Original Equipment Manufacturers (OEMs).  Founded in Stockholm in 2011, and with a Data Operations Center in Penang, Malaysia, Lexi delivers data-driven business intelligence insights to prioritize actions for OEMs to lower costs and improve supply chain health. With its predictive and prescriptive optimization algorithms, Lexi empowers manufacturing, engineering, supply chain and procurement leaders to make faster, smarter product design and sourcing decisions. For more information, visit www.lexisolution.com .

The Lexi Cloud System –
Unlock the Hidden Value in Your Supply Chain Data with AI

SOURCE:  Lexi Solution AB

For further information, contact Peter Röing, tel +46 8 625 11 50.

Related Links:  https://lexisolution.com/

Lexi Solution Launches New Web Platform

Stockholm, Sweden, 2nd May 2019Lexi has launched a new website with full B2B functionality and all-new content describing the company’s cloud-based and AI-enabled enterprise software and services for data-driven procurement.

As before, www.lexisolution.com also provides a log-in portal for its customers, which include some of the biggest and best-known global corporations with leading electronics products in the Industrial, Medical and Automotive sectors.

The new website offers much more content about Lexi’s software solutions and services for automated cleaning and analysis of complex supply chain data, employing artificial intelligence (AI) technology such as machine learning to automate processes such as BOM scrubbing, component price verification, RFQ management, CSR risk management, and should-cost analysis, i.e., “Predictive COGS” in Lexi terminology.

A new blog area will provide regular updates on Lexi’s services and news, as well as insights on Big Data Analytics for strategic sourcing and data-driven procurement.

“As Lexi approaches its 10th year of business, and with our Lexi Cloud Solution now fully developed and bringing breakthrough impact to our customers, we are excited to launch this major upgrade to our presence on the web and get our success story out there as the company is entering a tremendous growth phase,” said Peter Röing, Founder & CTO.

About Lexi Solution AB

Lexi aspires to change the world through data, making the complex simple!  Founded in Stockholm in 2011, and with a Data Operations Center in Penang, Malaysia, Lexi offers world-class cloud-based software solutions using AI to solve complex problems in the management of supply chains for global electronics companies. 

The Lexi Cloud System – Unlock the Hidden Value in Your Supply Chain Data with AI

For further information, please contact: Peter Röing, tel +46 8 625 11 50