Globality launched Glo 2.0, an enterprise platform for autonomous sourcing that streamlines the entire intake-to-award process.
Glo 2.0 is a single platform for procurement teams, with specialized AI agents that act as an extension of your team and run entire sourcing events, including negotiating with suppliers. Teams can choose to let AI run sourcing events fully autonomously or operate in collaborative mode with team members “in the loop” where specified.
"This is the first truly autonomous sourcing platform where AI runs the complete intake-to-award process. Our agents don’t just automate a workflow; they reason through the data, decide the right approach for what’s being sourced, and act on your behalf with suppliers," says Joel Hyatt, co-founder and CEO, Globality.
Key takeaways:
· Trained on current negotiation techniques, Glo 2.0 handles supplier negotiations autonomously and simultaneously on the terms that matter, including price, quality, delivery, service, and risk. After the negotiation, Glo conducts scenario analysis and recommends the best supplier and scenario.
· In Collaborative Mode, the team leads supplier interactions and makes the award decision, while the platform delivers the commercial reasoning, builds the RFx, and sets negotiation strategy.
· In Autonomous Mode, procurement defines the objectives, sets the guardrails, and approves the final award, while the platform runs everything in between. No other solution offers both options.
· Glo Intake interprets what the stakeholder is asking for, applies the organization’s procurement policies, and routes the request to the right path - no training or system-hopping required.
