Beroe enhances Inflation Watch platform with AI-powered cost intelligence

Inflation Watch gives procurement teams real-time visibility into multi-tier inflation exposure, supplier cost drivers, and future cost scenarios | Beroe

placeholder image — Inflation Watch gives procurement teams real-time visibility into multi-tier inflation exposure, supplier cost drivers, and future cost scenarios | Beroe

The new AI-powered capabilities enable procurement teams to create cost structures for any category instantly.

Beroe, the global leader in procurement decision intelligence, has announced enhancements to its Inflation Watch platform, which combines AI-powered cost intelligence, inflation forecasting, scenario modeling, and supplier cost analysis, with Beroe experts' insights to help procurement leaders understand how market changes impact specific categories and contracts. This allows customers to proactively address inflation volatility, improve budgeting and cost forecasting, and strengthen supplier negotiations.

Organisations operating across global supply chains continue to face exposure to trade policy shifts, geopolitical instability, raw material volatility, labour pressures, and energy price fluctuations. Traditional inflation measurement tools, such as macro-level consumer or producer inflation indices (CPI/PPI), are generic and ultimately fail to assist buyers when negotiating specific, complex supplier contracts.

Developed in partnership with Siemens Energy, Inflation Watch now gives procurement teams across a range of industries a more precise understanding of what is driving cost changes and where action is required. The platform leverages Beroe's extensive Decision-Grade Intelligence, including 22,000+ cost drivers and 7,800+ cost structures, to help organisations:

Forecast the impact of inflation on future budgets and category spend
Identify raw materials, labour, energy, and logistics factors driving supplier cost changes
Model different cost scenarios to evaluate potential outcomes
Support supplier negotiations with transparent, data-backed insights
Align procurement, finance, cost engineering, and sales around a shared view of cost drivers

Vel Dhinagaravel, founder and CEO, Beroe, said: "Procurement teams can no longer rely on broad inflation indicators to make decisions that impact complex global supply chains. The future of procurement requires intelligence that connects market movements directly to an organisation's own categories, suppliers, and cost structures. Inflation Watch represents that shift, moving enterprises to a proactive inflation stance, modelling what's next, and acting with confidence."

New AI-powered capabilities enable procurement teams to build a complete cost structure for any category – including niche or long-tail ones – in a fraction of the time it previously took, streamlining onboarding and making it easier to scale across categories. The AI breaks a product down into its underlying cost components, then recommends the cost drivers behind each one and how much weight they should carry. It matches those drivers to the most relevant indices in Beroe's market library – using close proxies or regional trade patterns where no exact match exists. Every recommendation comes with a confidence score and the reasoning behind it. Users remain in full control to edit and adapt every recommendation but start from a far stronger baseline – making it easier to judge whether a supplier's price increase is justified and where there is room to negotiate or reduce costs.

Newly added quantity-based cost structures enable modeling of product costs by combining exact quantities and units with the respective market price of each cost component, giving teams the flexibility to create more precise, absolute cost views.

Inflation Watch's value extends beyond procurement to teams including cost and value engineering, with enhanced business reporting that adapts to different users and business cases across the organisation. Multiple reporting templates tailor outputs to different stakeholder needs, helping teams proactively manage inflation exposure, identify categories for renegotiation or sourcing action, and make faster, data-backed decisions.

Siemens Energy has used Inflation Watch to improve cost visibility, streamline procurement processes, and support more strategic decision-making across its global organidation.

Through the platform, Siemens Energy has:

Increased spend under management from $500 million to $1.5 billion without additional headcount
Reduced contract review processes from more than 30 hours to under 10 minutes
Identified more than $1 million in savings opportunities in one quarter within a single raw material category
Enabled more than 500 daily users across the organization
Improved forecast accuracy and reduced pricing surprises

Adrian Vicol, data strategy lead, Siemens Energy Procurement Center of Excellence, said: "When we first introduced Inflation Watch within Siemens Energy Procurement, our goal was to give colleagues a simpler way to understand market developments and their impact on costs. The adoption has been very positive, and the latest enhancements have made the platform even more valuable. Teams particularly appreciate how quickly they can build meaningful cost structures with the AI recommendations and how much easier it is to understand what is driving market movements.

"The new reporting capabilities and market commentary help turn complex data into insights that stakeholders can actually use. The feedback from users has been overwhelmingly positive because the platform saves time, improves transparency, and gives teams greater confidence when discussing costs, budgets, and supplier negotiations."

Beroe continues to invest in Inflation Watch's roadmap. Later this year, the platform will add guided should-cost model creation and a new alerts and notifications system to flag emerging cost risks in real time – the latest step in an ongoing cadence of enhancements designed to keep procurement teams ahead of shifting market conditions.

Inflation Watch is commercially available immediately to global enterprise customers through Beroe Live.ai. Organizations can learn more or request an enterprise demonstration by visiting their website.