Waystation is an AI-powered sourcing platform for consumer packaged goods (CPG) companies that transforms unstructured supplier email communications into structured, actionable data. The platform automatically extracts quotes, specs, certifications, and other documents from existing inboxes, eliminating the need for suppliers to adopt new tools. It centralizes sourcing data to help procurement, quality, R&D, and operations teams run more RFPs, reduce costs, and improve supply chain visibility.
Funding
Funding not disclosed
Founders
Product
Problem
CPG procurement, quality, and R&D teams often manage supplier communications through disparate email inboxes, creating a "coordination tax" that erodes margins and increases supply chain risk. This fragmented approach makes it difficult to track pricing, lead times, certifications, and other critical data, leading to inefficiencies and delayed decision-making.
Solution
Waystation provides an AI-native platform that connects directly to a company's existing email workflows, automatically extracting and structuring supplier data such as quotes, specs, CoAs, and certifications. By turning unstructured email threads into a centralized, searchable system of record, Waystation eliminates manual data entry and provides a single source of truth for all sourcing activities. The platform supports the full sourcing lifecycle—from spot buys and RFPs to compliance—and enables teams to run 2–3× more RFPs with the same headcount. It also offers side-by-side quote comparisons, automated document filing, and proactive expiration alerts, all without requiring suppliers to change their processes.
Target Audience
Waystation serves procurement, R&D, quality, and operations teams at mid-market CPG companies, co-manufacturers, and consulting firms in the food and beverage industry, as well as private-equity-backed platforms managing multiple portfolio companies.
Features
- Automated extraction of pricing, lead times, specs, certifications, and terms from supplier emails
- Centralized, searchable repository for all supplier documents, including CoAs, spec sheets, and insurance certificates
- Side-by-side quote comparison and RFP management tools that reduce cycle times by up to 50%
- AI-powered alerts for certificate expirations and single-source supply risks
- Role-based access controls and encryption in transit and at rest, with AI subprocessors contractually prohibited from training on customer data
- One-click integration with existing email workflows, requiring no supplier onboarding