STRATEGIC SOURCING
SCOUTBEE IN BRIEF
2015
Scoutbee was founded on the idea of improving supply chain resilience by using Artificial Intelligence and Big Data to transform the way organizations use supplier data to discover and connect with suppliers .
2019
Scoutbee was the first start-up ever to be “ Highly Commended ” in the technology category at the 2019 World Procurement Awards . best lead times , and how they are doing on metrics such as ESG , risk , or diversity ?
“ Additionally , if a supplier fails to deliver , where do you go next ? Trusting intuition alone isn ’ t enough when it puts your supply chain , and ultimately your customer service at risk .”
Rich Data and Richer Competitive Advantages Stühler says that more than ever , procurement and supply chain professionals must get their hands on “ enriched , contextualised , and actionable supplier data analytics that can help ensure proactive , faster and better-informed decisions , in turn , driving resilience and competitive advantage .” He says that this is one thing that he wants his audience to know .
2020
To date , Scoutbee has raised $ 76m in funding from investors that were impressed by how Scoutbee , as a pioneer and leader in AI-driven supplier intelligence and search , empowers procurement for the world ’ s toptier companies . Awarded Gartner “ Cool Vendor ” 2020 .
2022
Ranked no 31 in the Procurement Magazine ’ s top 100 companies 2022 . Scoutbee ’ s objective is to support innovative procurement teams around the world with smarter supplier data . To enable strategic sourcing activities to become faster , more proactive , and more efficient in order to mitigate risk , reduce costs , drive innovation , and support a more sustainable world .
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