Procurement Magazine May 2025 | Page 67

GRAPHITE CONNECT

“ I expect in the next five years the Graphite Network is going to be 10 times, maybe 20 times what it is today, and it really will become the source of supplier data for everybody”

CONRAD SMITH, CO-FOUNDER AND CEO, GRAPHITE CONNECT
pre-vetting vendors with their Graphite profile, which includes InfoSec, DORA, CSRD, GDPR and SOC documentation already, becomes much easier and ensures vendor selection moves swiftly.
He forecasts dramatic network expansion:“ I expect in the next five years the Graphite Network size is going to be 10 or maybe 20 times larger than what it is today and it really will become the source of supplier data for everybody.”
Conrad’ s ultimate vision is the elimination of redundant questionnaires and data collection:“ This will be the future where questionnaires don’ t matter anymore. They go away and it’ s just connecting. It’ s just connections, it’ s just profiles.”
For procurement teams still struggling with spreadsheets, emails and the constant chase for updated supplier information, that future can’ t come soon enough.
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