Supplier relationship management designed for the future
Supplier relationship management designed for the future
Kodiak Hub is a one-stop shop for supplier management and takes strategic sourcing to the next level
As an intuitive SRM solution , Kodiak Hub offers complete visibility and insights into crucial aspects in the supply chain , ranging from performance tracking , spotting risk , to ESG progress .
Founder & CEO of Kodiak Hub , Malin Schmidt , says she launched the company because the market needed an intuitive platform that would enable Procurement to forge lasting sustainable impact in global supply chains , but did not require years of consultancy support , yet still met the needs of strategic buyers ”.
Schmidt ’ s guiding principle is that , to unlock the full value from global supply chains , effective supplier relationship management is key .
She adds : “ Short- and Long-term value can be achieved only with transparent relationships between suppliers and buyers , where performance and impact goals are shared ”.
The most powerful individual in the entire supply chain is the strategic buyer ,” she says . Kodiak Hub is designed to empower procurement professionals to be the best versions of themselves .
“ When the most influential figure within the entire supply chain makes a conscious choice to incorporate stakeholder value into the equation , transformation will happen ” Schmidt continues .
Systematically measuring supplier performance , says Schmidt , allows organisations to set strategic expectations and to apply KPI criteria to suppliers .
She stresses that a prerequisite of all data analytics , AI and ML is “ large amounts of data ”, and that this is what can take strategic buying to the next level .
“ Many companies waste data points readily available to them ,” she says . “ They are missing out on powerful supplier insights , and predictive analytics on the likely future performance of any given supplier .”
Schmidt adds : “ We work with a wide data-scope that includes not only thirdparty and ERP data but also data that is normally lost or not used , such as that found in any reports or data that is entailed in collaborating with the supplier .