The Procuretechs Network includes Startups with a focus on procurement, which are located in Germany and throughout Europe. Together, we want to shape the future of procurement by leveraging our synergies and supporting each other in the further development.

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Kodiak Hub

CEO: Malin Schmidt

Location: Stockholm, Sweden
Founding year: 2015
LinkedIn: https://www.linkedin.com/company/kodiak-hub/
Start-up Phase: Launched
Area of business in procurement: 
  • SRM
  • Performance Management
  • Risk Management
Problem:

Global supply chain complexity challenges procurement and sourcing teams to work faster, smarter, more risk-averse. Procurement teams are, however, often left to their own devices, showing low levels of investment and adoption in modern ProcureTech solutions. Many teams lack visibility and insights into their supplier bases, lacking a true knowledge of who they buy from, what they buy, where they buy, and why they buy from the partners they purchase from.

Solution:

Kodiak Hub’s SRM solution is intuitive, easy-to-use & modular, which allows customers to plug n’ play to address their business-specific in supplier management. When adopted, our solution delivers robust supplier insights and intelligence, mapping of supplier-related risks for monitoring, and improving supplier- and sustainability performance through KPI management and collaboration. Kodiak Rating is giving procurement and sourcing the same tooling Sales & marketing has had for years in CRM.

Offer:

Kodiak Hub is a cloud-based Enterprise SRM platform enabling global procurement and sourcing teams to buy smarter. Our customers – like British Telecom, Spotify, Logitech, Northvolt – come from a broad range of industries; all using Kodiak to solve the challenges of managing supplier relationships in global complex supply chains. Kodiak offers a range of modules supporting SIM, SRM, SPM, risk, compliance, and collaboration.

Business model:

Cloud-based Enterprise SaaS, Annual Licenses, # of Users, # of Modules, and one-time onboarding/implementation fee

USP:

– Intuitive UI/UX for users and suppliers – enhancing adoption/engagement
– Global content library of industry best practices for assessment & evaluation & DD
– Rating methodology at the core, turning data & information gathered into actionable buying intelligence so users can quickly spot risks & opportunities
– Collaboration space to engage suppliers and manage supplier communication &, information sharing & ongoing progress development
– Value for cost

Target customers:

Global and/or Complex Organizations with (often) global supply chains
Over 100M Euro Revenue
Working in a plethora of industries, albeit most prominent in Tech, Food, Manufacturing, Automotive, Mining & Metals, Mechanical Engineering, Consumer Goods, Building Materials

Technology:

As we are a best-of-breed within SRM, Kodiak Hub is often applied as a gap-filler, or support solution to broader S2P and/or ERP solutions. Our architecture is built for seamless API integrations & data synch.

Existing customers:

British Telecom, Spotify, Logitech, Northvolt, Cloetta, LKAB

Contact: Sam Jenks

Growth Officer

Mobile phone: +46703644132
Phone: +46703644132
Email: Email hidden; Javascript is required.