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.

You are a Startup and wanna join ?

SupplHi

CEO: Giacomo Franchini

Location: Milan/Italy
Founding year: 2016
Website: supplhi.com
Start-up Phase: Launched
Area of business in procurement: 
  • SRM
  • Risk Management
  • Sustainability
Problem:

In industrial B2B, more than 50% of revenues, on average, are used for purchasing goods & services, but supply chains are fragmented and companies often create customer-specific management processes. Few information is shared, suppliers have hundreds of profiles on tens of websites, and can hardly keep track. There is a lack of industry-shared standards. Finally, more countries every day are approving laws demanding organizations an ever-growing involvement in supplier due diligence.

Solution:

SupplHi is an out-of-the-box Vendor Management SaaS for industrial manufacturing, with a strong focus on sustainability. Applying an unconventional approach to a traditional problem, SupplHi combines efficiency and compliance to allow buyer users to manage a complex supplier base, facilitating real-time risk monitoring and stimulating improvement from Vendors. Its industry-wide collaborative network of 66k Vendors from 110 geographies allows cost reduction for all players, on a global level.

Offer:

SupplHi is a modular and secure Vendor Management SaaS with a strong focus on sustainability. Buyer organizations can use it to perform scouting, qualification, ESG performance assessment, evaluation and risk monitoring of all their vendors in a single place. Performing quality assurance of the information provided by suppliers, it brings efficiency and compliance to the entire industry. Moreover, being multi-lingual and free of charge for suppliers, it guarantees widespread inclusiveness.

Business model:

SupplHi offers a Software as a Service (SaaS) contract to Buyer organizations and a free-or-charge subscription to Vendors.
SupplHi is a SaaS modular subscription allowing customers to grow seamlessly over time, adding new modules upon request.

USP:

SupplHi is an industry-shared secure and modular platform with 28k buyer users and 66k suppliers globally. It is a one-stop-solution covering all Vendor Management needs, including scouting, qualification, performance evaluation, SRM, ESG performance monitoring and Scope 3 CO2 estimates that differentiates from the competition by validating the information provided by Suppliers through industry-specific questionnaires.

Target customers:

Large and international Buyer organizations procuring B2B industrial supplies across thousands of suppliers, spread globally. More specifically, the ideal target customer for SupplHi SaaS is a Buyer organization with over €1 billion turnover that is distinctively active in the Construction, Oil&Gas, Shipbuilding, Renewables, Steel and adjacent industries and with a large and fragmented Vendor base of thousands of Vendors.

Technology:

SupplHi is a cloud-based SaaS hosted on AWS European servers. It does not require any software. Based on a serverless environment, its Frontend is built with Angular and geographically distributed through a Content Delivery Network to optimize the performance, whie the Backend is built on a Java-based microservices environment and released on a container platform that scales nodes according to instructions of a Load Balancer. SupplHi has 3 ISO certifications: ISO 27001, 27017 and ISO 27018.

Existing customers:

As of today, our main customers are major international EPC Contractors in the industrial B2B sectors: Maire Tecnimont, Fincantieri, Saipem, Bonatti.
SupplHi shares trust among Buyers and Vendors in a $900B/year global market for industrial supplies (Energy, Fertilizers, Chemicals, Shipbuilding, Renewables, Steel, Mining) that accounts on average for more than 50% of a company’s revenues and requires constantly updated visibility on what and how a Supplier can perform in a Sustainable manner.

Contact: Giacomo Franchini

Founder and CEO

Email: Email hidden; Javascript is required.