Supplier.io

Dive into the new year with our #webinar on January 21 - Navigate 2025 with Confidence: Strategies for #SupplierDiversity Success! 2025 will bring new dynamics for supplier diversity programs and #Procurement teams. Join our supplier diversity experts and The Hackett Group Inc.'s Kurt Albertson to explore steps you can take to build resilience, capitalize on expected changes, and drive continued success. Register now: https://hubs.la/Q030xGSC0

Start 2025 ahead of the curve! Join us on Tuesday, January 21st for our exclusive webinar, Navigate 2025 with Confidence: Strategies for #SupplierDiversity Success, featuring The Hackett Group Inc.'s Kurt Albertson alongside our own Molly O’Brien and Daniel Dorr. Register now: https://hubs.la/Q031xH__0 In this session, we will unveil 5 proven strategies to future-proof your supplier diversity program and help you prepare for the opportunities and challenges ahead. What you can expect: 📊 The big trends shaping 2025: Early insights from Hackett Group's CPO priorities studies 💡 Proven strategies in action: How leading companies are already responding to emerging changes 🔥 Thriving in uncertainty: Practical ways to navigate risk and volatility like a pro 🔓 Opportunities unlocked: Making the most of new policies, tariffs, and trade agreements See you there!

Over the past several years, I have had the opportunity to discuss insights into The Hackett Group Inc.’s Key Issues research with Aylin Basom and Daniel Dorr from Supplier.io. Together, we shared our perspectives on what we anticipate for the upcoming year and contrasted it with our experiences over the past year. While cost reduction has remained and further solidified as procurement's top priority globally for 2025, several areas have elevated their priority over the past year. These include operating model and digital transformation, supplier sustainability, and a new entrant to the top 10, supplier relationship enhancement. In terms of procurement capability improvement, like 2024, data analytics and talent management top the list. Additionally, contract management, third-party risk management, supplier performance management, and generative AI have all been elevated over 2024 as more focused areas for improvement.   Hackett’s research scope covered many other areas, including analytics, COE capabilities, and AI, as well as procurement technology adoption. Interestingly, over one-third of participating organizations will be investing to upgrade their existing sustainability/ESG (including supplier diversity) technology, while two-thirds highlight that their investments in this area either met or exceeded their expectations. While uncertainty remains, especially in the first quarter, procurement is certainly readying themselves and their organizations for whatever may unfold.

As 2024 comes to a close, I’m reflecting on an extraordinary year at Supplier.io, marked by growth, innovation, and collaboration. We’ve had the privilege of empowering organizations worldwide to build more resilient, inclusive, and sustainable supply chains. By connecting businesses to a broader pool of small, diverse and sustainable suppliers, streamlining onboarding, and delivering trusted data and actionable insights, we’ve helped our customers transform their responsible sourcing programs and supply chains into engines of business growth, aligning with their goals, values, and vision for the future. Here are some highlights: ·        Supported over 950 companies in strategic sourcing and spend analysis, enhancing supply chain competitiveness, operational agility and risk management. ·        Added more than 1M new suppliers to our global database ·        Earned prestigious awards from Spend Matters, Deloitte, SIG|ORG the Sourcing Industry Group, the Inc. 5000, and Supply & Demand Chain Executive for our leadership, growth and innovation in responsible sourcing, supply chain risk, and sustainability. ·        Formed strategic partnerships, including with Amazon Business , empowering organizations to expand their spending with diverse suppliers, and with CDP, providing insights to help our customers meet net-zero goals and advance sustainability. ·        At the heart of Supplier.io’s mission is giving back. In 2024, our teams in the U.S. and India engaged in impactful initiatives, including food drives, blood donations, volunteering with incredible organizations like Poised for Success, Devnar School for the Blind, Sankalpa Voluntary Organization, Cradles to Crayons, and Feed My Starving Children. As we step into 2025, I am inspired by the opportunities ahead. To our incredible employees—your passion and commitment fuel our growth and inspire our purpose. To our customers—thank you for trusting us as your partner in achieving your goals. And to our partners and investor Norwest Venture Partners—your support propels us to reach new heights. Thank you for being an integral part of our journey. Here’s to a prosperous and impactful 2025! Let’s keep driving positive change, together.

💡 A new blog from our CEO Aylin Basom explores navigating #tariffs and uncertainties through strengthening your #SupplyChain with #SupplierDiversity. Read on to see how to reduce risks and costs, the benefits of diversifying your supplier base, achieving supply chain efficiency and more: https://hubs.la/Q031jvxz0

Kick off your new year with our #FinancialServices #SupplierDiversity webinar on Jan 30! We'll be joined by Hugh Peltz of Citizens Bank, Jennifer Johnston of Intuit and Jason Cwiklinski of KeyBank to hear how they run successful and business-driving supplier diversity programs. Don't miss it! Register now: https://hubs.la/Q0314B6g0

From our Preparing for 2025 #webinar in December, Chris Sawchuk of The Hackett Group Inc. reviews the shifts and changes they've seen in #procurement organizations in 2024, and what to expect in 2025. If you missed the convo, you can get the webinar on-demand here: https://hubs.la/Q030_DYr0

Happy New Year from the team at Supplier. io! Wishing you all the best in 2025. 🎆🎉🎈

"Being a single portal system really helps our prime suppliers easily report to multiple customers at once." Our own Lindsay Peltin dives into our #Tier2 solution in Session 3 of our Masterclass #SupplierDiversity series. Get all Masterclass webinars on-demand here: https://hubs.la/Q030xFTM0

"By 2045, more than half of the US population is going to be diverse. So, targeting these fast growing demographics is going to be more critical for business growth than ever. [Supplier Diversity] is not nice to have. It is certainly must have." Did you miss our Preparing for 2025 #webinar with Supplier. io CEO Aylin Basom and The Hackett Group Inc.'s Chris Sawchuk? It's now available on demand! Get it here: https://hubs.la/Q030xNbc0