Kodiak Hub | About | Our SRM Philosophy

Kodiak Hub's SRM Philosophy

Turning Information Into Insights, Innovation, & Impact

We know that the most vital value drivers can be found in the intersection between the quality of what is being bought, its price, and whether the commodity or service is being sustainably produced taking into account not only Profit but also People and Planet. With this value perspective fostered by Kodiak Hub, companies transition from a sole focus on minimizing risk towards a truly strategic, value-driven approach.

Our platform enables users to drive impact and innovation by turning data and information into actionable insights through a systematic improvement methodology. This includes setting clear goals, assessing supplier operations & supply chain risks, evaluating performance & outcomes, and to initiate and harness sourcing and supply chain improvements. All in one place.

This journey-based approach ensures that our users extract value from the platform daily, with growing data richness and intelligence. By transforming sourcing and procurement from isolated transactions to a dynamic, strategic process, Kodiak Hub enables companies to leverage top-line growth and ensure stakeholder value through how companies operate in their global supply chains and supplier relationships.

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How It Works

A Step-By-Step Approach to Impact & Top-Line Value

Step 1

Streamlined Supplier Onboarding & Risk Screening

The ability to find and partner with new suppliers quickly and intelligently is essential for modern Procurement teams to solve challenges and seize opportunities.

Kodiak Hub simplifies and streamlines your supplier onboarding, from finding to signing, so you can get down to business without the busywork and propel procurement excellence.

Effortlessly discover new suppliers with our intuitive supplier self-registration solution sign(UP). And streamline your supplier self-assessments with our dynamic and automated in(SITE) module.

Take the manual work out of your supplier risk screening and unlock powerful insights with our Supplier Risk Management modules. Get comprehensive evaluations of macro and geopolitical risk with our safe(SOURCE) module. Simplify your supplier financial screening with our fin(SIGHT) module. Automatically identify sanctions, blacklists, and PEPs with trade(TRUST). And mitigate reputational risk with our media(INSIGHT) media monitoring module.

Step 2

Validation of Business Practices & Mode of Operating

Staying on top of your suppliers to ensure that their modes of operating meet your standards is essential not only for maintaining resilience and driving improvements, but also for meeting customer and shareholder expectations.

Kodiak Hub makes it easy to continuously assess your suppliers at scale and seamlessly transform information into actionable insights that empower you to avoid disruptions or spot opportunities.

With our in(SITE) module, you can easily create user-friendly self-assessments that with our drag-and-drop template builder and global library of best practices and KPIs. Share them with suppliers at scale, improve engagement with user-friendly assessments, leverage automation to orchestrate processes, and unlock powerful insights from supplier responses.

And with our on(SITE) module, you can maximize your ROI on supplier site visits with our end-to-end auditing solutions – from painless audit preparation, to a robust mobile-app, to easy sharing of real-time progress and audit reports with stakeholders.

Step 3

Robust Performance Evaluations

Unlocking value and creating competitive advantages for your business is highly-dependent on the performance of your suppliers. But when it comes to Supplier Performance Management, it's like the old saying goes: “What can't be measured can't be managed.”

Today, Procurement is drowning in information, but starved for knowledge – especially when it comes to measuring and managing supplier performance. And with so much data, it's impossible to holistically evaluate performance across a wide range of areas with spreadsheets and legacy solutions.

That's why Kodiak Hub's kp(INSIGHT) module is designed to streamline your supplier performance management and unlock valuable insights from your supplier data.

Continuously evaluate and elevate your suppliers' performance across a wide range of areas, including quality, delivery, commercial, collaboration, innovation, and sustainability. And bring out the best in every supplier with robust performance insights, customizable KPIs & rating schemes, easy evaluations, and powerful collaboration tools.

Step 4

Renegotiation & Collaboration for Continuous Improvement

At its core, the “Hub” in Kodiak Hub offers Supplier Information Management (SIM), Product Information Management (PIM), Document Management, and Analytics, along with dynamic buyer-supplier collaboration solutions.

By adding advanced modules into the Hub, users can unlock powerful functionalities such as risk screening, seamless onboarding, assessment management, compliance reporting, audit capabilities, KPI & performance tracking, supply chain sustainability, and much more.

Our Data & Analytics Capabilities

Powering Predictive Insights With Centralized High-Value Data

In today's rapidly evolving Procurement landscape, the need for a new type of data hub is emerging. One that is able to fuel both human-led strategic initiatives and autonomous tactical and strategic activities.

This is why Kodiak Hub operates in the intersection of many diverse data sets, integrating rich multi-source data, ranging from third-party data, to internal unstructured data – even capturing data that is normally lost – as well as supplier and commodity insights at scale. The increasing importance of a new mode of operating for direct material data has come into play – one that holds the potential to further enhance Procurement's strategic influence over the business.

Not only will it enable companies to secure supply but also to predict and forecast with greater precision to drive business continuity and resilience as well as accurate customer communication. The direct material data puzzle is complex covering commodity properties (e.g., primary or recycled materials), bill of materials, spend, supplier risk, product design, as well as demand, and inventory.

Kodiak Hub brings the ability to not only capture data with ease but, above all, to make sense of it and lower decisions making costs, unlocking the full potential of machine learning (ML) and artificial intelligence (AI) to deliver predictive insights and future supply chain outcomes. Unlike commoditized data, our proprietary, high-quality datasets capture crucial insights from every supplier interaction — while third-party integrations further enhance supply chain intelligence.

With our world-class data architecture and science team, combined with a Bring-Your-Own-License (BYOL) approach for custom API integrations, Kodiak Hub stands as the ultimate solution for optimizing direct materials procurement and unlocking the new gold in supply chain data.

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Kodiak Hub SRM Predictive Insights from High-Value Centralized Data

Why Kodiak Hub?

Plug-and-play functionality for fast implementation and easy scalability
Seamless integration with ERP, S2P, and P2P providers
Automated supplier information and big data capturing
Comprehensive supply chain risk monitoring and ratings
Seamless supplier information, category, contract, spend, and supply chain management
Comprehensive compliance assessments and reporting
Mobile auditing app for effortless on-site visits
Robust performance evaluation and collaborative tools

Our Approach to Supplier Relationship Management