Calculate the hidden value of SRM
Try our COI Calculator below to find out what your cost of inaction by doing nothing about poor supplier relationship management.
Cost of inaction calculator
Adjust the inputs below to see your estimated annual cost of inaction across operational, tactical, and strategic levers.
Operational - Low-Value / Admin Tasks
Tactical - Tail & Rogue Spend Leakage
Strategic - Risk Exposure
Strategic - Missed Supplier Innovation
Annual cost breakdown
Estimated annual cost of inaction
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Ready to recover this cost?
Talk to our team about how Kodiak Hub helps you turn supplier relationships into competitive advantage.
Book a demoEstimates are based on results reported by Kodiak Hub customers and industry benchmarks.
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What procurement pros say about Kodiak Hub
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Smarter, data-driven sourcing decisions
“It’s a breath of fresh air. I can’t think of another way that you could get that kind of information to make those decisions other than having a tool like Kodiak Hub.”
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Andy Holland
Head of Procurement,
PA Media Group
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Improved supplier collaboration & innovation
“A huge benefit with Kodiak Hub is that we can build our relationships with our suppliers in a better way by working closer to them. This is paving the way for collaborative innovation and in the end better products.”
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Sjef Van Kuijk
Group Supplier Quality & Food Safety Manager,
Cloetta
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Saved time on supplier self-assessments
“With our previous SRM solution, it took us 8-10 months to have our most important suppliers finish their self-assessments. With Kodiak Hub, we managed to get the same work done in 3 weeks.”
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Sunny Yang
Group Purchasing Director,
HL Display
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Kodiak Hub helped mitigate supplier risk
“What we’re earning is knowledge about our suppliers! We know which suppliers are high-risk and why they are high-risk. And we’re documenting this in a whole different and more structured way than before. The on-site audits we make are based on the risk we see in the Kodiak Hub system – we know which ones we need to visit and why.”
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Malin Regebro
Head of Quality & Regulatory Affairs Food,
Midsona
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Made global process alignment easy
“Perstorp is a leading specialty chemical innovator. By using Kodiak Hub, we have made significant steps in applying common global processes across the globe. It has enabled us to enhance collaboration with the best suppliers, manage supplier performance globally, and drive continuous improvement.”
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Jonas Heydl
Vice President Procurement,
Perstorp Group
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Lowered our TCO
“Teknos is a world-leading paint and coating solutions provider offering smart and sustainable coating solutions. The key to Teknos' success is the way we select and collaborate with the best suppliers. Kodiak Hub has been an important enabler leading to power Total Cost of Ownership, improved yield, and new business opportunities.”
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Fredrik Calenius,
Chief Procurement Officer,
Teknos
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We're so impressed!
“Consolidating all supplier certificates, contracts, and information in one place has saved us significant resources internally. Those resources can now focus on strategic initiatives and look for improvements in our supplier base, contracts, and supplier collaborations.”
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Karen Wallace
Senior Buyer,
RWC
Industry recognitions & awards
As a pioneering procuretech platform paving the way for a new era of sourcing, we're proud to be recognized by procurement professionals and thought leaders around the world.