State of Flux is one of our 50 Providers to Watch. We will be highlighting 100 companies (50 to Know, 50 to Watch) from our 2015 Spend Matters Almanac over the span of 100 days. Practitioners are encouraged to browse the categories listed in our Almanac to find the provider that best fits their needs.
Among those with battle scars in the procurement services and technology provider ecosystem — yours truly very much included — the old saying goes: Consulting firms should not build technology products and technology firms should not build consulting arms. There are countless reasons for this, but generally, it comes down to the ability to focus well on multiple areas and break the rules necessary for success in one domain to drive sustainable growth in the other.
However, there are the rare exceptions. And State of Flux is one of them. State of Flux is a U.K.-based consultancy with reach across Europe, and a significant growing practice in Australia and New Zealand. It’s also a technology provider with one of the more unique supplier management solutions in the market. As a firm, it’s broader focus area is supplier management, especially around developing strategic supply-oriented relationships.
As we’ve noted before in the technology area, the State of Flux supplier management platform covers nearly all of the supplier management technology basics while going beyond the norm in many areas. It can handle, for example, multitier onboarding of suppliers. Users can create line-based visibility into supplier information, as well as cross-functional and category matrix views of relationships and activities. State of Flux also supports sell- and buy-side implementations, with an upstream value proposition for their clients’ suppliers in this regard as well.”
State of Flux is not just a consultant and technology provider. It’s also at the forefront of thought leadership in the supplier management market, publishing an annual survey that we recommend all procurements check out – sort of a “state of the state” of supplier management programs and focus areas.
We’re excited to have State of Flux on our Spend Matters 50/50 list for 2015. Organizations interested in supplier management owe it to themselves to have a discussion with State of Flux to learn about the art of the possible in supplier relationship management today (true SRM – not the ERP module!)
Are you a provider? Get your company listed alongside State of Flux and the rest of the 50/50 providers by signing up for a FREE Almanac listing today.