State of Flux

       
222-225 Strand | London, London | WC2R 1BA United Kingdom
enquiries@stateofflux.co.uk
+44 (0)2078 420 600
Provides solutions and/or services in the following categories:

Headquartered in London with offices in Chicago, Sydney, Auckland, Switzerland, Athens, State of Flux has been supporting clients in procurement for over 13 years.

As the global expert in supplier relationship management (SRM), we help large organizations achieve both financial and non-financial value benefits, through working with strategic suppliers to identify innovative and collaborative ways to compete in an ever-changing market environment. Our annual SRM Research includes eight years of insight into supplier relationship management practices, gathered from more than 1,500 Global companies and 750,000 data points.

We have combined our research findings and practical experience to develop a deep understanding of supplier management and through our consulting and training services have helped many large businesses improve their supplier relationships. We understand each client is different and as such, tailor our offering and models to the organization we are working for.

Statess, our supplier management technology helps you manage your suppliers, contracts, and categories to reduce risk and cost, drive innovation, improve performance and collaborate with your suppliers.

State of Flux is proud to have achieved global recognition and awards from Spend Matters, CIOReview, CIPS, Gartner and Procurement Leaders to name a few.

Contact us at enquiries@stateofflux.co.uk or visit www.stateofflux.co.uk.

Spend Matters 50/50: State of Flux – A Provider to Watch

State of Flux is a consultancy and executive staffing/managed services firm that specializes in supplier management. Perhaps best known to non-clients for their annual SRM Survey, State of Flux’s footprint and reach is global (although they’re based in the UK). StateofFlux Over many years, the firm has also developed a set of technologies to drive supplier relationship management implementation and success centered upon a supplier management platform that tracks suppliers and categories with executive dashboards, task assignments, approvals, and other workflow. It recently spun this technology out into a separate organization that goes under the umbrella of “State of Flux Technologies” -- though for the purpose of the Spend Matters 50/50 listing, we are grouping them together. Implementing State of Flux Technology takes approximately eight to ten weeks – which by our experience is quite quick for a comprehensive supplier management tool of this scope. But the supplier management platform clearly requires a client who has their ducks lined up given how the solution forces definitions and types of engagement with suppliers. For companies that have not focused on supplier management holistically, it can take a considerable amount of time for a company to agree internally on how to assess suppliers. But of course we know the services arm of State of Flux would be happy to help with that area – and do a truly expert job at it. More broadly, outside of technology, we’re impressed with the State of Flux grounding and global expertise in supplier management – and the tenacity with which its founder, Alan Day, goes back and forth to Australia and New Zealand to build a rapidly growing practice in that part of the world (we doubt he even knows what time zone he is on half the time). We also think the hybrid model of traditional consultancy services combined with staffing executives in supplier management and related roles inside companies, while being able to leverage internal State of Flux IP, is a smart model in today’s professional services climate. Last, their annual report on SRM, while dense, is always an engaging read. 50 to Watch
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