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Craft Named Value Leader for Supply Chain Risk Management Platform and Achieves Overall Strong Performance in Spend Matters Fall 2024 SolutionMap

GlobeNewswire LogoGlobeNewswire5d ago

Craft Named Value Leader for Supply Chain Risk Management Platform and Achieves Overall Strong Performance in Spend Matters Fall 2024 SolutionMap - GlobeNewswire

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We are thrilled to be recognized by SpendMatters, and above all to earn high marks from our customers as a value leader in this highly competitive market.” Craft was evaluated under two vendor categories – Supplier Management (risk enhanced) and Risk Management (TPRM/SCRM) – and earned the following: 1. Named a "Risk Management Value Leader”: Craft was recognized for excelling in supplier intelligence and AI-driven monitoring and analytics for risk management as a result of high functional and customer scores.2. Highest-rated vendor for functional depth: Craft was rewarded with high marks by its customers for its exceptionally quick deployment, user experience (UX) and ease-of-use, and its process expertise in helping clients identify and mitigate supply chain-related risk.3. Top score for supplier profiles: Craft rated the top analyst scores within the entire category for SIM (supplier information management) and Supplier Profiling, designated by a gold ribbon in the SRM SolutionMap.4. Surpassed other SRM vendors in multiple categories: Craft received high ratings for ability to assess and mitigate risks throughout the entirety of the supply chain, and providing detailed services on behalf of clients for supplier data / profile management.

Highest vendor rating for functional depth, customer experience, and supplier intelligenceLONDON, Sept.24, 2024 (GLOBE NEWSWIRE) -- Procurement & Supply Chain Live -- Craft, the supply chain resilience company, today announced it was named a Value Leader in the Spend Matters Fall 2024 SRM SolutionMap, which includes an evaluation of 93 procurement technology vendors.

"Spend Matters has the largest analyst team dedicated to in-depth comparison of solutions in the procurement technology space and pinpointing their differentiators.” Craft is the intelligent supply chain resilience platform that enables organizations to know their suppliers, protect against disruptions, and build resilient supply chains.

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Article Details

Author / Journalist: Craft

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-24 @ 07:00:00 (5 days ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 629 words

Reading Time: 4 minutes read

Sentences: 17 lines

Sentence Length: 37 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © GlobeNewswire

News ID: 22691282

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About GlobeNewswire

Main Topics: Technology

Official Website: globenewswire.com

Year Established: 1998

Headquarters: China

News Last Updated: 1 days ago

Coverage Areas: China

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #116

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