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An award-winning collaborative supplier relationship platform

Suppeco leverages the potential in relationships to solve key challenges within the value chain

A practical solution built for the real world delivering its ‘value’ targets, “we would need to innovate together with our suppliers”.

He added that Suppeco “landed on our radar at a time when we were seeking to drive greater value from procurement and supply chain”.

King says BAE wanted to move away from “arms-length relationships” and rebuild its SRM capability “to encourage more transparency and openness”.

To this end, Suppeco worked with BAE to create the Applied Intelligence Collaborative SRM Initiative, built on Suppeco’s Cloudbased platform, which has been available to BAE since early 2020. Initially the project involved four live pilots and 20 BAE Systems suppliers. Prior to Suppeco, Applied Intelligence used Excel-based collateral for KPI supplier performance management.

“I wanted to get away from managing relationships through spreadsheets and the huge time investment required to create slide decks for periodic governance,” says King.

Simon King

TITLE: HEAD OF SUPPLIER MANAGEMENT & OPERATION

COMPANY: BAE SYSTEMS APPLIED INTELLIGENCE

INDUSTRY: AEROSPACE & DEFENCE

King is “a results-driven, experienced procurement professional” with 25 years’ experience of supplier and contract management. He also has 15 years’ experience of category management and strategy, as well as drafting commercial contracts across a range of market sectors.

Sheldon Mydat

TITLE: FOUNDER & CEO

COMPANY: SUPPECO

INDUSTRY: SUPPLIER RELATIONS

Mydat is an expert in supplier relationship management. Prior to founding Suppeco, he led successful supplier transformation programmes for high-profile organisations such as The Metropolitan Police, Royal Mail Group, and Lloyds Banking Group.

He adds: “Suppeco demonstrates our commitment to collaborative and transparent relationships with our most important suppliers.”

King says the platform also “requires zero customisation and places no limits on user numbers”.

He also explains that its supplier management information structure follows the principle that every supplier engagement – regardless of what’s being bought or sold – can be split across four main pillars of engagement: Relationship, Commercial, Projects and Service.

“This is what makes the Suppeco environment so effective,” he says. “It brings structure and visibility to aspects of our supplier relationships that were previously intangible.”

Our suppliers also have “extensive access” to the platform, which King says is crucial.

“Suppeco’s rich dashboards give direct visibility of how actively our most important