{"id":1905,"date":"2024-09-24T08:00:19","date_gmt":"2024-09-24T08:00:19","guid":{"rendered":"https:\/\/global.craft.co\/?post_type=press&p=1905"},"modified":"2024-09-24T08:05:40","modified_gmt":"2024-09-24T08:05:40","slug":"craft-value-leader-scrm-platform-spend-matters-solutionmap","status":"publish","type":"press","link":"https:\/\/global.craft.co\/newsroom\/craft-value-leader-scrm-platform-spend-matters-solutionmap\/","title":{"rendered":"Craft Named Value Leader for Supply Chain Risk Management Platform and Achieves Overall Strong Performance in Spend Matters Fall 2024 SolutionMap"},"content":{"rendered":"

Highest vendor rating for functional depth,
customer experience, and supplier intelligence<\/i><\/b><\/h3>\n

 <\/p>\n

LONDON, UK \u2013 Procurement & Supply Chain Live \u2013\u00a0 September 24, 2024<\/b> \u2013<\/b> <\/span>Craft<\/span><\/a>, the supply chain resilience company, today announced it was named a Value Leader in the Spend Matters <\/span>Fall 2024 SRM SolutionMap<\/span><\/a>, which includes an evaluation of 93 procurement technology vendors. Craft scored the highest ratings for its overall functional depth, overall customer scores, UX and UI,\u00a0 supplier intelligence and N-tier capabilities.\u00a0<\/span><\/p>\n

To be considered for the list, Craft underwent a rigorous functionality and capability assessment that included an in-depth capability demonstration of their supply chain risk management platform, and anonymized customer reviews and ratings. Spend Matters helps buyers, consultants, investors, and sellers compare vendors across 500+ request-for-information (RFI) requirements for better and smarter procurement technology purchasing.<\/span><\/p>\n

\u201cThousands of companies look to Spend Matters to help them find the right procurement and supply chain technology for their organizations,\u201d said Ilya Levtov, CEO and founder, Craft.\u00a0 \u201cThis comprehensive evaluation in the latest SpendMatters Fall 2024 Solution Map is further validation of Craft\u2019s strategy to expand the definition of supplier risk management and serves as a testament to our ability to deliver the right solutions to power resilience across the entire enterprise.\u00a0 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.\u201d<\/span><\/p>\n

Craft was evaluated under two vendor categories \u2013\u00a0Supplier Management (risk enhanced) and Risk Management (TPRM\/SCRM) \u2013\u00a0and earned the following:<\/span><\/p>\n

    \n
  1. Named a \u201cRisk Management Value Leader\u201d: <\/b>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.<\/span><\/li>\n
  2. Highest-rated vendor for functional depth<\/b>: 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.<\/span><\/li>\n
  3. Top score for supplier profiles<\/b>: 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.<\/span><\/li>\n
  4. Surpassed other SRM vendors in multiple categories<\/b>: 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.<\/span><\/li>\n<\/ol>\n

    “Vendors participating in SolutionMap undergo the most rigorous assessment from a tech <\/span>capability and customer delivery perspective,\u201d said Carina Kuhl, president, SpendMatters. \u201cSpend Matters has the largest analyst team dedicated to in-depth comparison of solutions in the procurement technology space and pinpointing their differentiators.\u201d<\/span><\/p>\n

    Craft is the intelligent supply chain resilience platform<\/a> that enables organizations to know their suppliers, protect against disruptions, and build resilient supply chains. Craft\u2019s flexible data fabric uses best of breed datasets from public and private sources across 500+ risk categories, such as ESG, geopolitical, foreign influence, cybersecurity, supplier financial health, weather, and much more.\u00a0 Its risk engine is enhanced by AI-generated insights that can be shared, tracked and taken action on internally and across organizations via a collaborative workspace.\u00a0 With Craft, organizations like the U.S. Department of Defense, Hapag-Lloyd, major financial services institutions,\u00a0 and other Fortune 500 companies confidently navigate third-party risks, regulatory environments, uphold ethics, and drive business continuity and growth.\u00a0<\/span><\/p>\n

    For more information about Craft, visit <\/span>www.craft.co<\/span><\/a> or contact <\/span>press@craft.co<\/span><\/a>.\u00a0\u00a0<\/span><\/p>\n

     <\/p>\n

    \n

    About Craft<\/b><\/p>\n

    Craft<\/span><\/a> illuminates the path to global supply chain resilience. It empowers businesses to strengthen their supplier networks and supply chains with the industry\u2019s most reliable and comprehensive data fabric and AI-driven risk mitigation engine. Craft\u2019s user-friendly platform offers 360-degree visibility to explore and evaluate supplier networks, AI-generated insights to detect and mitigate disruptions, and collaborative tools to enhance supply chain strategies. Procurement and supply chain professionals can confidently navigate regulatory environments, adhere to ethical standards, and ensure business continuity. Headquartered in San Francisco, CA, Craft assists commercial and governmental organizations worldwide in creating more resilient supply chains. <\/span><\/p>\n

    For more information about Craft, visit <\/span>www.craft.co<\/span><\/a>.<\/span><\/p>\n

     <\/p>\n

    PR Contact<\/span><\/span><\/p>\n

    Carol Hickins<\/span><\/p>\n

    carol.hickins@craft.co<\/span><\/a><\/p>\n","protected":false},"author":7,"featured_media":0,"template":"","class_list":["post-1905","press","type-press","status-publish","hentry"],"acf":[],"yoast_head":"\nCraft Named Value Leader for Supply Chain Risk Management Platform and Achieves Overall Strong Performance in Spend Matters Fall 2024 SolutionMap Craft named risk management value leader<\/title>\n<meta name=\"description\" content=\"Craft.co was named a Value Leader in Spend Matters' Fall 2024 SolutionMap for supply chain risk management.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/global.craft.co\/newsroom\/craft-value-leader-scrm-platform-spend-matters-solutionmap\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Craft Named Value Leader for Supply Chain Risk Management Platform and Achieves Overall Strong Performance in Spend Matters Fall 2024 SolutionMap\" \/>\n<meta property=\"og:description\" content=\"Craft.co was named a Value Leader in Spend Matters' Fall 2024 SolutionMap for supply chain risk management.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/global.craft.co\/newsroom\/craft-value-leader-scrm-platform-spend-matters-solutionmap\/\" \/>\n<meta property=\"og:site_name\" content=\"Craft.co\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/craftdotco\" \/>\n<meta property=\"article:modified_time\" content=\"2024-09-24T08:05:40+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@craftdotco\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/global.craft.co\/newsroom\/craft-value-leader-scrm-platform-spend-matters-solutionmap\/\",\"url\":\"https:\/\/global.craft.co\/newsroom\/craft-value-leader-scrm-platform-spend-matters-solutionmap\/\",\"name\":\"Craft Named Value Leader for Supply Chain Risk Management Platform and Achieves Overall Strong Performance in Spend Matters Fall 2024 SolutionMap Craft named risk management value leader\",\"isPartOf\":{\"@id\":\"https:\/\/global.craft.co\/#website\"},\"datePublished\":\"2024-09-24T08:00:19+00:00\",\"dateModified\":\"2024-09-24T08:05:40+00:00\",\"description\":\"Craft.co was named a Value Leader in Spend Matters' Fall 2024 SolutionMap for supply chain risk management.\",\"breadcrumb\":{\"@id\":\"https:\/\/global.craft.co\/newsroom\/craft-value-leader-scrm-platform-spend-matters-solutionmap\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/global.craft.co\/newsroom\/craft-value-leader-scrm-platform-spend-matters-solutionmap\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/global.craft.co\/newsroom\/craft-value-leader-scrm-platform-spend-matters-solutionmap\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/global.craft.co\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Newsroom\",\"item\":\"https:\/\/global.craft.co\/newsroom\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Craft Named Value Leader for Supply Chain Risk Management Platform and Achieves Overall Strong Performance in Spend Matters Fall 2024 SolutionMap\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/global.craft.co\/#website\",\"url\":\"https:\/\/global.craft.co\/\",\"name\":\"Craft\",\"description\":\"Your path to supply chain resilience\",\"publisher\":{\"@id\":\"https:\/\/global.craft.co\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/global.craft.co\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/global.craft.co\/#organization\",\"name\":\"Craft\",\"url\":\"https:\/\/global.craft.co\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/global.craft.co\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/global.craft.co\/wp-content\/uploads\/2023\/12\/Craft_logo_positive_RGB.svg\",\"contentUrl\":\"https:\/\/global.craft.co\/wp-content\/uploads\/2023\/12\/Craft_logo_positive_RGB.svg\",\"caption\":\"Craft\"},\"image\":{\"@id\":\"https:\/\/global.craft.co\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/craftdotco\",\"https:\/\/x.com\/craftdotco\",\"https:\/\/www.linkedin.com\/company\/craft-machine\/\"]}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Craft Named Value Leader for Supply Chain Risk Management Platform and Achieves Overall Strong Performance in Spend Matters Fall 2024 SolutionMap Craft named risk management value leader","description":"Craft.co was named a Value Leader in Spend Matters' Fall 2024 SolutionMap for supply chain risk management.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/global.craft.co\/newsroom\/craft-value-leader-scrm-platform-spend-matters-solutionmap\/","og_locale":"en_US","og_type":"article","og_title":"Craft Named Value Leader for Supply Chain Risk Management Platform and Achieves Overall Strong Performance in Spend Matters Fall 2024 SolutionMap","og_description":"Craft.co was named a Value Leader in Spend Matters' Fall 2024 SolutionMap for supply chain risk management.","og_url":"https:\/\/global.craft.co\/newsroom\/craft-value-leader-scrm-platform-spend-matters-solutionmap\/","og_site_name":"Craft.co","article_publisher":"https:\/\/www.facebook.com\/craftdotco","article_modified_time":"2024-09-24T08:05:40+00:00","twitter_card":"summary_large_image","twitter_site":"@craftdotco","twitter_misc":{"Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/global.craft.co\/newsroom\/craft-value-leader-scrm-platform-spend-matters-solutionmap\/","url":"https:\/\/global.craft.co\/newsroom\/craft-value-leader-scrm-platform-spend-matters-solutionmap\/","name":"Craft Named Value Leader for Supply Chain Risk Management Platform and Achieves Overall Strong Performance in Spend Matters Fall 2024 SolutionMap Craft named risk management value leader","isPartOf":{"@id":"https:\/\/global.craft.co\/#website"},"datePublished":"2024-09-24T08:00:19+00:00","dateModified":"2024-09-24T08:05:40+00:00","description":"Craft.co was named a Value Leader in Spend Matters' Fall 2024 SolutionMap for supply chain risk management.","breadcrumb":{"@id":"https:\/\/global.craft.co\/newsroom\/craft-value-leader-scrm-platform-spend-matters-solutionmap\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/global.craft.co\/newsroom\/craft-value-leader-scrm-platform-spend-matters-solutionmap\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/global.craft.co\/newsroom\/craft-value-leader-scrm-platform-spend-matters-solutionmap\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/global.craft.co\/"},{"@type":"ListItem","position":2,"name":"Newsroom","item":"https:\/\/global.craft.co\/newsroom\/"},{"@type":"ListItem","position":3,"name":"Craft Named Value Leader for Supply Chain Risk Management Platform and Achieves Overall Strong Performance in Spend Matters Fall 2024 SolutionMap"}]},{"@type":"WebSite","@id":"https:\/\/global.craft.co\/#website","url":"https:\/\/global.craft.co\/","name":"Craft","description":"Your path to supply chain resilience","publisher":{"@id":"https:\/\/global.craft.co\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/global.craft.co\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/global.craft.co\/#organization","name":"Craft","url":"https:\/\/global.craft.co\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/global.craft.co\/#\/schema\/logo\/image\/","url":"https:\/\/global.craft.co\/wp-content\/uploads\/2023\/12\/Craft_logo_positive_RGB.svg","contentUrl":"https:\/\/global.craft.co\/wp-content\/uploads\/2023\/12\/Craft_logo_positive_RGB.svg","caption":"Craft"},"image":{"@id":"https:\/\/global.craft.co\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/craftdotco","https:\/\/x.com\/craftdotco","https:\/\/www.linkedin.com\/company\/craft-machine\/"]}]}},"_links":{"self":[{"href":"https:\/\/global.craft.co\/wp-json\/wp\/v2\/press\/1905","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/global.craft.co\/wp-json\/wp\/v2\/press"}],"about":[{"href":"https:\/\/global.craft.co\/wp-json\/wp\/v2\/types\/press"}],"author":[{"embeddable":true,"href":"https:\/\/global.craft.co\/wp-json\/wp\/v2\/users\/7"}],"wp:attachment":[{"href":"https:\/\/global.craft.co\/wp-json\/wp\/v2\/media?parent=1905"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}