Vizibl - Procurement Technology - Slicing the Market and Market Map. Why we fell in love with Procurement At Paua Ventures we always ask ourselves: Where will the next wave of disruption hit shore?
After investments in Sales (Pipedrive), Payments (Stripe) or Marketing Automation (Outfunnel), we are currently taking a closer look at procurement. Why (now)? Spend Matters 50 Watch/50 Know Map. PeakSpan Capital and Art of Procurement 2021 ProcureTech Market Map. The Paua ProcureTech-Landscape v02. Again: There is lots & lots of opportunity to capture in Procurement-Land.
However, there are a couple of areas that I think are especially exciting to look at as a VC. While I see less potential in what I call “ProcureTech 1.0” , e.g. workflow tools & “systems of record” that have been created throughout the last decade or so (think suites like Ariba & Co. — Kearny takes a similar stance here) — I expect a lot of magic to be unlocked where data is bubbling but not leveraged in an intelligent way.
The good news: Within procurement, there is data bubbling left and right. Kearney, Procurement Foundry and Fairmarkit - Procurement Technology Innovation Map. Procurement Leaders - Procurement Technology Landscape - Free Download. Bessemer Modern Supply Chain Software Market Map - Scroll Down for Map. Most people don’t think about supply chains in their day-to-day lives, but they feel their impact when systems go awry.
Whether these problems manifest in furniture delivery delays, toilet paper shortages, or higher prices for used cars, supply chains are foundational to everyday life and critical to how global industries and governments operate. Yet, by and large, supply chain management remains inefficient, with very little in the way of innovative and modern software. At Bessemer, we’ve been thinking deeply about innovation in supply chains since 2017, when we made our first investment in Shippo, the leading provider of multi-carrier shipping rates for e-commerce vendors. As we developed our B2B marketplaces roadmap in 2020, we found opportunities for disruption in high-friction markets, including logistics and freight, which ultimately inspired us to back Cargo.one, a digital bookings platform for the air freight industry.
European Supply Chain Management Startup Landscape. The spread of the Covid-19 pandemic has caused an external shock to the global economy and interrupted the supply chain in nearly every industry.
The pandemic is a power boost for digitalization of supply chain management tools and accelerates trends that were already forming the future of a market. Supply chains are the backbone of the global economy, which so far was mainly fueled by globalization and international trade. Covid-19 has shown, the real need for flexibility and resilience in supply chains & that (besides being cost-efficient) the supply chains of the future need to be transparent and robust but flexible at the same time to cope with adverse events like a global virus.
I wanted to take a deeper look at relevant players in the European market and the future of supply chains post-pandemic. The European Supply Chain Management Tech Stack. The Sustainable Supply Chains Challenge Landscape Map By AB InBev, Good Company, and Deloitte Catalyst. Contract Tech - Legal Evolution. Sophisticated investors are betting on contract tech.
It’s about business, not the intricacies or importance of law. Today’s post (256) and last week’s (255) are a two-part series on the burgeoning legal tech sector. Whereas Post 255 focused on the explosion in the legal technology market over the past year—five new #Legaltech Unicorns, three companies go public—this post looks contract tech, which is arguably legal tech’s hottest subsector. According to data from Raymond James, $1.4B was invested in legal technology companies during the first half of 2021. See Richard Tromans, “Legal Tech Funding Hits $1.4BN, While M&A Soars (Updated),” Artificial Lawyer, Aug 2, 2021 (discussing and analyzing data). eComm Supply Chain Tech. In this series, we dive into technologies and industries we’re excited about, going deep into their change drivers and stakeholders while exploring investment trends and opportunities through an early-stage lens.
By: Jess Schram, Columbia Business School Venture Fellow Sector: e-commerce enablement: supply chain tech In a sentence: The future of eComm-enabled supply chain refers to a series of trends and advancements that are helping online retailers improve their logistics processes to operate faster, more efficiently, and more transparently in the wake of changing consumer expectations. Size and scope: While COVID-19’s disruption alerted businesses to the importance of supply chain resilience, pandemic-related interruptions were not the beginning of these issues. Supply Chain Management.