ESG and Sustainable Supply Chain – Sheldon Mydat, CEO of Suppeco

The Procurement Software Podcast

In this episode of the Procuretech Podcast, host James Meads is joined by old friend and procuretech founder Sheldon Mydat - CEO of Suppeco. Sheldon is here to talk about ESG and sustainability, as well as sharing his thoughts on the current digital procurement landscape.

ESG and Sustainable Supply Chain – Sheldon Mydat, CEO of Suppeco

Timestamps

2:01 Sheldon’s career to date

• A quick overview of Sheldon's career.
• How Sheldon became a startup founder.

4:18 What is the difference between the Suppeco platform and other ESG platforms?

• Nailing the jelly to the wall.
• How Suppeco differs from other ESG platforms.
• The differentiator for Suppeco is relationships.

8:37 The further you go along the supply chain, the smaller the companies become...

• Working with smaller organisations in the supply chain.
• Current challenges in the industry.

11:25 How the Suppeco platform is designed to be collaborative

• Creating a truly collaborative platform.
• Stakeholder mapping to control the flow of data.
• Third-party auditors brought straight into the platform.
• Creating a different experience for the user.

17:13 How is this different from a documents repository like SharePoint?

• Getting auditors involved in the negotiation process.
• Keeping confidentiality in a modern supply chain.
• Using live data to drive compliance.

20:06 What are the cornerstone functionalities that hang together to make this work?

• Keystone functionalities to make this work.
• The value of process automation.

22:53 What’s the future of procurement technology?

• Two approaches to implementation, fast implementation or end-to-end solution.
• E-sourcing platforms in the procurement landscape.
• Partnerships and alliances are the future of procurement technology.
• Examples of use cases for Suppeco.

28:27 The value is in the narrative, not the numbers.

• Examples of big systems driving relationship-driven performance improvement.
• Examples of smaller systems driving value.
• How to get in touch with Sheldon.

And that wraps up another episode of the Procuretech Podcast. Thanks to Sheldon for sharing his thoughts with us today, and big thanks to you for listening. We'll be back at the same time next week, so see you there! If you want to learn more about Sheldon, Suppeco or Procurement Software, check out the useful links below.

Stay in touch!

• Connect with Sheldon on LinkedIn
• Check out Suppeco
• Download our Tech Map for Enterprise
• Download our Tech Map for Mid-Market
• Download our Tech Map for SMEs
• Find your perfect procurement tech solution in our Software Finder app
• Sign up for the Procurement Software Newsletter
• Book an Intro Call and let’s talk all things Digital Procurement!
• Connect with James on LinkedIn