Exiger Wins Supply Chain Innovation at Global P&SC Awards
Exiger has won the Supply Chain Innovation Award at The Global Procurement & Supply Chain Awards 2024.
“We’re honored to be recognized by Procurement Magazine and Supply Chain Digital in this year’s Global Procurement & Supply Chain Awards. We appreciate their work to spotlight exemplary partnerships and technologies in our space,” said Exiger CEO Brandon Daniels. “The inspiration behind our every innovation is our customers and we certainly share in this accomplishment with them.”
In a rapidly evolving landscape of supply chain risks, Exiger has emerged as a trailblazer in innovative risk management solutions.
The New York-based firm has rewritten the supply chain playbook, moving beyond traditional approaches to develop cutting-edge technologies and strategies.
At the heart of Exiger's innovation is 1Exiger, a pioneering single sign-on platform that offers an intuitive user experience for supply chain management. This solution empowers users to make informed decisions without fear of overlooking critical risks.
The company has also broadened the industry's risk perspective, shifting from a narrow focus on suppliers and parts to a comprehensive view of entire value chains.
Exiger's commitment to innovation is evident in its substantial investment in research and development, with 32% of annual revenue allocated to R&D.
This investment has yielded impressive results, including the development of the world's largest supply chain data network and the launch of Proactive Intelligence, an advanced AI capability that predicts future supply chain crises.
The company's efforts have garnered significant attention, securing a US$1.2bn majority investment from The Carlyle Group, Insight Partners and JMI in December 2023. This landmark investment underscores the industry's confidence in Exiger's innovative approach to supply chain risk management.
Exiger's solutions have delivered tangible benefits to its clients, including over US$1bn in cost savings amidst inflationary pressures.
The company's technology has been deployed to 550+ customers, including 150+ Fortune 500 companies and 55+ government and Defence Industrial Base clients.
Beyond financial metrics, Exiger has demonstrated a commitment to social responsibility. The firm has partnered with NGOs like Slave Free Alliance and Hope for Justice, offering its technology pro bono to combat human rights abuses in supply chains.
This holistic approach to supply chain innovation, combining technological advancement with social impact, positions Exiger as a leader in shaping the future of supply chain risk management.
The awards
Launched in 2024, The Global Procurement & Supply Chain Awards 2024 debuted at Procurement & Supply Chain LIVE London on 24, September.
The comprehensive programme acknowledges companies, professionals and projects that have demonstrated exceptional performance, innovation and strategic thinking in a multitude of categories.
The awards celebrate the best companies, professionals and projects in procurement and supply chain, and offer free entry for charities and NGOs.
“It was an honour to spotlight such a wide range of incredible companies at the inaugural Global Procurement & Supply Chain Awards,” said Glen White, CEO of BizClik, Procurement Magazine and Supply Chain Digital.
“At a time where it is crucial that companies are getting their global sourcing, risk & resilience and technology strategies right, it's important to celebrate the successes of those who have implemented and developed the key supply chain, procurement and logistics programs, especially when it has a positive impact on sustainable supply chains in the future.
“To host the awards during Procurement & Supply Chain LIVE London is an incredible moment for the sector to celebrate, we encourage many more companies to enter our Awards for 2025.
“Thanks to every company that entered - it's important that you stay focused, motivated and continuously innovative and I am excited to see so much more of Generative AI when we meet again in a year.
“And a Big Congratulations to every company who entered, those that are highly commended and of course to our 14 winners – we appreciate your input more than you know.”
The Supply Chain Innovation Award
Honouring companies that have demonstrated outstanding creativity and implemented strategies to transform their supply chain operations.
- How has the company demonstrated innovative thinking and implemented new strategies or technologies to enhance its supply chain performance?
- What supply chain improvements or advancements has the company achieved through its innovative initiatives?
- How has the company's supply chain innovation resulted in measurable benefits such as increased efficiency, cost savings, or improved customer satisfaction?
- How has the company embraced a culture of continuous improvement and fostered a climate that encourages and rewards supply chain innovation?
The shortlisted companies included:
- Exiger
- Lenovo
- Mesindus Ventures Ltd
- Ministry of Health
- Siemens AG - Smart Infrastructure
Highly Commended: Saudi Ministry of Health & Qalara
In a remarkable showcase of supply chain innovation, two companies have demonstrated significant advancements in their respective sectors. The Saudi Ministry of Health's Supply Chain Department has developed a comprehensive Control Centre to monitor and manage end-to-end supply chain processes across 300 hospitals and 2,122 primary health centres in the Kingdom.
Over two years, the Ministry implemented several cutting-edge systems, including an AI-driven platform for predicting shortages and automating stock transfers between hospitals.
This initiative has yielded impressive results, with surgery cancellations due to supply shortages dropping to less than 0.05%. The Ministry also reports a substantial increase in scheduled surgical procedures, rising from 4,000 to 12,000 per week over three years.
Meanwhile, Qalara, a subsidiary of Reliance Industries, has taken innovative steps to address global supply chain challenges in the artisanal products sector.
The company has curated a catalogue of 100,000+ responsibly produced items from ethical sellers, emphasising values such as sustainability and fair trade. Qalara's unique 'Livemark' initiative employs QR codes to provide buyers with video content detailing the craftsmanship behind each product, enhancing transparency and authenticity.
Qalara's efforts have led to measurable improvements, including a doubling of their On-Time-In-Full (OTIF) metrics in the last financial year, achieving a 98.9% value fill rate. The company has also positively impacted 125,000 artisans by connecting them with global markets across 55+ countries.
Both organisations have leveraged technology to streamline processes and improve efficiency. The Saudi Ministry of Health integrated multiple data sources to enhance operational efficiency, while Qalara developed a Freight Calculator to optimise shipments and reduce costs by up to 30%.
These innovations highlight the potential for technology-driven solutions to address complex supply chain challenges across diverse sectors.
The Global Procurement & Supply Chain Awards 2024
Thanks to our esteemed panel of industry leaders who judged the awards:
- Jim Townsend, VP of Property & Procurement at Asda
- Alisa Bornstein, Chief Procurement Officer at Visa
- Daniel Weise, Managing Director and Senior Partner at Boston Consulting Group
- Benn Godfrey, Vice President of Procurement at Rolls Royce
- Roger Waring, Head of Procurement at UK Power Networks
- Jacqui Rock, Chief Commercial Officer at NHS England
- David Loseby, Professor of Research Impact in Supply Chain Management at Leeds University Business School
- Sheri Hinish, Principal/Senior Partner, Global Consulting Sustainability Technology and Ecosystems Leader at EY
- Brooke DiNatale, SVP of Global Treasury Solutions at Mastercard
The full list of awards categories for 2024 is:
- Procurement Transformation Award
- Digital Supply Chain
- Global Logistics Award
- Supplier Diversity Award
- Supply Chain Innovation
- Supply Chain Sustainability
- Procurement Technology
- Procurement Consultancy
- Future Leader
- Executive of the Year
- Project of the Year
- Lifetime Achievement
- Social Enterprise
- Start-Up
Essential diary dates for 2024 and 2025…
Procurement & Supply Chain LIVE continues to expand its repertoire of events, with more to come in 2024 and 2025. Discover our essential diary dates below.
2024 diary dates:
- Manufacturing & Mobility LIVE | 6 November 2024
2025 diary dates:
- Procurement & Supply Chain LIVE Singapore | 11 February 2025
- Procurement & Supply Chain LIVE: Scope 3 | 5-6 March 2025
- Manufacturing & Mobility LIVE | 5-6 March 2025
- Procurement & Supply Chain LIVE Dubai | 29 April 2025
- Procurement & Supply Chain LIVE Chicago | 4-5 June 2025
- Procurement & Supply Chain LIVE London | 23-24 September 2025
- Procurement & Supply Chain Awards | 24 September 2025
- Manufacturing & Mobility LIVE Chicago | 4 November 2025
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