Today, Forrester has named Coupa as a leader in the Forrester Wave™: Collaborative Supply Networks, Q4 2024. This report aims to help executives understand the role of CSNs in improving supply chain resilience and sustainability. CSNs facilitate demand, fulfillment, and supply collaboration between organizations and their supplier networks. Coupa is thrilled to be named a leader in this report.
According to the report, “Coupa differentiates in supply chain design and planning.” Reference customers also commended Coupa’s scalability and effectiveness in boosting supply chain resilience and sustainability.
The Forrester report goes on to say the following about Coupa: “The firm offers superior intelligent order management with scenario modeling and search for the best fulfillment option to balance landing cost, lead time, and environmental impact at the order and order group level.”
Why collaborative supply networks matter for the future of supply chains
Coupa believes that creating agile, collaborative supply networks is crucial for managing supply chain costs, achieving customer satisfaction, managing risk, and navigating a complex macroeconomic environment. By embracing an AI-powered CSN platform, enterprises can adapt easily to change, and optimally plan, source, contract, and transact goods and services to drive margin growth while complying with evolving global regulations.
Coupa’s vision includes deepening capabilities to the multi-tier supply chain in a single, AI-driven platform capable of driving fast, measurable results. Because changes are inevitable, supply chains must be able to predict and act on disruptions before they occur. Coupa enables this through the Adaptive Supply Chain, enabling resiliency, collaboration, and optimizing efficiencies that deliver a margin multiplier effect across the entire supply chain network.
How does a unified Total Spend Management platform accelerate collaborative supply networks?
If siloed information represents one challenge companies face, then placing all of that information in one AI-powered platform can help solve that challenge. Coupa believes this level of visibility and information sharing can help companies identify risks, spot errors faster, improve business performance, and optimize areas of their supply chain. Further, AI-driven decision support capabilities integrate procurement with the supply chain based on important network data.
In this way, Coupa accelerates digital transformation in CSNs by strengthening collaboration between buyers and suppliers with a unique, comprehensive suite that helps them achieve durable, efficient, sustainable, and profitable growth.
