SDI

The Digital Supply Chain Company

SDI and Fairmarkit Launch Fairmarkit Managed, powered by SDI: Revolutionizing Tail Spend Management

BRISTOL, PA. AND BOSTON (PRWEB) JULY 18, 2023

Today, Fairmarkit, the pioneering autonomous sourcing platform, and SDI, the foremost digital supply chain services provider with 50 plus years of experience in Maintenance, Repair and Operations (MRO) management, proudly announce the debut of Fairmarkit Managed, powered by SDI.

Fairmarkit Managed is the groundbreaking culmination of Fairmarkit and SDI’s joint dedication to innovation and supply chain enhancement. The service shines a spotlight on tail spend — an area traditionally undermanaged — promising extensive savings, procurement simplicity, and an accelerated digital procurement transformation.

Kevin Frechette, Co-founder and CEO of Fairmarkit, stated, “Our mission has always been to empower procurement teams through automation and data, freeing them from outdated technology and tedious manual processes. Fairmarkit Managed, powered by SDI, elevates this mission, allowing organizations to revolutionize tail spend management, providing significant impact with minimal disruption.”

Chris Moore, CEO of SDI, echoed these sentiments, saying, “Our partnership with Fairmarkit heralds an exhilarating phase in our mission to help clients optimize their MRO management. Fairmarkit Managed underscores our commitment to fostering change and innovation within the industry. Together with Fairmarkit’s technology, we’re offering businesses a distinctive chance to achieve substantial savings and progress towards autonomous sourcing.”

“Fairmarkit Managed is the groundbreaking culmination of Fairmarkit and SDI’s joint dedication to innovation and supply chain enhancement.”

Fairmarkit Managed, powered by SDI, is designed with the end-user at the forefront. It delivers a B2C-like experience for B2B users, utilizing Fairmarkit’s vast marketplace of suppliers, coupled with SDI’s comprehensive MRO supply chain expertise. Customers can anticipate increased speed, agility, transparency, and guaranteed outcomes.

Fairmarkit Managed is not solely about managing tail spend — it’s about reshaping the entire procurement process. This solution provides organizations a straightforward, low-risk avenue to start their journey towards autonomous sourcing. Moore and Frechette will host a Zoom Webinar to discuss the power of collaboration in procurement on August 9th at 1pm EST. Register now to hear their insights on evolving to a future-ready procurement strategy: Accelerating Digital Transformation — The Power of Collaboration in Procurement.

About Fairmarkit

Fairmarkit is the autonomous sourcing platform that empowers organizations to more efficiently purchase the goods and services they need. By equipping procurement and supply-chain teams with automation and data, Fairmarkit promotes competitive bidding while reducing manual work within existing processes. Leveraged across a number of industries by innovative procurement departments, Fairmarkit aims to revolutionize the way organizations make purchases. Learn more at: https://www.fairmarkit.com

About SDI

For the past 50 years, SDI has specialized in integrated parts management, transforming procurement and warehouse management solutions across industries, partnering with progressive supply chain leaders such as Blue Diamond Growers, American Airlines, Walmart, and the New York City Department of Education. Utilizing the ZEUS Digital Supply Chain Management platform, SDI enhances operational efficiency, leading the revolution towards a smarter, more sustainable supply chain future. To learn more about SDI’s digital transformation strategies and innovative solutions, visit https://www.sdi.com.

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