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Key people at State of Flux.
State of Flux is a global consultancy focused on procurement and supply chain optimization, specializing in comprehensive supplier relationship management (SRM). It delivers consulting, training, and proprietary SupplierBase technology, helping organizations enhance value and mitigate risk across supplier ecosystems. Their approach leverages expertise and research for contract lifecycle, category management, and strategic sourcing.
Alan Day founded the company in London in 2004. His insight came from extensive consulting, noting a market need for dedicated solutions to strategically manage and optimize supplier relationships. This drove development of a structured framework and technological offering, transforming how businesses engage critical external partners.
State of Flux serves enterprises improving procurement and external collaborations. Its vision empowers companies to unlock greater value from supplier engagements, fostering collaborative partnerships. This translates superior supplier management into enhanced operational performance and customer outcomes.
State of Flux is a global procurement and supply chain consultancy founded in 2004 and headquartered in London, with offices in Chicago, Sydney, and across Europe, the US, and Asia Pacific. It specializes in supplier relationship management (SRM), contract lifecycle management, category management, strategic sourcing, and related services, including training and its proprietary SupplierBase software, serving multinational corporations, public sector organizations, and high-growth companies.[1][2][3][4][5][7] The firm emphasizes creating mutual value through supplier partnerships, backed by proprietary research like its annual SRM benchmarks and themes such as "Return on Relationships" (RoR), which prioritizes holistic benefits like risk management, innovation, and sustainability over pure cost savings.[1][5]
With approximately 53-82 employees and annual revenue around $22.8-22.9 million as of 2025, State of Flux positions itself as a market leader in unlocking financial and non-financial value from supply chains, helping clients enhance resilience, transparency, and performance.[2][4][5]
State of Flux was established in 2004 in London as a specialist in procurement and supply chain consultancy, quickly gaining recognition as a global expert in SRM.[2][3][4][6][7] Over more than 20 years, it has evolved from core consulting services to a comprehensive offering that includes market-leading research, hands-on training, and technology solutions like SupplierBase, a supplier management platform.[1][5][7] Key figures include Nick Hyner, Managing Director for Europe, leading a dynamic team of procurement experts with diverse backgrounds united by a client-focused, innovative approach.[2][7] Pivotal moments include expanding to over 800 benchmark participants in its 12th annual SRM report and sustaining growth amid global supply chain challenges, solidifying its role for multinational and public sector clients.[1][4]
State of Flux rides the wave of supply chain digitization and resilience trends, amplified by post-pandemic disruptions, geopolitical tensions, and sustainability mandates, where SRM is key to balancing cost, innovation, and risk. Its timing aligns with rising demand for cloud-native tools like SupplierBase, which provide visibility and stakeholder collaboration amid volatile global markets.[1][3][5] Market forces favoring it include procurement's strategic elevation—procurement leaders now drive SRM for organizational thriving—and a shift toward treating suppliers as partners, not commodities, countering RFP mistreatment pitfalls.[1] The firm influences the ecosystem by benchmarking 800+ organizations, publishing research on topics like sales-procurement collaboration, and enabling clients to optimize supply chains, indirectly shaping industry standards for transparency and mutual value in manufacturing, pharma, and beyond.[1][3][5][6]
State of Flux is poised to expand its SupplierBase platform adoption amid accelerating AI-driven procurement analytics and ESG pressures, potentially growing revenue through deeper tech integrations and global benchmarks. Trends like supply chain automation, real-time risk monitoring, and collaborative ecosystems will propel demand for its SRM expertise, evolving its influence from consultancy to indispensable tech-enabled partner for resilient enterprises. As procurement cements its boardroom role, State of Flux's focus on relationships over transactions positions it to thrive in an era where supplier partnerships define competitive edges—echoing its foundational mission to unlock sustainable advantage.
Key people at State of Flux.
