 |
The Procurement Software PodcastA podcast on procurement tech, for visionaries and change-makers Author: James Meads
Procurement software, or "Procuretech", is a game changer. A key enabler and driver of rapid change in the profession. Want to find out how to significantly improve your operational efficiency and enable more to be done with fewer resources? This show is for Procurement, Purchasing, Supply Chain and Finance professionals, as well as C-Suite executives. We showcase all the best new software and bring you the latest trends and thought leadership from both myself and other industry leaders. We'll show you how technology can drive a competitive advantage. Show notes and further info available at: https://procurementsoftware.site/podcast Follow us on LinkedIn https://www.linkedin.com/company/procsoft Connect with me at: https://linkedin.com/in/james-meads/ Book an intro call here: https://calendly.com/jamesmeads/30-minute-intro-call Language: en Genres: Business, Management, Technology Contact email: Get it Feed URL: Get it iTunes ID: Get it |
Listen Now...
Revolutionising Supplier Performance Data - Matthew Spencer from FlockScore
Episode 8
Wednesday, 19 November, 2025
In this episode of The Procurement Software Podcast, James Meads welcomes Matthew Spencer, procurement veteran and founder of FlockScore, a newly launched startup rethinking how supplier performance is captured and shared across industrial supply chains.Matthew brings a rare perspective as a procurement practitioner-turned-founder, having led SRM and sustainability at Bekaert Group before identifying a critical market gap: supplier scorecards were siloed, static, and lacked ecosystem-level insight. FlockScore aims to change that, offering a collaborative, AI-powered model for tracking supplier performance.Can we really crowdsource Supplier Performance Data?We unpack how FlockScore’s “open contribute-to-access” model lets procurement teams upload anonymised supplier performance data in exchange for aggregated, comparative insights. Matthew explains how AI agents enrich these insights by scanning public sources for issues like recalls, shutdowns, or delivery disruptions, without exposing contributor identity.Also discussed in this episode:Why supplier performance often takes a backseat to compliance and innovationThe limits of traditional scorecards and why category-specific metrics matterHow FlockScore enhances, not replaces existing SRM and S2P systemsWhy soft supplier feedback from stakeholders should be part of every scorecardWhat makes FlockScore different from review platforms and peer benchmarkingA fascinating deep dive into how collective intelligence and AI are reshaping supplier evaluation, built for procurement, by procurement.Timestamps:[00:01] Intro to Matthew Spencer, FlockScore[01:14] Matthew’s background[02:18] FlockScore analogy[03:44] The “aha” moment and data gap externally[06:02] Why supplier performance management is underrated today[11:27] Engaging stakeholders effectively[13:04] Open contribute-to-access model and credits[18:50] FlockScore’s AI and difference to traditional tools offerings[23:37] Cultural and category differences, flexible taxonomy and future vision for procurementAnd that wraps up another episode of The Procurement Software Podcast!Thanks again for listening, and do please leave us a review on Apple Podcasts or rate us on Spotify. Every one helps!We'll be back at the same time next month, so see you there.If you want to learn more about Procurement Software, check out the useful links below.Stay in touch!Connect with Matthew Spencer on LinkedInCheck out FlockScoreDownload our Tech Map for EnterpriseDownload our Tech Map for Mid-MarketDownload our Tech Map for SMEsFind your perfect procurement tech solution in our Software Finder appSign up for the Entproc NewsletterBook an Intro Call and let’s talk all things Digital Procurement!
