Procurement Magazine: ‘Graphite is Revolutionising Supplier Management’

With a unique offering to supplier management, Graphite Connect looks set to transform the landscape

Graphite Connect and its efforts to transform the supplier management landscape is featured in May’s edition of Procurement Magazine. 

Conrad Smith, Founder and CEO at Graphite Connect, spoke exclusively to the publication about how his company is addressing the traditional methods of supplier information management, which are plaguing businesses with inefficiencies, fraud risks and wasted resources. Conrad says Graphite’s network architecture can fundamentally transform how procurement teams manage suppliers and their data.

Founded in 2018, Graphite Connect delivers a bold alternative to traditional supplier management. The platform’s patented network architecture allows organizations to connect to verified supplier profiles — instantly updating critical information across all connected partners — eliminating the slow, manual processes that plague legacy procurement.

“Our industry has operated the same way for decades — spreadsheets, emails, manual verifications — and it’s no longer sustainable,” said Conrad Smith, Founder and CEO of Graphite Connect. “Graphite was built to end that cycle. We are built by procurement for procurement — combining deep domain expertise with a scalable, future-proof network.”

Key innovations highlighted in the feature include:

• Supplier onboarding reduced by over 85% through shared supplier profiles.
• Network protection that flags high-risk vendor activities, significantly reducing fraud exposure.
• AI-driven profile population, supplier document validation, and supplier search, enabling faster and smarter procurement decisions.
• Micro-network ecosystems, helping industries like media, healthcare, and aerospace rapidly connect with pre-validated suppliers.

Graphite’s network already supports over 1 million profile updates every month, driving real-time, secure supplier collaboration for leading enterprises.

The company’s customer-first model was also spotlighted, with procurement leaders like Paramount crediting Graphite with dramatically accelerating their supplier onboarding while improving compliance and risk visibility.

“Supplier data is the foundation of procurement’s strategic future,” Smith added. “With Graphite Connect, procurement teams are finally equipped with the speed, security, and intelligence they need to deliver real business value.”

You can read the report in the latest issue of Procurement Magazine by clicking here. 

About Procurement Magazine 

Procurement Magazine connects leading procurement executives representing the world’s largest brands. The platform offers a wide range of services including media and advertising, events, research reports, demand generation, information and data services. With its comprehensive approach, Procurement Magazine strives to provide timely and valuable insights into best practices, innovation and collaboration within the procurement community.