Supply Chain Digital Magazine February 2023 | Page 74

iQuantum is a global technology platform that uses AI & ML to enable innovation and procurement focusing on supplier diversity and ESG
IQUANTUM

iQuantum is a global technology platform that uses AI & ML to enable innovation and procurement focusing on supplier diversity and ESG

Hetal Mehta is the founder and CEO of iQuantum Inc ., a modular , modern procurement platform . As the leader of iQuantum ’ s woman and minority owned business , Hetal works closely with all internal teams , customers , partners , and the iQuantum Advisory Board of industry champions and practitioners .

Hetal Mehta ’ s journey into the industry For many years , Mehta worked as a developer and consultant to procurement teams . Through that experience she recognised the need for a more sophisticated and user-friendly procurement solution , “ one that does all the efficient and effective consolidations , automation and workflows – but also helps guide alignment between buying decisions and larger strategic corporate goals like increased diversity ,” she says .
“ My in-depth experience and understanding of supplier diversity led me to realise that customers struggle with finding appropriate suppliers and are prone to continuing business with existing ones – even if that is not ideal .
“ With iQuantum our goal is to leverage machine learning and AI to provide a modern procurement platform with access to the largest global supplier database that includes diverse and sustainable supplier options . This helps customers build a more resilient and robust supply chain .”
iQuantum ’ s unique selling point iQuantum Inc . is a modern Source-to-Pay platform designed to meet today ’ s procurement needs for Supplier Relationship Management , Diversity and ESG Sustainability tracking and reporting . They provide the tools and transparency to align spend decisions to strategic corporate goals .
74 February 2023