Chain IQ wins Supply Chain Award at the SBR International Business Awards 2025

The company is driving innovation, value creation, and sustainability in global indirect procurement.

Chain IQ has been honoured with the prestigious Supply Chain Award at the SBR International Business Awards 2025, reaffirming its position as a global leader in indirect procurement services and a strategic partner for organisations aiming to unlock long-term value.

Founded in 2014, Chain IQ now supports over 55 clients across 49 countries, managing a total spend of US$60b through a highly specialised team of nearly 700 procurement professionals. Its ability to consistently deliver up to 15% in annual bottom-line savings is enabled by a modular service model that integrates end-to-end procurement operations, consulting, and digital enablement.

Central to Chain IQ’s success is its advanced digital ecosystem. Its proprietary Knowledge Hub consolidates global sourcing intelligence, whilst the Smart Connect platform merges cutting-edge AI-driven technology with deep procurement expertise to deliver a seamless, resilient, and data-driven source-to-pay process.

By leveraging artificial intelligence, Chain IQ enhances decision-making by analysing historical procurement data to predict trends, identify opportunities, and recommend actionable strategies. These digital capabilities continue to drive transformative outcomes across a range of sectors.

Recent strategic partnerships highlight the impact of this approach. In the telecommunications sector, Chain IQ achieved sustained savings exceeding 10% by implementing solutions based on market intelligence, data analytics, and negotiation strategy. In the broadband and infrastructure space, it designed and executed a SG$40m fibre cable package that delivered over 12% in bottom-line savings.

Sustainability remains a strategic pillar of Chain IQ’s mission. A signatory of the United Nations Global Compact since 2016, the firm embeds environmental, social, and governance (ESG) principles into every facet of its sourcing and procurement practices, ensuring responsible and future-ready supply chains.

People are at the core of Chain IQ’s continued success. Recognised as a Great Place to Work in Singapore and other key locations, the company fosters a high-performance culture rooted in collaboration, inclusion, and continuous development.

The SBR International Business Awards celebrate the achievements of international companies contributing to Singapore’s dynamic business environment. This award reflects Chain IQ’s steadfast commitment to procurement excellence, digital innovation, and the creation of sustainable value for clients and communities worldwide.

The SBR International Business Awards is presented by Singapore Business Review Magazine. To view the full list of winners, click here. If you want to join the 2026 awards programme and be acclaimed for your company's outstanding contributions in Singapore's vibrant business landscape, please contact Jane Patiag at [email protected].