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Chain IQ Group AG
An independent, global service company providing strategic, tactical and operational procurement for its clients.
Company Information
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Conpas Rating

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Overview

Chain IQ is a global AI-driven independent indirect procurement service company, founded in 2013, providing strategic, tactical and operational procurement across 49+ countries for 60+ clients.

Groups

Number of Employees

501-1,000

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Services Provided

ConsultingDigital Solutions

Capabilities
Industries
Serviced Businesses
Footprint
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Regions

Asia, Europe, North America

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Countries

India, Japan, Poland, Romania, Singapore, Switzerland, United Kingdom, United States Of America

Additional Information
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Year of foundation

2013

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Structure

Privately Held

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Industry

Professional Services

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About

About Us

Turning Non-Strategic Spend Into Strategic Company Value

Founded in 2013 and headquartered in Baar, Switzerland, Chain IQ Group AG is a leading global independent indirect procurement service company. We operate from 6 main centers and 16 offices worldwide — with hubs in Zurich, New York, London, Singapore, Mumbai and Bucharest — servicing more than 60 clients across 49 countries. Our growing team of 700+ procurement experts generates significant value by bundling purchasing power, digitalizing procurement processes and achieving the latest ESG standards. We commit to 40% accumulated savings of our clients' annual indirect spend over five years — transforming non-strategic costs into strategic company value.

Who we are

Pure-Play Procurement Professionals, Globally Connected

We are a pure-play procurement professional services firm — entrepreneurs who are globally connected and locally anchored. Our culture is built on teaming, respect and care, and we champion an inclusive, diverse environment where every voice matters. Certified as a Great Place To Work in Switzerland, the United States, the United Kingdom, Singapore, Romania, Poland and China, we are proud that our people thrive alongside our clients. Life at Chain IQ is different every day — new challenges tackled by a team of like-minded professionals who are passionate about procurement.

What we do

End-to-End Indirect Procurement, Simply Smart

We provide comprehensive end-to-end indirect procurement services organized around three pillars: Business Procurement Outsourcing (BPO), Consortia Buying and Procurement Advisory Services. From strategic sourcing and category management to Source-to-Contract and Source-to-Pay transformation, we combine deep domain expertise, collective purchasing power and AI-driven technology to drive cost savings, resilience, sustainability and world-class digitalization across our clients' procurement functions.

Our Purpose

Non-Core for You. Core for Us.

Our purpose is to transform non-strategic procurement costs into strategic business value. It has always been our vision to be recognized as the world's leading independent provider of indirect procurement services — achieving this by building an exceptional team of talented thought leaders and an environment where our people can thrive. Simply smart.

Our Values

The Spirit of Chain IQ

Our values of respect, care and teaming form the basis of our corporate culture. We foster a culture of growth, bold thinking and entrepreneurial ownership. Client centricity is at our core — we listen to our clients' business goals daily, and market and supplier expertise matters only when it yields real results for the people we serve.

Why working with us

Unrivalled Purchasing Power. Proven Domain Expertise.

Chain IQ delivers what no single company procurement team can replicate. With over 600 procurement specialists across 40+ categories, we provide purchasing power far beyond your company boundaries. Our Smart Joint Sourcing model bundles indirect spend volumes across clients, delivering 15–30% sustainable savings. Recognised as a Star Performer in the Everest Group PEAK Matrix® Assessments for Procurement Outsourcing and Source-to-Contract Services in 2020, 2021, 2022 and 2024, and ISO 9001 certified, we are supplier-independent and always client-centric — zero remuneration from the supply market.

Sustainability

Procurement With a Conscience

Chain IQ's vision for ESG is to deliver an environmentally and socially conscious procurement service. As a member of the United Nations Global Compact since 2016, we take corporate citizenship seriously across all levels and functions. Our dedicated International ESG Advisory Board — uniting senior leaders from global finance, procurement, regulation and academia — embeds sustainability, ethics and resilience across the value chain. We embed environmental and social standards directly into our clients' sourcing and procurement supply chains.

Community & Impact

Giving Back, Together

We are passionate and committed to giving back to our communities. In the US, our team participated in a Volunteer Day honoring Juneteenth, partnering with local community organizations to create positive impact through a variety of projects. Community engagement is part of who we are as a global team.

Inclusion & Diversity

Championing Diversity Across Every Location

We have created an inclusive and diverse environment with a modern workplace policy. Chain IQ champions diversity and welcomes new ideas, opinions and outlooks across all of our global offices. We are Great Place To Work certified in Switzerland, the United States, the United Kingdom, Singapore, Romania, Poland and China — a reflection of our commitment to building a healthy, rewarding and inclusive environment for all employees worldwide.

Awards & Accreditations

Recognised for Excellence in Procurement

Chain IQ Group AG has been recognized as a Star Performer in the Everest Group PEAK Matrix® Assessments for Procurement Outsourcing (PO) Services and Source-to-Contract (S2C) Services in 2020, 2021, 2022 and 2024. Additional recognitions include the SAP Silver Quality Award 2021 – Rapid Time to Valu... See more

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