Supplier Risk

Business Challenge        Key Features      Business Benefits

With fast moving economic cycles, suppliers in all geographies are at risk of going out of business. The problem is exacerbated by the fact that companies have increased outsourcing over the last decade and are ever more dependent on their suppliers. In these turbulent times, supplier risk information provided by standardized services such as D&B can become outdated and insufficient to manage supplier risk.

In addition to financial and geo-political risks, supplier risk spans multiple functional areas such as purchasing, quality, environment, health and safety (EHS), logistics, manufacturing, legal compliance (government watch lists) and intellectual property protection. As these departments interact their counterparts at supplier organizations, supplier risk information quickly get scattered across disparate systems leading to following key issues:
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