Supply chains are becoming more complex, and technical compliance requirements more demanding. By obtaining and managing critical data digitally, streamlining processes whilst maintaining assurance can be a reality.
Integrated, centralised supplier risk management
Standardise supplier approval and audit processes, ranging from document management, remote assessments, product specifications and KPI performance within one platform to promote cross-functional working, improve accuracy and save resource.
Mitigate common risks in your supply chains
Reputational risk – caused by poor supply chain ethics, delays in delivery, or poor quality service and product
Regulatory risk – caused by non-compliance in regards to any sourcing, outsourcing or offshoring within your supply chain
Resilience risk – caused when supplier failure has an impact on your overall ability to deliver to
Commercial risk – financial loss caused by poor supply chain management or reputational damage impacting clients and consumers
Information security & privacy risk – occurs when any sensitive data is compromised through a cyber security breach or failure from a supplier
Physical to digital supplier auditing
Conduct due diligence investigations within supply chains using custom digital assessments to centralise and compare supplier responses, using real-time insight to drive positive change and mitigate risk.
Track supplier status against key assurance schemes including...
Collaborate with suppliers to improve risk management
Engage with suppliers throughout supply chains, using live data to collectively resolve incidents, meet policy requirements and more, whilst driving continuous improvement via risk scorecards and benchmarking tools.