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Global economic instability …political turmoil … supplier bankruptcies …. Declining quality and performance… the list goes on. In this volatile market, purchasing professionals are being asked to protect their companies from these intensifying supplier risks – and at the same time, preserve and manage cashflow.
Supplier Lifecycle Risk Management automates the entire process of identifying, qualifying, registering, auditing and managing suppliers. This powerful risk management solution can help you more efficiently and effectively manage your supply base, reduce risk and proactively react to changes in the market.
D&B Supplier Lifecyle Risk Management can help you:
- Mitigate supply risk by monitoring supplier financial performance, criminal records, and terrorist involvement
- Protect brands and shareholders by providing early warning of potential supplier non-compliance
- Create operational procurement savings by lowering the costs to register and manage suppliers with the option for a self-funded, supplier-paid model
- Deploy resources most effectively to the highest value areas including the proactive development of at-risk, strategic suppliers
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