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Supplier Risk Management Priorities

Learn about the core strategies that will help your business withstand longer-term supply chain disruption

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Building Resilient and Efficient Supply Chains

In a volatile, uncertain business environment, procurement and supply management are rapidly evolving. Achieving cost savings is still important, but these organizations are increasingly accountable for making their businesses more stable, competitive, and innovative. Supply teams are being evaluated by the effectiveness of their supplier risk management strategy, as well as their ability to maintain strong supply chains and contribute to sustainable enterprise growth strategies. 

Thought Leadership
How COVID Has Made Continuously Monitored Supply Chain Data a Must-Have

The world has changed. Learn how continuously monitored data can help you understand how those changes are affecting your supply operations.

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Supply Chain Risk Assessment

Persistent supply chain disruption is challenging business stability. Procurement and supply management teams need comprehensive data and analytical tools that will empower them to assess and reduce supplier risk while improving supplier and vendor management. 

With the right data and risk management solutions, procurement and supply leaders can answer critical questions about suppliers and third parties, such as:

  • Is this a stable company that can be relied upon to provide us with goods or services?

  • Are there risks associated with this company’s location, ownership, or previous business practices?

  • How quickly can we pivot to an alternative supplier if this one fails us?
     

Improving the Supplier Selection Process

Sourcing and supplier selection can be a lengthy, tedious process requiring labor-intensive research and data gathering. Dun & Bradstreet offers procurement professionals one true source of supplier insights, including proprietary risk and financial scores. Our industry-leading screening tools go deep beneath the superficial data to uncover hidden supplier risks and help you better manage supplier relationships.

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Manage Supplier Risks with the Most Comprehensive Data Available

Monitor Supplier Risks in Near Real-Time

You don’t have time to wait days or weeks for accurate supplier intelligence. Our data and insights are updated in near real-time — whether you get them through API integration or through our world-class SaaS solutions like D&B Risk Analytics.

Gathered from the Dun & Bradstreet Data Cloud, our data is updated billions of times a year, giving you the proactive advantage as you strive to mitigate changing risk factors.

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Streamline Screening with the Power of Artificial Intelligence

Dun & Bradstreet helps you screen suppliers against thousands of trusted sources — including global watch lists and sanctions, politically exposed persons (PEP) lists, and global adverse media.

We use a military-grade cognitive AI engine and machine learning to streamline your screening process, reducing costs and saving you time. This advanced technology helps reduce false positives, fine-tunes searches, and delivers relevant results.

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Shift from Cost Center to Value Center

Our data and tools help you achieve the most cost-effective supplier selections while mitigating supplier risk — a potent formula that can have a direct, positive impact on your bottom line.

Supplier risk insights, geo-location, shipping data, and financial statements along with automated workflows and supplier monitoring solutions help supply teams navigate secondary supply chains — and gain competitive advantage — even during times of global uncertainty.

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Foster Supply Chain Diversity

Supply chain diversity has been shown to help enterprises increase supply chain resilience, implement ethical sourcing, and promote healthy supplier competition that drives down costs.

Dun & Bradstreet provides a comprehensive source of supplier diversity data on more than 5.5 million business listings to help you locate diverse suppliers more easily and build strategic opportunities.