Identify supplier risks at an early stage and maximize your savings
With an organisations’ supplier strategy becoming even more critical to their strategic
success, you need to be confident that you have a complete and timely view of all
risks and relationships across your supplier portfolio. You want a single, clean
supplier database and it's extremely important for you understand and limit the
supply chain risk with regard to supply chain interruptions, critical supplier going
bankrupt, and sustainability of suppliers.
Our solutions are based on the following four principles
- Certify:assess new suppliers and re-look at the existing ones
- Monitor: check your database pro-actively to avoid exposure to risks.
- Analyse:Create a ‘spend cube’ to determine how much you purchase and
from which companies./ use external data for a better insight into your database
- Mitigate: build nets by regularly following up suppliers and keeping
alternatives in reserve.
Select and manage the most reliable suppliers to protect your business against risk,
prevent business disruption, and meet diversity, green, and compliance requirements.
Stay on top of all the factors that impact a supplier’s ability to deliver – financial,
environmental, and political
million businesses globally
Dun & Bradstreet’s Supplier Risk Management Solutions provide you with access
to our leading insight and information on over 265 million businesses globally.
Integrating this information into your existing processes and supplier management
systems can help you to protect your business against risk, prevent business disruption, and meet compliance requirements to ensure complete and timely view of all risks and relationships across your supplier portfolio.
Proactively identify and manage risk across your supplier portfolio
Dun & Bradstreet has developed a range of capabilities and decision ready insights
to help you understand the risks across your supplier portfolio. We provide a range
of insight and data allowing you to identify and measure risks including:
Segmentation of your supplier portfolio against the criticality to your value chain
Identification of corporate structures and associations with each supplier in your
Knowing the financial strength and weaknesses of your suppliers and at your portfolio
Quantify risk groups associated with your supplier portfolio, industry, spend category,
country, business failure, payment patterns, etc.
Benchmarking your suppliers performance and risk against their piers
Cleanliness of your core supplier ledger information to ensure the base integrity
of your data records is sound