Your time is valuable. “Right-size” monitoring keeps you focused on risks based on impact.
Your company has worked with your strategic suppliers for years, how could they pose risk?
What if the risk is something that your supplier is not in control of like an environmental event or country instability.
With Risk Management you can identify this risk and act before the disruption takes hold of your supply chain.
Each supplier type has different types of risk. Identifying issues across your supply chain with a blanket approach will only prompt false positive and hide real dangers.
Risk Management’s configurability can assess each supplier based on supplier type thresholds with 650+ integrated data sources to continuously monitor suppliers and prevent disruptions.
With thousands of long tail suppliers, validating their identity and reputation can quickly fall to the wayside.
Risk Management can automatically check that your suppliers pass your business standards by identifying prohibited vendors, criminal convictions, and anything else that can turn a long tail supplier into a crisis.