Protect your company’s reputation and revenue from the first time you engage with a supplier and throughout the supplier lifecycle.
Protect your company’s reputation and revenue from the first time you engage with a supplier and throughout the supplier lifecycle.
Your P2P expert that knows everything, guides human behavior and takes immediate action on your behalf.
The highest level of protection against phishing and fraud. Users can securely login without needing to enter a password.
Strength in unity. There are no problems we cannot solve, together.
Our purpose-built and configurable platform brings together everything your company needs to optimize your supply base.
Explore e-books, white papers, customer-led webinars and more.
To positively impact the lives and careers of our associates, customers and partners.
Icon is an exclusive conference attended by leaders of best-in-class, global financial shared services, accounts payable, procurement, post-audit and supplier governance, and risk and compliance organizations.
March 16-18, 2025
Advice to companies facing supply chain disruptions
The trade journal TechRepublic has taken a deep dive into the business disruptions caused by the coronavirus. Reporter Veronica Combs notes that with just-in-time manufacturing and low inventory levels, even a short supply chain disruption can lead to costly delays. That makes coping strategies a must.
Danny Thompson, APEX Analytix SVP of market and product strategy, was among the experts Combs interviewed. He suggested working with suppliers to create a game plan before the next disruption is on the horizon. “Conducting risk assessments and continuous monitoring for risks associated with your suppliers are key first steps,” Thompson said. “Then determine which alternative vendors can fill in as a replacement.”
He also suggested several near-term strategies for maintaining relationships with valued suppliers in countries affected by coronavirus – from making early invoice payments to having transparent conversations about alternate supply routes.
To find out more, read the article Coronavirus adds uncertainty and cost to tech company supply chains.
Fill out our contact form and we will be in touch shortly to discuss how we can help.