Added; 07/09/2015

We're featured in The Guardian's Supply Chain supplement

"The increasing pressures on monitoring supplier risk"

A good market intelligence strategy is becoming increasingly important as managing supplier risk gets even more complex. We share our experience on the increasing pressures on monitoring supplier risk in MediaPlanet's supply chain supplement in the Guardian.


Processes around due diligence, supplier on-boarding and monitoring are under focus as companies are under pressure to maintain a buoyant supply chain whilst facing more scrutiny and transparency around who their suppliers are.

Understanding supplier stability is key to a flexible and robust supply chain. But what about the financial health of the supplier’s corporate group, and specifically its owners? And if the supplier’s beneficial owners are individuals then there are checks that should be done before contracts can be agreed.

 

“Group stability, not just supplier stability, is key,” according to Louise Green, Global Marketing Director of company information specialists Bureau van Dijk. “Looking at one part of the group doesn’t give you the full picture. We help organisations understand their supplier base better. We show them who owns their suppliers and help them assess if there are links to politically exposed persons (PEPs) or sanction lists, and if there is adverse news, or other risk, associated with them.”
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Read the full article here: MediaPlanet's supply chain supplement.

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