Home » Industry » Supplier Risk Assessment

Supplier Risk Assessment

Thomson Reuters Partners with NGOs to Fight Human Trafficking

Powerful data analytics will enable companies to identify sources of labor in their supply chains and avoid risk of involvement in exploitation Thomson Reuters announced new partnerships with two of the world’s premier anti-slavery organizations to turn the power of data analytics onto corrupt labor brokers and people traffickers.  Companies and financial institutions can become unwitting participants in slavery due ... Read More »

NetSuite and Dun & Bradstreet Form Strategic Alliance

NetSuite Cloud with Accurate, Relevant Commercial Data to Help Speed Decision Making, Planning NetSuite Inc., one of the industry’s leading provider of cloud-based financials / ERP and omnichannel commerce software suites, announced an agreement with Dun & Bradstreet (NYSE: DNB) to provide NetSuite customers direct access from within its cloud-based business management suite to relevant B2B data drawn from the world’s largest commercial database. Having easy access to a ... Read More »

SME Access to Finance: New RBS Allegations Highlight a Brutal Climate for SME Borrowers

While the G20, in tandem with other government or non-government institutions, are trying to prop up the SME sector by providing better access to finance, it is disturbing to note that some financial institutions have been rather heavy handed in dealing with SMEs.  It is no surprise that the SME sector is increasingly dependent on alternative finance such as factoring, ... Read More »

Supply Chain Risks: Lack of Full Visibility

Nearly a quarter of respondents to a survey claimed their organization had suffered losses of at least €1m ($1.25m) during the previous 12 months (up from 15 percent last year) as a result of supply chain disruptions, according to a report from the Business Continuity Institute. Slightly more than 13 percent suffered a one-time disruption that cost in excess of ... Read More »

Veda Acquires Kingsway Financial Assessments Pty. Ltd.

Veda announced the acquisition of financial risk assessment company, Kingsway Financial Assessments Pty Limited (Kingsway) increasing its scale and capability in procurement risk. Kingsway has been in business for over ten years providing independent financial assessment services to support better decision making and improve risk management for procurement professionals.  Kingsway helps its government and business customers to identify if companies ... Read More »

Dun & Bradstreet Launches Supplier Risk Manager™ 2.0

Second-generation software solution will help businesses mitigate financial and operational risk across supply chains Dun & Bradstreet (NYSE:DNB) announced the launch of D&B Supplier Risk Manager 2.0, a second-generation software solution to help businesses mitigate financial and operational instability, analyze risk and monitor distribution resources to maintain sustainability across supply chains. Leveraging D&B’s proprietary database of more than 235 million businesses worldwide, ... Read More »

What Should be on Your Summer Sourcing Agenda? – Perhaps Look to Africa as a Potential Sourcing Destination

By Josh Green, CEO, Panjiva Panjiva recently conducted a survey to better understand the concerns, challenges, and opportunities on the minds of the global trade community. The responses were promising – most global trade professionals are optimistic about the year ahead.  In addition to optimism, a few other themes emerged – notably, concern about rising manufacturing costs and an interest in ... Read More »

Purchasing & Supply Management Salaries on the Up

A new report reveals that the average purchasing salary has increased by 18% over last year. This data and more can be found in the Purchasing & Supply Management Salaries in 2014 Report, published by the Next Level Purchasing Association (NLPA), which provides purchasers insight into the compensation of their peers throughout the world and delves deeply into salary statistics, ... Read More »

Panjiva: Supply Chain Wage Inflation Worries Buyers and Suppliers

Last Fall BIIA member Panjiva kicked off a new State of Trade Survey to Panjiva members.   These members are a cross section of people who use trade data:  buyers, sellers, and people who research or analyze trade in other capacities. BIIA has just received Panjiva’s report which has the aim of showing how individuals working in trade see how the world is ... Read More »

Supply Chain Risk: Collaboration between LexisNexis and Corbus

Corbus is collaborating with LexisNexis to offer two LexisNexis® products that help companies mitigate supply-chain risks more effectively and efficiently. This collaboration leverages the strengths of these two Dayton-based companies, delivering supply market risk monitoring and intelligence to increase the value of outsourced procurement operations. One of the products, Lexis® Diligence, helps clients gain better intelligence when evaluating potential or existing ... Read More »

D&B Sweden in Partnership with Syncron

Bisnode subsidiary Dun & Bradstreet Sweden has signed a partnership agreement with Syncron, enabling secured business intelligence data based on the global ID system for company identification, built on DUNS®Numbers. By integrating D&B Insight with daily quality data for BI, Syncron customers get integrated access to the global ID-System built on DUNS®Numbers.  Giving Syncron users an advantage to daily secure ... Read More »

D&B-Optimized Database Rationalizes Purchases For SKF

The Swedish engineering company SKF, a leading global supplier of bearings, seals, mechatronics, lubrication systems and services, has chosen BISNODE – D&B to stream-line its supplier database. With D&B rationalization, SKF has optimized its database of suppliers. The transparency gained enables more efficient purchase strategies and cuts costs. Global engineering company SKF is present in over 130 countries and purchases ... Read More »

D&B Direct 2.0 Delivers Flexible, Streaming, Enterprise-wide Access to Data and Analytics from D&B and Third-party Providers

D&B (NYSE:DNB) announced the release of D&B DirectTM 2.0, the API solution providing enterprise-wide access to a broad range of business insight.  With a unified web services platform, the addition of risk scores and ratings, fraud and compliance monitoring, digital and social intelligence and more, D&B Direct 2.0 dramatically improves an organization’s ability to embed rich data and analytics in their business ... Read More »