Organisations are all too often reminded of the vulnerabilities within their supply chain. The consequences of not proactively identifying and managing risk can disrupt operations and damage brand reputation. Whilst supply chain risk receives board level attention and scrutiny, all-to-often the back-end systems, processes and governance falls far short of expectations.
At Vendigital, we understand the importance of effective supply chain risk management. Our Risk Intelligence application allows you to standardise your approach to risk assessment, expose critical risks across your business, define strategies for mitigation and take action. Our smart technology includes ‘auto-assess’ functionality allowing you to link to external data feeds, whether supplier performance, macro economic, geo-political, CSR or otherwise, giving you immediate insight into your critical risks in an ever-changing environment.
“Vendigital have supported us in laying a foundation for true business intelligence in our procurement function.”Ashley Hall, Head of Procurement Excellence, Meggitt PLC