Making the most of supplier information to manage risk
By HICX CEO, Costas Xyloyiannis
What was once “nice to have” information has been defined by law. As social and environmental concerns grow, governments and related third parties are demanding, with regulatory backing, that businesses operate ethical supply chains.
To manage the risk and value that suppliers present, organisations need to know what’s happening in their supply chains. It’s essential that they receive the best possible information from suppliers, to achieve this. So, how can large manufacturers with complex supply chains make the most of their supplier data?