For many public and private sector organizations, the ability to maintain a healthy and responsive supplier network is critical to success. But in today’s pandemic infused, geopolitically volatile environment with unstable financial markets and rising energy costs, many are unsure whether their supply chains can deliver reliably. In the areas of supply chain and logistics, many are asking how to regain trust and confidence in their supplier networks? And, how can they get ahead of the myriad disruptions and be aware, evaluate, and act quickly enough to gain competitive advantage?

An intuitive supplier relationship management (SRM) platform can help build end-to-end trust and confidence by enabling the following key characteristics of a healthy supply chain: awareness, onboarding, contracting and compliance, education, risk management, performance analysis, and forecasting.