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Transparency in procurement
The more you know about your suppliers, the more success you will have in implementing your procurement strategy. D&B Supply Management Solutions will help you harmonise your supplier database. Find out where to cut costs by tracking down corporate linkages amongst your suppliers. Focus your supplier selection according to objective evaluation factors, while predicting failure risk in your supply chain.
D&B Supply Management Solutions will allow you to:
- Create procurement transparency: Gain an overview of your suppliers' data using the
D&B D-U-N-S® Number that uniquely identifies each company and matches it to D&B quality data. This internationally applied number is recognised, endorsed and used by Germany's automotive industry association (VDA) and chemical industry association (VCI) as well as the European Commission and ISO standardisation organisation. - Locate suppliers across the world: D&B has the world's largest database with over 160 million companies - a wealth of opportunity in new procurement sources. Find potential suppliers using criteria you set using comprehensive information on companies and markets from our database.
- Avoid failure and cluster risk: Keep an eye on your most important suppliers' actual payment performance and other risk indicators - react to warning signals as well as changes in parent and subsidiary companies before it's too late.
