The Hidden Value of Scorecard Systems in Effective Supplier Risk Assessment

82% of procurement leaders say supplier risk assessment is key to supply chain resilience.

For any business dependent on external suppliers, managing risk is as critical as it is complex. Supplier risk assessment doesn’t just involve checking compliance or product quality; it encompasses a detailed look at performance trends, financial stability, and responsiveness—factors that collectively shape a resilient supply chain. Here, supplier scorecard systems come into play as an […]