Vendor compliance is the most critical component to assessing the financial, strategic and reputational risks that your third-party vendors pose to your business.
Logility’s compliance solution offers real-time vendor visibility and a connected vendor ecosystem that facilitates complete collaboration. This allows you to discover, evaluate and communicate issues in a timely manner, and in turn, transform challenges into opportunities.
Watch this video to see how the solution allows you to:
- Understand the impact if a supplier shuts down.
- See your entire vendor network.
- Quickly identify alternative suppliers and shift production to minimize risk.
- Maintain a vendor scorecard with performance statistics.
- Trace all vendor transaction data at any moment.
- Find vendors that fit your level of certification.
- Maintain a workflow and determine vendors that fit time constraints.