I want to understand the risks in selecting new suppliers

When you start doing business with new suppliers or want to compile a short list, you want to be able to identify and assess these suppliers in order to make an informed strategic selection. This will prevent damage and ensure continuity in your supply chain.

grip on risk

Know who you are doing business with

Reliable and up-to-date information is essential in the selection process of new suppliers. The stakes and risks are simply too high to trust parties 'on their blue eyes'. With the Dun & Bradstreet Data Cloud you can identify suppliers (who exactly am I doing business with). You can then identify the associated commercial risks and assess creditworthiness.

Furthermore, mutual dependencies can be mapped out. This is also important information that you can include in your decision-making process when assessing an RFI or RFQ. When dealing with suppliers abroad, specific country information (economic, social-political, commercial) and the specific risks involved in doing business in a country also play a role.

krediet en risico's solutions

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The benefits of truly knowing your business relationships

Know who you are doing business with and get a handle on the risks.

Chain Liability Act

Understanding your contractors and who they hire to do work helps you identify risks on the entire procurement project.

Selecting new suppliers

Are you looking for new suppliers? With our data, you identify suppliers and, based on criteria such as financial stability, you can make a selection that allows you to choose a new supplier that matches the risks you are willing to take.

Tender or procurement

Include information such as financial stability and creditworthiness in the pre-qualification of your tender process. This way you avoid awarding a project to a high-risk party.

Clean data

Is your database getting polluted by incomplete data? Our data is monitored daily and updated automatically, so you can link it to your own systems, such as CRM or ERP, with confidence.

Corporate linkages

Does your supplier have subsidiaries? Expose corporate linkages and find out who the directors, shareholders and other financials of these companies are and check them against sanction and PEP lists.

A complete supplier view

By enriching your data with information about the asset code or group structures, you gain more insight into your supplier base and discover consolidation opportunities.

Our products

Our products for procurement

D&B Credit

Insight into the payment behavior and financial situation of 500+ million companies worldwide including their subsidiaries and thereof the directors and shareholders.

D&B Supplier Risk Manager

Clear management of your supplier portfolio. All your supplier insights and risks from one environment and in real time.

indueD

Real-time business intelligence for due diligence. Screen your suppliers and partners for UBOs, PEPs, sanctions lists and more and know who you are doing business with.

What can we help you with?

Wil je tijdens de pre-kwalificatie van je aanbestedingstraject een selectie maken op basis van de inschrijvingen? Dan is informatie over de financiële situatie en de mogelijke risico’s van de partijen van groot belang om een goed onderbouwde keuze te maken met wie je wel en geen zaken wilt doen. Met de Dun & Bradstreet Data Cloud maak je de financiële situatie van 500+ miljoen bedrijven wereldwijd inzichtelijk. Read more.

Using the extensive international Dun & Bradstreet Data Cloud, you can enrich your supplier database with valuable additional information. This will provide insight into which suppliers you do business with, and you may discover, for example, that you use multiple suppliers to purchase the same products or services. Read more.

Reliable and up-to-date information is essential in the selection process of new suppliers. The interests and risks are simply too great to trust parties 'with their blue eyes'. You can use the information in the D&B database to identify suppliers (who exactly am I doing business with). You can then map out the associated commercial risks and assess the creditworthiness. Furthermore, the mutual dependence can be mapped out. Read more.

An initial check when selecting a supplier is not sufficient. It is then important to make all changes in risks transparent and to monitor them. This keeps you informed exactly how the risks in your total supply chain are developing. Only with this information can you correctly assess all risks within your portfolio. Read more.

Insight into your supplier portfolio gives you control over the logistics chain and makes it clear where your risks and opportunities lie. You strengthen your negotiating position and identify consolidation opportunities. It gives you the information you need to manage your supply chain effectively and to guarantee the continuity of your processes. The combination of your own data with that of D&B offers you handles for making valuable analyses and management reports, such as a spend analysis, spend cube and spend control. Read more.

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