The application scenarios of this product are very extensive, helping different types of enterprises address various risks.
For example，
- When onboarding new suppliers, companies may lack comprehensive screening of their qualifications, operational stability, and business integrity, as well as in-depth risk assessment, leading to high-risk suppliers being approved. This can result in subsequent risks such as product quality issues or supply disruptions.
- During initial cooperation, a supplier may perform well, but without ongoing monitoring, operational difficulties, compliance violations, or other issues may arise later, causing compliance risks, product quality risks, and supply instability—ultimately putting the company at risk of production halts.
- Low-quality suppliers may re-enter the procurement list by rebranding or using shell companies, making them difficult to detect and leading to repeated risks. Some suppliers may have cross-ownership or investment ties within the company group, facilitating unethical practices like bid-rigging or kickbacks.
- Supplier management processes are often complex, making manual monitoring and risk screening costly and inefficient, with many risk points remaining uncovered.
- Risk-related information is often obtained too late, delaying responses to sudden issues.
- Companies lack systematic analysis of a supplier’s full lifecycle data (e.g., financial health, credit ratings, legal disputes), making it difficult to identify risks in advance.
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