Trust has become your most valuable currency.
As supply chain complexity and volatility continue to surmount, it’s important that you can lean on supplier partnerships.
Buyer-Supplier relationships are the foundation of any profitable & sustainable business. To ensure you can trust your suppliers, you must try your suppliers.
Supplier due diligence is a necessary step to ensure that your suppliers will live up to your expectations. Due diligence should be expected at the start of any relationship, and seen as an iterative process, throughout the course of a buyer-supplier relationship.
Supplier Due Diligence isn’t sexy… but it is an essential building block for open & innovative buyer-supplier partnerships.
Our team knows from experience that supplier due diligence can be incredibly time-consuming, entailing heavy manual intervention, documentation, and management without a proper process or tooling in place.
Kodiak Hub has seen, on average, that our users save 15-20% time on operational supplier management activities (including supplier due diligence) by applying modern supplier management solutions.