Retailers depend on a multitude of third party vendors and suppliers for their inventory. This uniquely opens retailers to greater risk levels than many other industries. In addition, Conflict Mineral Disclosures, Anti-Bribery and Corruption and other laws and regulations are forcing retailers to do greater due diligence and identify their critical suppliers to gain a better understanding of their supply chain. Quantivate Supplier and Vendor Management module allows retailers to identify potential supplier risks, verify that suppliers are compliant, and continue to monitor changes that can create new risks.
Quantivate’s Supplier and Vendor Management software for retailers includes: