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Streamlining Supplier Engagement: The TYS Pre-Check Experience

As many of us prepare for summer holidays, the anticipation of travel often brings to mind the sometimes tedious experience of going through airport security. The long lines and exhaustive checks can turn what should be a seamless process into a frustrating ordeal. This got us thinking about an analogy that perfectly encapsulates the traditional supplier engagement process versus the innovative solution offered by Trust Your Supplier (TYS).

Traditional Supplier Engagement: The Airport Security Experience

⛔ Long Boarding Time

Just as waiting in line at the airport eats into your travel time, onboarding a new supplier can be a lengthy process. Traditional methods involve multiple steps, approvals, and verifications, leading to delays that can impact your project timelines and overall efficiency.

⛔ Redundant Administration

Imagine filling out the same forms over and over again for every trip you take. That’s how repetitive and cumbersome traditional supplier engagement can feel. Suppliers often need to provide the same information to multiple customers, causing unnecessary delays and administrative headaches.

⛔ Tedious Security Checks

The rigorous security checks at the airport, while necessary, can be time-consuming and exhausting. Similarly, traditional supplier vetting processes are thorough but often slow and labor-intensive, requiring extensive background checks, certifications, and compliance verifications.

The TYS Pre-Check: Revolutionizing Supplier Engagement

✔️ Immediate Onboarding

With Trust Your Supplier, the onboarding process is as smooth as breezing through the TYS Pre-Check. Our system significantly reduces the time it takes to get suppliers up and running. Immediate onboarding means no more waiting in line or dealing with prolonged processes.

✔️ AI-Driven Profiles

TYS leverages advanced AI to create comprehensive supplier profiles. These profiles are automatically updated and maintained, eliminating the need for redundant paperwork and ensuring that all information is current and accurate. This automation leads to a more streamlined and efficient engagement process.

✔️ Pre-Certified, Ready-to-Do-Business

Just like having a TSA Pre-Check status gets you through security faster, our pre-certified suppliers are ready to do business right away. Suppliers in the TYS network have their information and questionnaires completed, so you can confidently engage with them without the usual delays and uncertainties.

Experience the Difference with Trust Your Supplier

Say goodbye to the hassle of traditional supplier engagement and hello to streamlined efficiency with Trust Your Supplier. Our blockchain-based solution ensures daily monitoring, and historical, predictive, and prescriptive risk insights, enabling trusted data exchange and workflow automation beyond traditional boundaries.

Enjoy a seamless and efficient process that keeps your business moving forward. Safe travels to all!

WTISD thumbnail

Celebrating World Telecommunications Day!

Innovation thrives on collaboration. This #WTISD, we celebrate the power of collective, multi-stakeholder initiatives to drive digital innovation for the prosperity of all. 

At Trust Your Supplier, we’re proud to partner with forward-thinking companies like BT Sourced, who “Source for a better future.”  

“BT Sourced is committed to driving positive change in the telecommunications industry, and our partnership with Trust Your Supplier amplifies our efforts to create a sustainable supply chain for generations to come.” – Cyril Pourrat, CPO, BT Group

Learn more from Melissa Reddy, who leads Risk and Sustainability at BT Sourced, on our podcast, “Sustainability Strategies to Empower Teams & Suppliers”. Watch Now  

Learn more about WTISD 2024

#WTISD2024 #Sustainability #SupplyChain #Partnership #Telecommunications #SustainableSourcing #EthicalSourcing   

Dr. Epstein's Spider Map Highlighting TYS

TYS Remains Focused on Innovation and Value

We are thrilled to announce a significant achievement for Trust Your Supplier (TYS) – our continued positioning at the center of Dr. Elouise Epstein’s latest Spider Chart. In a landscape characterized by continual innovation and creativity, TYS stands resiliently at the center, demonstrating our unwavering commitment to excellence in procure tech.

At Trust Your Supplier, we recognize the evolving nature of supplier and risk management within the procurement sphere. Leveraging the transformative capabilities of blockchain technology, our platform offers a comprehensive suite of solutions designed to optimize supplier relationships and mitigate risks effectively.

Our distinguishing features encompass real-time monitoring, comprehensive historical data analysis, and forward-looking predictive insights. By integrating these elements into our platform, we empower enterprises of varying scales to operate with heightened transparency, efficiency, and risk resilience.

As proponents of progress within the procurement sector, TYS is dedicated to pioneering advancements that redefine industry standards. From empowering mid-sized enterprises to supporting multinational corporations, our blockchain-based solution catalyzes transformative change across diverse organizational landscapes.

Yet, our journey is far from over. With each milestone achieved and accolade earned, Trust Your Supplier remains steadfast in our commitment to driving innovation and fostering positive change within procurement.

We extend our sincerest gratitude to our esteemed partners, stakeholders, and industry peers for your continued support and collaboration. Together, we are forging ahead, challenging conventions, and shaping the future of procure tech with integrity and ingenuity.

Stay informed as we embark on this journey of progress and innovation. 

Thumbnail of podcast with guest photos.

TYS Podcast S2E6 – Sustainability Strategies to Empower Teams & Suppliers

In our TYS Podcast episode, Sustainability Strategies to Empower Teams & Supplierswe spoke with industry leaders from global organizations, delving into the intersection of sustainability, supply chain management, and the global economy. 

TYS’s Michelle Armstrong sat down with Lazar Armianov from EcoVadis, Melissa Reddy from BT Sourced, and Alyssa Caddle from Thermo Fisher Scientific, and at the heart of our discussion was the concept of sustainability and its significance in today’s business landscape. From education and compliance to technology and geopolitical challenges, our guests shared valuable insights into the multifaceted nature of sustainability within supply chains. 

One key takeaway was the importance of education and awareness, not only within our organizations but also among our suppliers. By ensuring that all stakeholders understand the importance of Environmental, Social, and Governance (ESG) criteria, we can foster a culture of sustainability that extends beyond borders and generations. 

Another focal point of the conversation was the need for collaboration and transparency throughout the supply chain. As companies navigate new global regulations and geopolitical shifts, it’s essential to prioritize ethical sourcing and supply chain integrity. 

Technology also emerged as a powerful tool in driving sustainability efforts. From AI to cybersecurity, our guests highlighted the role of innovation in creating more efficient and environmentally friendly supply chains. 

Based on the rich discussion, here are actionable insights for listeners: 

  • Prioritize education and sustainability initiatives within your organization 
  • Proactively address climate change and compliance challenges 
  • Embrace AI and digital technologies for risk management and supplier experience enhancement 
  • Foster supplier diversity and engagement for long-term sustainability 
  • Strike a balance between compliance and sustainability goals for impactful supply chain management 

As we look ahead, the path to sustainability will require ongoing collaboration, innovation, and a shared commitment to responsible business practices. By leveraging the insights shared in this episode, we can pave the way for a more sustainable future for generations to come. 

TYS Podcast S2E5 – Empowering Equality: Strategies and Insights for Advancing Gender Diversity

In our most recent podcast episode, we had the honor of speaking to Renee Ure, a pioneer in promoting gender equality. With over 25 years of experience in various leadership roles at IBM and Lenovo, Renee brings invaluable insights and experiences to the table.

Renee shares her journey, including the challenges and setbacks she encountered along the way. From defining success metrics to measuring progress through concrete KPIs, she provides practical strategies for promoting gender diversity and inclusion at all levels.

The significance of mentorship, sponsorship, and the role of male allies in driving female empowerment within organizations are also discussed.

We invite you to join us as we explore strategies and insights for advancing gender equality in the workplace. Let’s break down barriers and create a more inclusive future for all.