Read how our technology is powering the future of supplier information management. Download the whitepaper: https://trustyoursupplier.com/resources/whitepaper/
Read how our technology is powering the future of supplier information management. Download the whitepaper: https://trustyoursupplier.com/resources/whitepaper/

supplier.io 2022 Supplier Diversity Report

For the fifth year, supplier.io launched a survey aimed to define the supplier diversity industry for the supplier diversity professionals managing and growing their companies’ programs. 

“The State of Supplier Diversity Report revealed big changes in the primary drivers of supplier diversity. More and more companies see programs as a core component of their company culture, and executive and board support is at an all-time high. However, signs of disconnects appear between executive leadership support and solvable challenges that seem to remain for supplier diversity practitioners, notably in implementing scalable processes.

Download the 2022 report to learn more.  

Supplier.io is now available on the Trust Your Supplier network. Learn more: https://trustyoursupplier.com/portfolio/supplier-io/ 

UN World Food Day 2022

This Sunday is the UN’s #WorldFoodDay, a day set aside to raise awareness about the need to create more sustainable, resilient, and inclusive agrifood systems. 

As a supplier management network that specializes in helping organizations connect with trusted suppliers, we know first-hand how disruptions such as climate events, Covid-19, and conflicts such as the war in Ukraine have affected the supply chain. For those already on the edge of malnutrition, these events have made food security even more out of reach. 

The UN has put together incredible resources with stories of #FoodHeroes and how businesses can help play a part in making sure everyone has regular access to enough nutritious food. 

Join an event or browse their recommendations to help make a difference! 

https://www.fao.org/world-food-day/en

TYS Patent for Blockchain SIM

We thought during the GITEX Global and Future Blockchain Summit would be the perfect time to announce that Trust Your Supplier has secured approval from the U.S. Patent Office for all rights to a blockchain-based supplier information management solution! 

Solving the issue of distrust between business participants, blockchain provides data security, clear provenance and an immutable record of all the events that have taken place between parties.  

We chose to build Trust Your Supplier on blockchain to provide procurement organizations, compliance teams and auditors with a trusted supplier record unmatched by any other technology. 

Download this info sheet to learn more about Blockchain Features.

Learn more about Blockchain and Trust Your Supplier here.

#blockchain

Future Blockchain Summit 2022

The Trust Your Supplier team is enjoying all the glitz and glamour of the GITEX Global and Future Blockchain Summit in Dubai. Day one has been full of conversations with old friends, blockchain gurus and celebrities!

There are so many use cases for blockchain, as it’s main purpose is to solve distrust among business participants. Trust Your Supplier is the only supplier management platform built on blockchain and has secured approval from the U.S. Patent Office for all rights to a blockchain-based supplier information management solution. Blockchain provides data security, clear provenance and an immutable record of all the events that have taken place between parties, which supports a wide range of issues within an organization, from risk & compliance to auditing documentation.

Our team will be at stand Z4-L80 and L81 this week if you are visiting. We’d love to show you how we use blockchain to bring digital transformation to procurement organizations.

#blockchain #digitaltransformation #GITEXGLOBAL #FBSummit

Day 2 & 3 Photos

supplier.io is a TYS Partner

supplier.io is the leading SaaS provider of solutions that enable companies to manage, optimize, and scale their supplier diversity programs. Equipped with unparalleled data intelligence, superior technology, and expert guidance, customers can establish and advance their supplier diversity initiatives effectively and strategically. 

Supplier.io is now available on the Trust Your Supplier network. Learn more: https://trustyoursupplier.com/portfolio/supplier-io/ 

Supplier Lifecycle Management with SIG and Trust Your Supplier

Tune in to Trust Your Supplier’s General Manager, Gary Storr, along with Dawn Tiura, SIG President & CEO for their discussion on the important phases of supplier lifecycle management to industries in the climate that we live in today. 

The live session occured on September 22nd and be viewed on demand at this link: https://www.linkedin.com/video/event/urn:li:ugcPost:6976303090320691201/ 

Tales of TYS Superheroes: Supplier Discovery

Here’s a little end-of-week humor. 

 This comic strip is a fun way to showcase a problem and a solution around an organization’s need for supplier resiliency. Now, more than ever, enterprises need a trusted base of suppliers. With today’s supply chain risks, volatility in supply, and the increased regulatory situation, the traditional methods to discover and onboard suppliers can’t keep up with the pace of changing information. 

Today’s hero uses the power of TYS’s discovery function to quickly find numerous pre-vetted suppliers to fill an unexpected gap in their supplier base. A simple search function reveals suppliers that meet the requirements and characteristics this organization is looking for along with risk data including questionnaires and third-party data.

The supplier information is available nearly immediately, which reduces the effort to discover qualified suppliers and reduces onboarding cycle time. 

Enjoy the first installment of Tales of TYS Superheroes – stories of everyday heroes in supplier management! 

 

Ethical Considerations of Digital Transformation

Our Chief Technology Officer, Mohan Venkataraman, provides thought leadership to the tech community at large. His latest article, Ethical Considerations of Digital Transformation, is a sensible case for companies doing the right thing for society and the planet. Mohan lays out three ways to ensure your business is practicing ethical principles.  

By design, Trust Your Supplier incorporates these steps into our features and workflows. From audit & compliance management, supplier diversity, ESG or other compliance initiatives, TYS provides business process transparency, data privacy, and key partnerships to maintain ethical standards. 

Published by Entrepreneur magazine, enjoy the full article here. 

 

SIG’s Global Executive Summit 2022

The Trust Your Supplier team is headed to Sourcing Industry Group (SIG)’s Global Executive Summit in October! As sponsors, we look forward to our first SIG event and to meeting many community members. Let us know if you are attending. We’d love to catch up with you in Rancho Mirage.

SIG Global Executive Summit is “packed with the latest best practices, cost-cutting strategies, innovative processes and risk-mitigation approaches.”

Register Here

#procurement #supplierdata #suppliermanagement #riskandcompliance