Congratulations to Chainyard and IBM for quickly building this resource in response to the shortage of critical medical supplies due to Covid-19. #TrustYourSupplier #RapidSupplierConnect
https://apnews.com/PR%20Newswire/d8248ebdd2e5125a6272aff179407e2a
This Wall Street Journal article details the technology and process behind Rapid Supplier Connect. Chainyard‘s Trust Your Supplier is proud to be one of the foundations of this network.
TYS has partnered with IBM to create a supply chain solution in response to the critical demand for medical supplies.Companies such as General Motors, Tesla, 3M, Gucci, and others are retooling to address the critical demand for medical supplies so critical during this worldwide pandemic. Many of these are not typical suppliers to hospitals and other health care providers. We have also seen our share of bad actors take advantage of the situation, delivering faulty equipment or other even more heinous acts. To address these concerns Trust Your Supplier has created a separate TYS portal for health care providers to aid in the vetting, discovery, and onboarding of non-traditional suppliers with critical supplies.
Chainyard‘s Trust Your Supplier is collaborating with IBM to offer this solution, called Rapid Supplier Connect.
Rapid Supplier Connect provides 3 key services:
You can help.
Please forward the Rapid Supplier Connect website to any of your suppliers that may be able to offer critical supplies. Webinars step them through the solution and process.
Chainyard‘s blog published on Nasdaq.com highlights the ability of a blockchain based network like Trust Your Supplier, to make a positive impact on the supply chain during a time of crisis.
https://www.nasdaq.com/articles/can-blockchain-save-the-supply-chain-from-covid-19-2020-04-21
This 25-minute webinar will be available via digital Think platform (#7083) on May 5, 2020 at 11:45 a.m. ET. Please join Anita Bubna (Flex), Praveen Rao (IBM) and Vincent Nguyen (IBM) as they discuss Trust Your Supplier’s role in onboarding suppliers.
Suppliers are critical to your business, but effectively managing those relationships can be complex, time-consuming and expensive. Join this session to learn how Trust Your Supplier can help you shorten supplier onboarding time as much as 90 percent by improving supplier discovery, qualification, validation, onboarding and lifecycle management. Then, we’ll explore the benefits of digitizing transactions that streamline ordering and invoicing processes. You’ll hear real-world examples of how IBM AI and blockchain are providing multi-enterprise visibility for B2B transactions. Finally, understand how supply chain leaders are leveraging these solutions today to grow and scale their supplier communities while reducing cost, complexity and risk.
More about IBM’s annual event:
“Learn about the latest advancements in open technologies from hybrid multicloud to data and AI. Interact with the luminaries who are using this tech to transform our lives. Root your reinvention in this year’s reimagined event experience. Join us. Let’s get thinking.” 2020 THINK Digital Event Experience
Register for a free pass to any of these THINK experiences by creating an IBMid at https://www.ibm.com/events/think/.
Panelists include:
In these uncertain times, new supply chain realities are forcing businesses to urgently reassess their supply base. No businesses can afford to have inefficient supplier qualification and on-boarding processes, but any increase in due diligence risk is unacceptable. To address these unprecedented challenges, IBM and Chainyard have created Trust Your Supplier (TYS), a blockchain-enabled solution to speed the process for buyers, suppliers and external validators. Join this panel discussion to hear from IBM’s Chief Procurement Officer and other executives from Dun & Bradstreet (D&B), EcoVadis and RapidRatings on how TYS uniquely enables efficient supplier on-boarding and other benefits.
More about IBM’s annual event:
“Learn about the latest advancements in open technologies from hybrid multicloud to data and AI. Interact with the luminaries who are using this tech to transform our lives. Root your reinvention in this year’s reimagined event experience. Join us. Let’s get thinking.” 2020 THINK Digital Event Experience
Register for a free pass to any of these THINK experiences by creating an IBMid at https://www.ibm.com/events/think/.
Anheuser-Busch InBev, Cisco GlaxoSmithKline, Lenovo, Nokia, Schneider Electric and Vodafone to Tackle Supplier Information Management Challenges
Praveen Rao presented at the Diverse Manufacturing Supply Chain Alliance Conference in Scottsdale, Arizona. Trust Your Supplier was highlighted as a component of the evolving DMSCA Artificial Intelligence and Blockchain enabled marketplace withTYS providing a trusted access to supplier compliance data and providing credibility & compliance of network members with increased opportunity for visibility across the entire network of buyers and suppliers.