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!