Are you facing increased customer demand and supply assurance uncertainty?
Can you quickly identify suppliers likely to disrupt your business?
Can you seamlessly collaborate with critical suppliers to execute mitigation plans?
Proactively prevent and mitigate risk through business cycles with Tada’s Supplier Readiness Assessment
Why Supplier Readiness Assessment?
Whether it is an upturn or downturn, companies with global and regional footprints find it difficult to manage the next set of suppliers likely disrupt the business. Tada’s Supplier Readiness Assessment monitors external distress and operational metrics across the entire supplier base to provide visibility into potential risks. When potential risks are identified, a Supplier Readiness Assessment can be triggered to prioritize efforts, draft action plans and start mitigation.
What business questions does the Supplier Readiness Assessment answer?
Monitor
What is my current risk profile?
Who are my critical suppliers?
Assess
How do I assess the network?
What is my critical supplier readiness level?
What are my network constraints?
Where are these constraints prevalent?
Mitigate
Do I have the right plans in place to mitigate risk?
Am I able to execute my mitigation plans on time?
Is my network improving through the cycles?
Supplier Readiness Assessment Capabilities
Rapid Deployment
4-6 weeks
Collaborative platform
for stakeholders (suppliers, buyers, leadership)
Real-time tracking
and monitoring of assessment
Eliminate
manual reports/ spreadsheets
Time bound
action plans to mitigate risk
Early distress sensing
& operational data monitoring
Benefits & Outcomes
"This tool is generations ahead of anything we have."
- Global Purchasing Manager
"This is what we need; I’d like to expand to the entire supplier base."
- Global Purchasing Director
"I have never been more prepared in my last 4 decades of professional experience."
- Global Purchasing VP
"We are currently working on next quarter’s plan, not firefighting next week’s issues."
- Global Purchasing VP
Rapid Deployment 4-6 weeks for a supplier base of 4K to 7K suppliers
