IHS Supplier Risk Rating Service
How risky is your supplier base? How could your supply chain be impacted by a natural disaster, another recession, or limited inventories?
Supplier risk management has now become imperative. Executives are becoming increasingly aware of the risk these supply chain disruptions pose to their bottom lines, brand reputation, and stock value. IHS can help you prepare for and respond quickly to supply chain disruption – from everyday risks of doing business, to navigating dangerous supply chain floodwaters.
IHS brings a unique capability to supplier risk modeling. Leveraging expertise across content groups, we are specially qualified to provide insights on future risks of individual suppliers. Our insights are built on a foundation of economic forecasting, industry expertise, and company level detail. We go beyond financial measures to also rate company performance, industry context, and production strength.
In a recent benchmarking study conducted by Supply & Demand Chain Executive and IHS, almost 85 percent of survey respondents indicated Supplier Risk Management will be significant to their 2012 operational plan. Supply disruption, quality and cost issues were of most importance to respondents.