Prevent disruption with multi-tier supplier intelligence, customizable alerts, and integrated collaboration tools.

 

While obtaining reliable data about your direct suppliers is crucial, a substantial portion of supply chain risk and disruption comes from second- and third-tier suppliers you may not even be aware of. Uncovering these dependencies is critical to a more complete understanding of your overall risk exposure, which may expose potential bottlenecks, an over-reliance on single-source suppliers, localized labor issues, regulatory violations, and other possible issues.

Craft Supply Chain Risk Management helps you identify and mitigate risk from not just your suppliers, but your suppliers’ suppliers.

Secure and protect your supply chain from cyber threats and avoid costly data breaches.

 

Understanding cybersecurity risk is crucial for preventing data breaches, operational disruptions, reputational damage, compliance violations, and financial losses. This becomes increasingly challenging due to the constantly evolving nature of cyber threats, complex and interconnected supplier networks, diverse cybersecurity standards, dependencies on third parties, and limited visibility into supplier practices.

Craft helps you identify at-risk companies within your supply chain, even revealing hidden threats among your supplier’s suppliers, so you can quickly and effectively mitigate risk and prevent costly disruption.

Avoid supply chain instability and disruption by understanding the financial health of your suppliers.

 

Failure to recognize and mitigate financial instability in your supply chain can result in disruption from canceled orders and delays, to increased costs and reputational damage. Getting an accurate understanding of your suppliers’ health, especially if you are working with private companies, can be time-consuming and challenging. Often the information available only provides a historical snapshot, not an ongoing pulse on financial health, leaving you vulnerable to changes in your suppliers’ financial health.

Craft helps you monitor the financial health of every company in your supply chain, even your suppliers’ suppliers, so you can

Maintain compliance and protect against unethical and unsustainable practices across your supply chain by relying on timely, accurate ESG data about your vendors.

 

Increased regulation is making ESG reporting and compliance more critical than ever. The lack of standardized metrics, inaccuracies in self-reported data, and the prevalence of greenwashing make it challenging for organizations to obtain reliable information.

Craft addresses these challenges by providing timely, accurate ESG reporting, coupled with complete visibility into your second- and third-tier suppliers, enabling you to make informed decisions that align ethical and sustainable practices across your entire supply chain.

Navigate complex global regulations and avoid penalties with customizable alerts, AI-driven insights, and centralized document tracking to prove your compliance.

Procurement and supply chain organizations are facing increasing pressure to comply with a growing number of environmental, financial, and geopolitical regulations. Non-compliance can lead to costly fines and threaten profitability.

Safeguard against foreign influence, protect IP, and mitigate disruption from political tensions.

Globalization has contributed to an increasingly complex web of multi-tier supplier networks, often obscured by layers of holding companies and limited public information. This lack of transparency enables political and economic adversaries to conceal foreign ownership, steal intellectual property, disrupt critical infrastructure, and execute cyber attacks…