A better way to manage supplier information
Delivering on your customer promises starts with suppliers delivering for you. No matter how strong your supply chain team may be, finding the right suppliers to meet your business needs is costly and time consuming.
Trust Your Supplier is changing all that with a secure, blockchain-based solution for identifying, onboarding and managing qualified suppliers, no matter what industry you’re in. Find out why IBM uses Trust Your Supplier.
A rich set of features to enhance the supplier management process end to end
Accelerate supplier onboarding
Speed the onboarding process and reduce manual processes through an immutable record of new vendor details. IBM’s experience: as much as a 70% reduction in onboarding cycle time.
Lower procurement operating costs
Reduce expenses related to supplier qualification, validation and lifecycle management. IBM’s experience: as much as a 50% reduction in supplier acquisition costs.
Reduce compliance risk
Confirm supplier qualifications with access to current data about ISO certification, diversity indexes, sustainability ratings and more.
Speed new supplier assessments
See if a new supplier is qualified to do what you need and has a track record for reliability with access to performance ratings, reviews, and vetted answers to common RFI questions.
Access verified data
Third parties like D&B, EcoVadis and others validate supplier records, help fill in missing information and perform watch-list screenings while banks validate account information and financial health.
Streamline insight sharing
Trust Your Supplier offers personalized dashboards for surfacing relevant supplier information. Interface by web application or via integration with SAP Ariba and other popular procurement platforms.
We see this as a key opportunity to simplify and streamline our buying goods and services journey.
– Lisa Martin, Senior Vice President and Chief Procurement Officer, GSK
Trust Your Supplier Onboarding Service
Realize value faster when you join Trust Your Supplier. IBM Blockchain Consulting Services leverages proven expertise and Trust Your Supplier experience to help buyers rapidly onboard existing suppliers to a network.
Resources
Blog: Latest network developments
Learn how Trust Your Supplier has evolved from concept to a robust network of buyers and suppliers, to simplify your supply chain.
Blog: A practical path to trusted supplier collaboration
Learn what it will take to enable trusted, transparent and efficient supplier collaborations — and minimize the complexity of supplier onboarding.