Understand which suppliers pose a risk to your business
With Z2Data's Supplier Insights, you can select and compare companies side by side to understand the strength of your suppliers to their competitors. You can even compare your own company to others in your industry to see how you are stacking up. Z2Data evaluates companies based on a financial score, supply chain score, transparency score, and product data score. You can use these scores to make sure you are working with the most risk-averse supplier in the industry. The score is measured from 0-100. Companies with scores of 71-100 are considered stable, 41-70 is medium risk, below 41 is considered high risk. We provide you with all aspects of a company's financials. We look at who they outsource to, where their sites are located and the diversity of countries that their sites are located in. You can compare how well a company meets compliance regulations vs a competitor and view the documentation associated with those regulations. The more transparent a company is with its compliance information the higher the score.
Z2Data also displays the number of litigations, mergers/acquisitions, and patents that each of your suppliers have. This allows you to quickly view side by side the areas that your suppliers are strong in and the areas that their competitors might be doing a better job at. Depending on what is most important to you, you can use alternate suppliers accordingly.
Evaluate your suppliers with others in the industry by signing up for a trial with Z2Data's Supplier Insights.