Head Office Geomap

Suppliers by Target Verification Status (Donut Chart) This chart allows you to quickly identify suppliers by their verification status. Verified suppliers are generally considered lower risk as they have met specific criteria, which can include legal, financial, and compliance requirements.

No. Suppliers by Subscription Level (Donut Chart) Understanding the distribution of suppliers across different subscription levels is essential for assessing supplier diversity. Diversifying your supplier base can help mitigate risks associated with over-reliance on a particular type of supplier. It ensures that you have alternative options in case of disruptions.

Map with Supplier Locations The geographical distribution of suppliers is crucial for risk management. It allows you to assess the global reach of your supply chain, which is important for logistics planning and understanding regional vulnerabilities. Knowing where your suppliers are located helps you evaluate the potential impact of geopolitical or regional issues on your supply chain.

Supplier Information Table The supplier information table provides a wealth of data for in-depth assessments.

Here’s how each component contributes to risk mitigation:

• Supplier Name: Identifying suppliers facilitates tracking and communication, making it easier to address issues promptly.
• Companies House Registration Number: Verifying the legal identity of the supplier ensures you are dealing with legitimate entities, reducing the risk of fraud.
• UTR Number: Assessing tax compliance and legality is essential for risk management. Non-compliant suppliers can pose financial and legal risks.
• Compliance Level: Understanding a supplier’s adherence to compliance standards is crucial for reliability and regulatory risk management.
• Verification Status: The verification status provides insights into the supplier’s overall business reliability.
• Head Office Address and Postcode: Information about the supplier’s main office location is important for logistical and regional considerations.
• Turnover: Assessing a supplier’s financial capacity and stability is vital for risk mitigation.
• Direct Spend: Knowing the financial impact of each supplier in your supply chain allows you to prioritise risk mitigation efforts based on their importance to your operations.

Offering a comprehensive view of supplier information, geographical spread, verification status, compliance levels and financial aspects. This data empowers you to assess supplier diversity, evaluate geographic vulnerabilities and prioritise risk mitigation strategies. It also helps in making informed decisions about supplier selection, which is critical for ensuring the resilience and reliability of the supply chain.