ONESOURCE SUPPLY CHAIN COMPLIANCE

Supply chain risk & compliance

Enhance partner management, mitigate risks, and ensure compliance. 

Risk mitigation

Identify and address vulnerability gaps across your supply chain to ensure compliance and reduce risks.

Streamlined communication

Efficiently manage and track interactions with business partners to maintain compliance and improve operational transparency.

Corporate responsibility

Ensure adherence to Environmental, Social & Governance (ESG) policies such as UFLPA and other organisational responsibilities. 

Cost reduction

Minimise the burden of managing paper trails through electronic routing of assessments and requests.

Enhance your supply chain compliance and risk management 

Enhanced compliance

Streamline corrective actions to address vulnerability gaps and strengthen global supply chain operations.

Comprehensive risk management

Generate detailed risk summaries for trade lanes, focusing efforts on critical areas by analysing business partner data.

Supplier oversight

Quickly analyse and report supplier risk criteria and best practices, enhancing supplier management with ease.

Efficient CTPAT assessment

Expedite the CBP's 5-Step Risk Assessment Process, including vulnerability assessments, corrective actions, and threat evaluations.

Custom assessments

Create tailored questionnaires using existing or custom questions to align with your business model and risk tolerance.

Risk prioritisation

Configure vulnerability scores and question weights to prioritise high-risk areas according to your company's risk tolerance.


 

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Frequently asked questions

How can supply chain compliance software improve overall business efficiency?

Supply chain compliance software boosts business efficiency by automating the distribution of supplier assessments, requests, and reminders, reducing reliance on manual paperwork and enhancing efficiency. This allows businesses to monitor supplier activities and compliance statuses, leading to faster and more informed decision-making processes. By ensuring adherence to regulatory standards across all supply chain activities, the software minimizes delays and disruptions, ultimately saving time and resources and enabling companies to concentrate on core business operations.
What are the key benefits of maintaining strong supplier relationships in the supply chain?

Strong supplier relationships are crucial for ensuring a reliable and efficient supply chain. These relationships help ensure the timely delivery of goods and services, maintain high quality standards, and manage costs effectively. By fostering open communication and collaboration, companies can work closely with suppliers to innovate and develop new products or processes, gaining a competitive edge. Strong relationships also help mitigate risks related to supply chain disruptions and compliance issues, as suppliers are more likely to prioritise and support businesses, they have strong ties with.
How does the software facilitate risk management in supply chain operations?

The software enhances risk management by providing comprehensive supplier risk summaries. It breaks down risk at supplier level, allowing users to pinpoint and focus on the most critical. This detailed analysis enables targeted risk mitigation strategies, helping businesses address vulnerabilities before they escalate. The software's risk management capabilities enhance overall supply chain resilience, ensuring smoother operations and reducing the likelihood of costly disruptions.

What features support supplier oversight and compliance assessments?

The software includes robust tools for supplier oversight, allowing businesses to analyse and report on supplier risk criteria and best practices efficiently. Users can quickly generate reports at the push of a button, providing valuable insights into supplier performance and compliance levels. Additionally, the software allows users to create custom assessments using a database of existing or tailored questions, aligning them with the company's specific business model and risk tolerance. This ensures thorough and relevant oversight of suppliers, promoting compliance and reducing risks.
How does the software streamline the CTPAT assessment process?

The software significantly streamlines the CTPAT assessment process by automating key steps, such as conducting vulnerability assessments, implementing corrective actions, and performing threat evaluations. This automation reduces the time and effort required to meet CBP's 5-Step Risk Assessment Process, ensuring that businesses comply with CTPAT requirements more efficiently. By simplifying these complex procedures, the software helps strengthen supply chain security and enhances overall compliance, reducing the risk of supply chain disruptions and penalties.
How does the software assist in maintaining corporate social responsibility?

The software plays a vital role in ensuring corporate social responsibility (CSR) by tracking supplier compliance with organisational policies on social, ethical, and environmental responsibilities. By facilitating the solicitation and maintenance of due diligence information from business partners, the software supports sustainable and ethical business practices, enhancing the company's reputation and stakeholder trust.