Supplier chain compliance specialist Altius has launched an online supply chain health check to give procurement managers an insight into the level of visibility and control they have over suppliers and any possible areas of risk they are buying in.
Supply chain managers submitting answers to the quick online questionnaire receive a customised report highlighting strengths and weaknesses in their supplier relationships and possible actions for improvement.
Gary Plant, Managing Director of Altius, said: "In many organisations, as much as 70% of the product or service is provided by external suppliers. This can bring both significant rewards and risks. It's vital to gain complete visibility of contractors, suppliers and service providers so that you can identify any weak links or cracks in the chain."
He continued: "In large supply chains, blind spots are common, particularly where clients are using spreadsheets and other manual processes to keep tabs on a growing supply base. By failing to organise supplier information properly or profile and audit suppliers, managers can lose sight of what's important and supply chain health can suffer."