Trust your Supplier
Join the network built to accelerate supplier onboarding, simplify management and reduce risk
The Trust Your Supplier network is a cross-industry source of supplier information and identity helping to simplify and accelerate the on-boarding and lifecycle management process. TYS was built to be a cross-industry blockchain network to facilitate procurement functions within an organization. The network’s first use case is focused on supplier onboarding and validation.
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.
Featured highlights:
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 cost
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.
Contact B2B Solutions if you have questions or need more information about Trust Your Supplier.
