Conduct checks in hours instead of weeks with comprehensive supplier intelligence you can trust.
Vendor
Craft
Company Website
Craft Supplier Intelligence is a powerful solution designed to streamline supplier due diligence and risk assessment. Procurement and risk professionals often face challenges gathering reliable data from multiple sources to evaluate supplier health and viability. Craft addresses this by offering a centralized, easy-to-use platform that delivers timely, accurate, and validated intelligence. This enables organizations to make confident decisions, ensure compliance, and reduce exposure to risky suppliers. Craft’s platform simplifies supply chain resilience and speeds time to value with enhanced capabilities. It provides organizations with the 360-degree visibility, timely insights, and agility needed to mitigate risk and build stronger supplier networks and more resilient supply chains.
Features
- Comprehensive Supplier Profiles Gain a complete understanding of suppliers using robust data profiles that monitor over 500 data points per company. The intelligence is structured and easy to interpret, saving time and improving decision-making.
- Company Comparison Tools Perform side-by-side comparisons across crucial risk metrics in seconds. This allows users to quickly assess how suppliers stack up against thresholds and standards.
- Advanced Search & Portfolio Check Discover new suppliers whose qualifications meet your standards. Evaluate entire supplier portfolios to ensure alignment with compliance and performance benchmarks.
- Case Management Centralize and coordinate response efforts and action plans across your organization. Historical case tracking, reporting, and centralized documentation help maintain compliance and streamline operations.
- Collaboration Workspace Close the gap between procurement and supply chain teams with seamless collaboration tools. Features like threaded commenting and centralized documentation foster smarter decisions and improved communication.
- Data Fabric Craft’s rich data fabric integrates supplier information from leading industry data partners, proprietary machine learning, and operational data. Unlike self-reported survey data, Craft’s intelligence undergoes meticulous validation to ensure accuracy and reliability.
- Risk Categories Covered
- Cybersecurity
- Environmental and Social Governance (ESG)
- Financial
- Geopolitical
- Regulatory & Compliance
Benefits
- Faster Evaluations Conduct supplier checks in hours instead of weeks, saving considerable time and resources.
- Improved Decision Confidence Make smarter sourcing decisions with validated, centralized intelligence.
- Compliance Assurance Ensure regulatory compliance through centralized tracking and documentation.
- Risk Mitigation Protect your organization against foreign influence, financial instability, and single-source supplier dependency.
- Operational Efficiency Prevent delays and disruptions by identifying and addressing supplier risks proactively.
- Enhanced Collaboration Align procurement and supply chain teams with shared tools and insights, fostering a culture of transparency and resilience.