Zachary Kvale

Kelly Barner, host of Dial P for Procurement, procurement thought leader, and managing director of Buyers Meeting Point, explains why formal relational contracting is a great approach for companies serious about supporting their diverse suppliers in a recent Forbes article. “Small and diverse suppliers often find themselves in a Catch-22. They need to grow their capabilities to expand but as they’re often smaller organizations they fall into the trap of having transactional relationships with their customers.” Read the entire article here.    

Turn data into insight – map, monitor, and mitigate fortced labor risks across your value chain. Since the Uyghur Forced Labor Prevention Act (UFLPA) went into effect in 2022, sub-tier supply chain visibility has become an increasingly critical and ubiquitous prerequisite for import compliance. Automotive companies, due in no small part to their highly complex supply chains, are among the hardest hit by this requirement of anti-forced labor and ESG regulations. A recent study by Sayari analysts found that 95% of leading OEMs’ exposure to forced labor risk comes from sub-tier suppliers. The ability to identify and mitigate risks throughout their value chains is critical for OEMs aiming to minimize operational disruptions, avoid detentions, and maintain competitive advantage. Download the report to learn how Sayari is overcoming barriers to supply chain visibility, enabling OEMs to map their sub-tier supply chains, identify indirect exposure to forced labor risk, and foster greater supply chain resilience in an increasingly dynamic trade landscape. DOWNLOAD NOW