Suppliers investigation service can comprehensively understand the real operation status of supplier, select the most suitable and reliable supplier partners for you, help to identify potential risks, improve negotiation support, reduce purchasing costs, and adjust business strategies in time. This includes evaluating their financial stability, operational capabilities, compliance record, and business ethics. A thorough suppliers investigation can contribute to a more reliable and efficient supply chain and enhance the overall performance of the enterprise.
Why are vendor investigation needed?
Develop mitigation strategies
Improving efficiency and reducing costs
Stabilizing the supply chain
Protecting Your China Business
Vendor investigations can help buyers to select the best suppliers for their needs.
- Identifying And Preventing Vendor Fraud
- Supplier Site Inspections
- Risk monitoring and real-time early warning
Vendor fraud can have a considerable impact on small and medium-sized businesses overseas. Scams can occur from one or more sources in a very sophisticated way, with a large number of risks for overseas buyers to contend with, making detection and prevention very difficult for overseas buyers, and if left undetected, can result in serious losses to the business.
Digging deep into supplier information and seeing through the supplier's business environment ensures that the supplier can provide qualified products and stable services, reduces the occurrence of poor quality and production delays, guarantees the smooth operation of your business, and reduces the costly mistakes that may occur in cooperation and trade.
We use various sources to collect information about suppliers and conduct multi-dimensional monitoring of the dynamics and news of cooperative suppliers, covering as many as 160 dimensions such as industry and commerce, operation, judiciary, tax, corporate relations, etc.; we provide early warning on abnormal signals of production and operation of suppliers, so as to cope with potential supply chain risks in advance.