Fortify Business Resilience with AI-Powered Supplier Risk Management
Turn supplier data into real-time risk insights that help you act before disruption hits.
🔍 Common Areas of Supplier Risk
Proactive risk management ensures supply chain resilience and compliance.
Here are some of the challenge areas we typically see:
Lack of Real-Time Risk Monitoring
Delayed identification of supplier issues increases vulnerability to disruptions.Incomplete Supplier Data
Outdated or missing information impedes accurate risk assessments.Single-Supplier Dependency
Overreliance on a single vendor heightens exposure to supply interruptions.Regulatory Non-Compliance
Failure to adhere to regulations can result in legal penalties and reputational damage.Insufficient Due Diligence
Neglecting thorough vetting processes increases the risk of engaging with unreliable suppliers.
🚀 How ODS Helps ServiceNow Customers Mitigate Supplier Risk
ODS uses ServiceNow to aggregate data from multiple sources, providing comprehensive insights into supplier performance and reliability.
With a consolidated perspective, customers can proactively identify potential risks, such as supplier financial instability or compliance issues, allowing for timely mitigation strategies. With S2P, ODS helps customers maintain up-to-date supplier profiles, enables better decision-making, and strengthens supply chain resilience.
📘 Real-World Success Stories
Global Electronics Manufacturer
Within 90 days, the organization avoided $18M in disruption costs and achieved full ROI by embedding supplier risk scoring into their ServiceNow workflows.
Fortune 500 Consumer Goods Company
Reduced emergency procurement costs by 20% and improved audit readiness by 45% by automating supplier performance tracking and certification management.
U.S.-Based Healthcare Provider Network
Flagged 2,100 at-risk suppliers and removed 140 non-compliant vendors using real-time compliance dashboards and watchlist integrations.
📊 Key KPIs for Supplier Risk Management
Supplier Financial & Operational Risk
- Reduce disruption-related costs by up to 30%
Enhance supplier intelligence to identify early risks and protect revenue. - Prevent 15–25% of contract defaults
Monitor financial signals to catch instability before impact. - Reduce delayed deliveries by 20–35%
Assess resilience to improve predictability and reduce expediting costs. - Mitigate up to 40% of financial exposure
Reallocate sourcing from high-risk suppliers to maintain stability. - Cut emergency procurement costs by 18–22%
Flag declining supplier performance early to avoid reactive spend.
Compliance & Regulatory Risk
- Lower compliance incidents by 25–30%
Automate due diligence and detect documentation gaps early. - Improve audit readiness by 40–50%
Track certifications and streamline approval processes. - Reduce onboarding time by 30%
Standardize controls to accelerate supplier qualification. - Prevent flagged partnerships 98% of the time
Screen watchlists and ensure policy compliance. - Reduce audit gaps by 35%
Flag outdated certifications to meet contract standards.
📞 Ready to Shrink Your Supplier Risk?
Book a 15-minute demo and discover how ServiceNow + ODS can help your team proactively manage supplier risk, improve sourcing continuity, and reduce compliance exposure.