RapidRatings Knowledge Center & Articles

End-to-end supplier due diligence is the foundation of resilient supply chains. The process (from selection to segmentation and management) involves carefully evaluating and selecting suppliers based on their ability to fulfill your business needs.

Supply chains are the backbone of many industries and businesses. Every part, from raw materials to operational technology, must arrive on time and meet the exact specifications to keep production running smoothly. When supply chain disruption strikes, the impacts are devastating.

Financial institutions rely heavily on third-party partners, from financial management to day-to-day operations. When a third-party provider fails, the entire organization can be compromised. To safeguard operations, financial institutions need to proactively monitor the financial health of their third-party partners, especially private ones, at least twice a year.

A supply chain is only as strong as its weakest supplier. When a supplier fails, an organization's entire production line can suffer. To safeguard operations, organizations need to proactively monitor the financial health of their suppliers, especially private ones, at least twice a year.

The automotive industry has been severely hit by supply chain disruptions, creating a domino effect of production delays, transport bottlenecks, and factory closures. These disruptions have hindered production and strained manufacturer-supplier relationships, highlighting the urgent need to strengthen supply chain resilience.