What is Sub-Tier Supplier Management?

Sub-Tier Supplier Management involves overseeing and mitigating risks associated with suppliers beyond the primary or first-tier level in a supply chain. The Covid-19 crisis underscored the vulnerability of many organizations’ supply chains, prompting a need for enhanced visibility into sub-tier networks. This entails gaining insights into the suppliers’ suppliers, allowing customers to comprehensively understand their true supply chain risk.

Through visual mapping of the sub-tier network, organizations can identify dependencies among suppliers, pinpoint areas of high risk, and uncover opportunities for innovation. This strategic approach enables customers to better orchestrate spending, enhance resilience, and proactively manage potential disruptions in the supply chain.

Learn more about Ivalua’s Supplier Management Solutions.