In today’s dynamic business environment, the supply chain plays an ever-increasing role in bringing products to market. As businesses continue to evolve and improve efficiencies in the production process, suppliers play an important role in ensuring business objectives are met. The growing global market has increased the demand and specialization of products, and more than ever, organizations are relying on strategic supplier partnerships to help ease the costs of meeting these demands.

As a result of these partnerships, the supply chain often becomes very long and extensive, with suppliers manufacturing components in various countries and regions, each specialized to fit a particular niche required by the end user. With such widespread suppliers and a lack of visibility, supplier quality is often overlooked or not maintained, which has an adverse effect on the business, and can lead to poor quality of product, lost inventory due to quality issues, or even stock-outs of particular product lines.

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