SAP Ariba: RapidRatings - Collaboration, The Key to a Resilient Supply Chain

By Jack Grimshaw

RapidRatings, an SAP PartnerEdge Partner with an app extension into SAP Ariba Supplier Risk, is a strong advocate of analyzing, building, and maintaining supplier financial health. Why? 

Businesses with poor financial health are more vulnerable to shocks, particularly unforeseen events with the magnitude and complexity of a global pandemic. On the opposite end, companies with strong financial health will be more likely to continue operating through crises and less likely to fail. 

During times of uncertainty, the best strategy to manage and protect your business is to lean into your supplier network and forge relationships through transparency and collaboration surrounding their financial health. 

Share

Featured Videos

View all
Featured

Supply is the engine at the heart of Nutrabolt

As Nutrabolt’s VP of Procurement, Brendan O’Toole highlights the importance of sourcing and supply, reinvention, and staying agile in a volatile climate

Technology

Teleperformance: The complexities of inclusion & supply

Technology

Rasheed Mohamad, ALE: Making the Unpredictable, Predictable

Technology

Community by name and nature