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Industries

Manufacturing

Venminder is trusted by 1,200+ organizations to help
manage, assess, and mitigate vendor risks.

Protect your supply chain with third-party risk management.

 

With so many vendors, manufacturers are exposed to a lot of risks, directly affected by supply chain disruptions, poor quality service, and data breaches. This can damage a manufacturer’s reputation and cause severe financial losses.

Vendor risk management ensures manufacturers have strong recovery plans, a robust due diligence and risk assessment process, and ongoing management of vendor relationships.  

$4.73 million

average cost of a data breach in manufacturing

69%

of organizations lack supply chain visibility

$62 million

regulatory fine at a manufacturer for third-party misconduct

Be better prepared to handle any supply chain disruptions with Venminder’s centralized vendor management platform. Monitor real-time risks, evaluate crucial vendor risks like business continuity and disaster recovery, and use subject matter experts to easily rate vendor risks and focus attention on the highest risks.

Venminder’s platform is easy to use and navigate to gain insights into every vendor.  

Manage Suppliers' Business Continuity and Disaster Recovery Plans

Ensure suppliers are prepared for unexpected disruptions and will be able to resume operations seamlessly. Venminder's Business Continuity and Disaster Recovery Assessment helps gain a clear picture of your suppliers' protocols.

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Access Expert Insights and Assistance With Complex Supplier Due Diligence

Venminder has qualified subject matter experts in various risk domains. Through Vendiligence™, they can review vendor documentation and offer recommendations to reduce the risk associated. 

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Identify Supplier Risks With Templated Risk Assessments

Select and modify questionnaires, monitor the supplier's progress, and review results to calculate risk. Customize the risk assessments and put weights on user responses.

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Build Processes That Drive Consistency

Set up tasks for stakeholders, create processes, and customize workflows. Easily collaborate across teams within Venminder's platform. 

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Read a Case Study

Case Study - Global Energy Main

 

See how a global energy company uses Venminder

This global energy company reduced time and cost of supplier screening, enhanced risk management and mitigation, and made faster decisions by using Venminder. Read how Venminder helped.

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Order Vendor Risk Assessments Online

Completed assessments can be searched, previewed, and ordered directly from the Venminder Exchange

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