Risk Check – Secure and Strengthen Your Supplier Network
In a world shaped by multiple crises, stable and secure supplier relationships are more important than ever. But how confident can you be that, among your many internationally distributed business partners, there are no hidden risks — such as corruption, sanction violations, or payment defaults?
Risks You Can Actively Reduce
- Supplier insolvency risk: Potential production interruptions or contract defaults.
- Low creditworthiness or excessive debt of a supplier can result in delayed deliveries or payment losses.
- Dependency on single-source suppliers can weaken your negotiation position and increase vulnerability.
- Corruption risks: Doing business in countries with a high risk of corruption can result in legal consequences.
- Sanctions risks: Cooperation with blacklisted or sanctioned entities can lead to severe penalties.
- Political instability: Unrest or regime change may disrupt supply chains, threaten business operations, or lead to expropriation.
- Lack of democracy & human rights violations: Breaches of ESG standards (Environmental, Social, Governance) — such as forced labor or environmental damage — can expose your company to reputational and compliance risks.
Umweltverstöße führen u.a. zu Reputationsrisiken.
- German Supply Chain Due Diligence Act (LkSG): Requires companies to identify and mitigate human rights and environmental risks within their supply chains. Violations may lead to significant fines and reputational damage.
- Foreign Corrupt Practices Act (FCPA, USA) & UK Bribery Act: Any case of bribery or corruption within your supply chain may expose your company to international legal consequences, particularly if operating in or through U.S. or U.K. markets.
Bestechungsfälle in der Lieferkette können nicht nur den Lieferanten, sondern auch Ihr
Unternehmen rechtlich betreffen, falls es z.B. in US-Märkten aktiv ist oder US-Finanztransaktionen nutzt. - Tax and customs violations: Using suppliers with opaque tax structures can facilitate tax evasion or illegal financial transactions — posing legal and personal liability risks for both the company and its decision-makers.
Our Solution:
The Averdes Risk Check
Our Risk Check provides a comprehensive risk portfolio for each supplier in your database and offers you multiple benefits:
- Assessment of supplier creditworthiness and financial stability to identify potential defaults or insolvencies early.
- Prevention of supply disruptions through proactive diversification of supplier networks.
- Continuous monitoring of political developments and their potential effects on your supply chain.
- Evaluation of production and logistics sites located in high-risk regions.
- Screening of suppliers against international sanction lists (OFAC, EU sanctions).
- Reduction of corruption exposure through detailed audits of business practices.
- Avoidance of liability through compliance with due diligence and reporting obligations.
- Protection of your reputation by preventing unexpected scandals or negative media coverage.
- Proactive measures to prevent production stoppages or logistics disruptions.
- Building a more resilient and diversified supplier network.
- Use of AI-based analytics to detect patterns and forecast emerging
risks.
- All analysis steps can be fully managed by Averdes
- No additional workload for your internal teams.
- Can be combined with other Averdes services, such as an Overpayment Check — utilizing the same data foundation.