{"id":12,"date":"2021-03-22T23:22:40","date_gmt":"2021-03-22T23:22:40","guid":{"rendered":"https:\/\/datanovel.com\/home\/?p=12"},"modified":"2021-03-31T16:10:10","modified_gmt":"2021-03-31T16:10:10","slug":"post-1","status":"publish","type":"post","link":"https:\/\/www.datanovel.com\/home\/post-1\/","title":{"rendered":"Your supplier was acquired and dissolved recently"},"content":{"rendered":"\n<p>Datanovel reveals cases when an existing supplier was acquired, dissolved, and subsequently the new owner quietly took over the buyer\u2019s orders. <\/p>\n\n\n\n<p>Arising risks: <\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>The new owner might be not an existing supplier, and therefore has never been approved by the buyer. <\/li><li>The new owner might be non-compliant with the buyer\u2019s policies such as QHSE, Modern Slavery and ABC. <\/li><li>The most recently collected due diligence might already be irrelevant.<\/li><\/ul>\n\n\n\n<p>An unscheduled review is required for such cases, onboarding of new suppliers might be needed.<\/p>\n\n\n\n<p>An extract from Datanovel report (example):<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"423\" src=\"https:\/\/datanovel.com\/home\/wp-content\/uploads\/2021\/03\/Acquired-and-Dissoved-1024x423.png\" alt=\"\" class=\"wp-image-47\" srcset=\"https:\/\/www.datanovel.com\/home\/wp-content\/uploads\/2021\/03\/Acquired-and-Dissoved-1024x423.png 1024w, https:\/\/www.datanovel.com\/home\/wp-content\/uploads\/2021\/03\/Acquired-and-Dissoved-300x124.png 300w, https:\/\/www.datanovel.com\/home\/wp-content\/uploads\/2021\/03\/Acquired-and-Dissoved-768x317.png 768w, https:\/\/www.datanovel.com\/home\/wp-content\/uploads\/2021\/03\/Acquired-and-Dissoved-1080x446.png 1080w, https:\/\/www.datanovel.com\/home\/wp-content\/uploads\/2021\/03\/Acquired-and-Dissoved.png 1236w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>More compliance and supply risks:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/datanovel.com\/home\/?p=14\" data-type=\"post\" data-id=\"14\">Substituted suppliers<\/a><\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/datanovel.com\/home\/?p=16\" data-type=\"post\" data-id=\"16\">Recently liquidated suppliers<\/a><\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/datanovel.com\/home\/?p=18\" data-type=\"post\" data-id=\"18\">Communication breakdowns<\/a><\/li><\/ul>\n\n\n\n<p>Datanovel will not solve all compliance and supply risks but taking simple actions over our finding delivers quick wins that can also be used to back up the necessity of the frequent monitoring of the above issues.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Datanovel reveals cases when an existing supplier was acquired, dissolved, and subsequently the new owner quietly took over the buyer\u2019s orders. Arising risks: The new owner might be not an existing supplier, and therefore has never been approved by the buyer. The new owner might be non-compliant with the buyer\u2019s policies such as QHSE, Modern&hellip;<\/p>\n","protected":false},"author":1,"featured_media":67,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","footnotes":""},"categories":[3],"tags":[],"class_list":["post-12","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-compliance-and-risk-management"],"_links":{"self":[{"href":"https:\/\/www.datanovel.com\/home\/wp-json\/wp\/v2\/posts\/12","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.datanovel.com\/home\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.datanovel.com\/home\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.datanovel.com\/home\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.datanovel.com\/home\/wp-json\/wp\/v2\/comments?post=12"}],"version-history":[{"count":5,"href":"https:\/\/www.datanovel.com\/home\/wp-json\/wp\/v2\/posts\/12\/revisions"}],"predecessor-version":[{"id":112,"href":"https:\/\/www.datanovel.com\/home\/wp-json\/wp\/v2\/posts\/12\/revisions\/112"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.datanovel.com\/home\/wp-json\/wp\/v2\/media\/67"}],"wp:attachment":[{"href":"https:\/\/www.datanovel.com\/home\/wp-json\/wp\/v2\/media?parent=12"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.datanovel.com\/home\/wp-json\/wp\/v2\/categories?post=12"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.datanovel.com\/home\/wp-json\/wp\/v2\/tags?post=12"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}