How to manage supply chain risks with smarter supplier management

Container ship as a symbol of suppliers

Managing supply chain risks is essential for operational stability and regulatory compliance. Regulations like CSDDD and åpenhetsloven now require companies to actively assess supplier risks and document their processes. Most organisations are still doing this manually, with spreadsheets and emails creating blind spots they cannot see or prove during audits.

Manage supply chain risks before they escalate

1. Map your suppliers beyond Tier 1

Most businesses know their direct suppliers but have little visibility further down the chain. This creates hidden operational and compliance risks.

Factlines collects data across all supplier tiers using standardised self-assessment questionnaires (SAQs), giving you a living supplier map rather than a static list.

2. Assess suppliers based on actual risk

Without structured assessments, companies treat all suppliers equally or rely on gut feeling. That is not enough under regulations like CSDDD and åpenhetsloven, which require documented, risk-based due diligence.

Factlines includes 30+ ready-to-use SAQs aligned with sustainability and compliance frameworks, with built-in risk scoring that shows where to prioritise follow-up.

3. Follow up with structured action workflows

Identifying a risk is only the first step. Without structured follow-up, risks stay unmanaged.

Factlines lets you assign corrective actions, track progress, and document improvements directly in the platform. Suppliers can update their own status, reducing back-and-forth.

4. Report with confidence

When reporting deadlines arrive, scattered data becomes a liability. Factlines centralises all supplier documentation, risk assessments, and follow-up actions in one place, so you are audit-ready at any time, not just at year-end.

Fewer risks, stronger compliance

Moving from manual processes to structured supplier management gives you control over operational risks, reduces compliance exposure, and builds better supplier relationships. Factlines makes it a continuous process, not a yearly scramble.

Ready to manage your supply chain risks?

Factlines is part of Position Green, the leading sustainability management platform in the Nordics. Together, we help businesses take supplier risk management seriously and do it efficiently.

Book a demo and see how Factlines fits your compliance setup.

Publisert:
August 2019
Supplier Relationship Management

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