Case Study: a $2B crop protection manufacturer manages supplier risk with Contify

$2B Crop Protection Manufacturer delivers 41 high-risk supplier alerts in 3 months with Contify

A $2B crop protection manufacturer was managing procurement from over 1,600 global suppliers. The company needed an online competitive intelligence tool to monitor these suppliers for risk events, such as bankruptcy or regulatory fines, in real-time to prevent potential disruptions to its production lines. It approached the vendor, Contify, for a market intelligence platform solution.

Contify implemented a customized, multi-lingual platform that tracked suppliers across geographies and delivered real-time alerts on negative news. This solution enabled plant managers to act quickly on supplier risks. Over a three-month period, Contify delivered 41 high-risk alerts that helped the manufacturer mitigate significant potential impacts to production.