Supplier Risk Analytics in procurement is a process of compiling, analyzing, and acting on data to identify potential risks associated with certain suppliers. It’s about understanding supplier profiles, leveraging data-driven insights, and taking proactive steps to mitigate emerging risks. It’s about having the right information at your fingertips so you can make informed decisions in line with corporate goals. When done well, it enables better collaboration between yourself and key suppliers, reducing delays and disagreements along the way. As a result, you get better value while ensuring quality and compliance are not compromised.