Industry-Leading Supply Chain Visibility Helps Companies Be More Nimble in a Rapidly Changing Environment
Dun & Bradstreet, (NYSE:DNB), a leading global provider of business data and analytics, today introduced a complimentary supply chain evaluation that equips businesses with information to help them understand potential risks and opportunities within their supply chains. The evaluation provides a view of expenses resulting from planned or proposed tariffs on a business' supply chain using Dun & Bradstreet's proprietary data to illuminate how dependencies on certain products or countries might impact the costs for a business.
"Supply chain risk continues to be top-of-mind for businesses of all sizes, and our supply chain evaluation addresses the urgent needs of business leaders to better understand potential impacts to their supplier network," said Brian Filanowski, General Manager, Dun & Bradstreet Finance & Risk Solutions. "We can also help our clients find alternative suppliers, domestically or in lower-tariff markets, which can greatly change the way they view their plans for stabilization and growth."
Dun & Bradstreet data illuminates multiple dimensions of risk in the supply chain by leveraging the D-U-N-S® Number entity identifier, shipping insights, beneficial ownership, ESG data, supplier and failure scores, cyber risk and hundreds of other data points. Integrating data and insights on 28 million companies with 21 billion connected relationships across Tier 1, Tier 2 and Tier 3 suppliers*, Dun & Bradstreet provides enhanced supply chain visibility.
For example, the company's experts' analysis of three layers of Fortune 1000 companies' supply chains reveals:
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56% of Tier 1 suppliers to Fortune 1000 companies are U.S.-based
- 37% of Tier 1 suppliers are foreign companies subject to reciprocal U.S. tariffs
- 7% of suppliers are from countries with no reciprocal U.S. tariffs imposed
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48% of Tier 2 suppliers to Fortune 1000 companies are U.S.-based
- 45% of Tier 2 suppliers are foreign companies subject to reciprocal U.S. tariffs
- 7% of suppliers are from countries with no reciprocal U.S. tariffs imposed
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46% of Tier 3 supplier to Fortune 1000 companies are U.S.-based
- 45% of Tier 3 suppliers are foreign companies subject to reciprocal U.S. tariffs
- 9% of suppliers are from countries with no reciprocal U.S. tariffs imposed
- Industries that import the most and least from tariffed countries include agriculture, manufacturing and retail, and utilities, financial and insurance industries, respectively.
While over half of direct suppliers for Fortune 1000 companies are based in the U.S., a critical factor in building greater supply chain resilience is for companies to be alert to vulnerabilities and adaptive to downstream supplier dependencies.
Connect with your Dun & Bradstreet relationship manager today or go here to get your complimentary supply chain report and learn how our data and solutions can illuminate your supply chain, detect risk and identify trustworthy suppliers for your organization.
* Tier 1 suppliers contract directly with an organization; Tier 2 suppliers are the suppliers of Tier 1 suppliers, and Tier 3 suppliers are the suppliers of Tier 2 suppliers.
About Dun & Bradstreet
Dun & Bradstreet, a leading global provider of business decisioning data and analytics, enables companies around the world to improve their business performance. Dun & Bradstreet's Data Cloud fuels solutions and delivers insights that empower customers to accelerate revenue, lower cost, mitigate risk, and transform their businesses. Since 1841, companies of every size have relied on Dun & Bradstreet to help them manage risk and reveal opportunity.
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