What is Vizibl’s Supplier Collaboration & Innovation Platform?
At its core, Vizibl is all about putting collaboration and innovation right at the heart of supplier relationships. This best-in-class digital platform empowers enterprise organizations to tackle their most ambitious challenges—together with suppliers and partners. The goal? To drive mutual value and sustainable business growth. It’s a game-changer for procurement, supply chain, and sustainability pros who need to align their efforts seamlessly across complex projects and evolving business objectives.
Main Benefits of Supplier Collaboration & Innovation
Why does supplier collaboration matter so much? Here are some eye-opening facts from a recent Gartner survey:
- 62% of the most mature procurement organizations say developing stronger, more collaborative supplier relationships is a top priority.
- Top benefits include cost and quality improvements that really move the needle.
- Higher engagement in sustainability initiatives, which is becoming non-negotiable.
- Priority access to scarce capacity—super important when supply chains get tight.
With Vizibl’s unique blend of platform governance, process methodologies, and professional services, organizations can realize these benefits quickly and at scale.
Why Meaningful Supplier Relationships Are Mission Critical
Enterprise organizations today face a whirlwind of challenges—mounting investor pressure, shifting consumer demands, global supply chain crises, rampant scope 3 emissions, and yep, even a pandemic. These aren’t just bumps in the road; they’re game-changing obstacles that make procurement, supply chain, and sustainability roles absolutely central to business survival. Balancing cost and quality, ensuring supply chain continuity, and attracting external innovation? It’s all on the table. Plus, there’s the urgent need to decarbonize value chains end-to-end. Without deep, collaborative ties to suppliers and partners, businesses simply can’t keep up or stay competitive.
How Supplier Collaboration Tools Make a Difference
Organizations are increasingly leaning on supplier collaboration to tackle critical business challenges. Why? Because close collaboration can earn you that coveted ‘customer of choice’ status with key suppliers. And that status? It unlocks a treasure trove of benefits:
- Improved cost and quality management.
- Early access to existing intellectual property and future innovation.
- Sustained supply during times of shortage.
- Cooperation on supply chain sustainability initiatives.
It’s a dynamic that turns suppliers into true partners, not just vendors.
Introducing Vizibl’s Enterprise-Ready Technology
Vizibl’s platform is designed for global organizations ready to unlock the real value of their supplier relationships. It aligns key suppliers and partners around business objectives, enabling seamless collaboration on complex projects. Whether it’s sourcing innovation from the supply base, tracking ROI, or mitigating supply chain volatility, Vizibl does it all on one platform. Ambitious sustainability commitments? Check. New product introductions powered by supplier innovation? Absolutely. Growing business challenges? Vizibl’s got that covered too.
Project Impact: Aligning with Global Sustainability Goals
- Supports the Sustainable Development Goal (SDG) 9: Industry, Innovation, and Infrastructure.
- Advances SDG 12: Responsible Consumption and Production through sustainable supply chain practices.
- Contributes to SDG 13: Climate Action by enabling decarbonization of value chains.
- Promotes SDG 17: Partnerships for the Goals by fostering deep supplier collaboration.
Expanding Capabilities with the SBTi Supplier Engagement Framework
Vizibl’s new SBTi Supplier Engagement framework takes supplier collaboration and innovation to the next level. It adds depth by aligning the platform with a globally recognized reporting standard, making it easier than ever to get started. Plus, it offers comprehensive reporting and analytics to track every decarbonization action. This means organizations can move faster, measure impact more accurately, and keep sustainability front and center—all while strengthening supplier relationships.
