How Data Collection Methodology Drives Data Quality
In today’s digital age, a supply chain due diligence program is only as valuable as the data that underpins it. As companies navigate an increasingly complex web of international compliance requirements, they face the challenge of building a comprehensive supplier database on a global scale. To do this effectively, their data collection and management efforts must facilitate accuracy, completeness, timeliness, granularity, relevancy, and consistency. If one or more of these pillars are compromised, data integrity declines quickly, leading to inaction.
When it comes to monitoring and engagement, digitization and automation can play a key role in keeping your supplier sustainability programs on track. By eliminating manual touchpoints, businesses can transform a cumbersome, time-intensive annual survey into a dynamic, real-time data source—already formatted for analytics.
At G360, we offer a suite of data collection tools to help companies achieve this, including our highly customizable GForm. Through the GForm functionality, you can custom-build your own self-assessment questionnaires to fit any sustainability program and scale your due diligence as regulations arise. Not only can you set key parameters such as required file attachments, due dates, and scoring to align with reporting needs, but you can also optimize your notifications through business rules to ensure the relevant stakeholders are participating in the process flow on time and as needed.
If you are ready to fortify your responsible sourcing and sustainability strategies, reach out to schedule a demo, or visit our platform page to learn more about how G360 can streamline your due diligence.