Supplier Verification Program (S.V.P)

Vietnam Supplier Verification Program

In keeping with Dun & Bradstreet's philosophy of helping companies Decide With Confidence, D&B Asia Pacific Partnerships is launching its own Supplier Verification Program ("S.V.P.") in Vietnam by reaching out to local suppliers. This new program is designed to address the increasing demand in Vietnam for more transparency in supplier authentication and verification.

Under this program, S.V.P. Corporate Partners will require their current and prospective suppliers to undergo a yearly standard and centralized Vendor Pre-Qualification procedure. Dun & Bradstreet will conduct the comprehensive assessment and pre-qualification using its proprietary DUNSRight™ Quality Process. D&B Supplier Information Reports, paid for by the Supplier, will be provided by D&B to both suppliers and S.V.P. Corporate Partners.

A limited number of Corporate S.V.P. Partners will be invited to participate in this valuable program, a worthwhile contribution to better supplier authentication in Vietnam and also enhances the sponsoring company’s image and stature.

Build a Strategic Partnership with Vietnam Suppliers

Benefits For S.V.P. Corporate Partners:

• Significantly reduce company overhead costs on vendor pre-qualification, increase efficiency and productivity
• D&B Supplier Information Reports (including a D&B Risk Rating) will be provided for each of your supplier
• Company exposure in all related print and online advertisements to promote the D&B Supplier Verification Program
• Quarterly reports on D&B Vietnam's Business Optimum Index – a measurement of the pulse of the Vietnam business community and serves as a reliable benchmark for business planning and decision-making
• Half-yearly monitoring of suppliers' Credit Risk Index (CRI), a proprietary D&B risk assessment solution. Tracking of CRI trend is crucial in identify potential risk and opportunities among registered suppliers.
• Networking opportunities with Vietnam's industry leaders through D&B Sponsored Industry conferences.

Benefits For D&B SVP Corporate Suppliers:

• Ensure that vendor evaluation is fairly being done and with no biases.
• A Supplier Information Report will be done on their company and provided to them
• A D&B Registered Online Seal incorporating Vendor company’s profile, visible in Vendor website as well as through D&B’s Global Directory of Businesses as certification that they’ve passed D&B Supplier Authentication process.
• The D&B Registered online seal opens new areas of opportunity for suppliers as:
  • Enabling potential customers, suppliers and lenders to easily identify and learn about their company
  • Enhancing the credibility of their business by verifying its existence and legitimacy
• Vendors become part of a globally recognized vendor database via the DـUـNـS® Number

Talk to a D&B consultant today. Call +84 838 219261 or e-mail us today