Renee Ure Joins TYS as a Business Advisor

We are thrilled to announce that Trust Your Supplier (TYS) has a new addition to our team! Please give a warm welcome to Renee Ure, who has joined us as a dedicated Business Advisor. ??

Renee has always been an ardent supporter of TYS since the beginning, and we consider ourselves extremely fortunate to have her on board in this formal position. Her expertise and unwavering passion for supply chain management will play a crucial role in shaping our solutions and forging impactful partnerships that will revolutionize the entire industry. ?

With Renee’s valuable insights and forward-thinking mindset, we are confident that TYS will continue to lead the way in transforming how the procurement and supply chain operates.

✨ Join us in congratulating Renee and let’s embark on this exciting journey together! Stay tuned for more updates as we work towards an even brighter future.

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Trust Your Supplier (TYS) is a small Minority and Women-owned business with a global reach, offering an innovative blockchain-based solution for supplier and risk management to large and mid-size enterprises. By harnessing the immutability of the blockchain, TYS ensures daily monitoring with historical, predictive, and prescriptive risk insights, enabling trusted data exchange and workflow automation beyond traditional boundaries. This distributed ledger technology fosters transparency, efficiency, and empowerment for businesses to effectively manage suppliers and mitigate risks.

#ProcurementExcellence #DigitalTransformation #Procurement #ProcurementComliance #RiskManagement #SupplyChainSolutions #FinancialRiskMitigation #SanctionsCompliance #ESGStrategy #ClimateRiskManagement #SustainableSourcing #SupplyChainResilience #RiskandCompliance #EthicalSourcing #FinancialCompliance #ESGReporting #ClimateResilience #SupplierDiversity #GlobalTradeCompliance #SupplyChainVisibility #ESGPerformance #ClimateChangeAdaptation #ProcurementInnovation #RiskAssessment #SupplyChainRisk #EthicalBusiness #CarbonFootprint #SupplyChainTransparency #ESGInvesting #ClimatePolicy #SustainableProcurement #RegulatoryCompliance #ProcurementLeadership #CPO

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FAQ: How do questionnaires play a role in supplier compliance & risk management?

Frequently Asked Question: How do questionnaires play a role in supplier compliance & risk management?

How do questionnaires play a role in supplier compliance & risk management?   Trust Your Supplier (TYS) questionnaire features range from supplier self-audit forms to predictive questionnaires. 

Learn more about these and other questionnaire features with these resources: 

TYS Questionnaire Features Infographic 

The “Q” Word blog post

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FAQ: Why Blockchain?

Frequently Asked Question: Why did Trust Your Supplier choose blockchain for our platform?

Our parent company, Chainyard, specializes in building blockchain solutions that solve business problems.  Procurement and compliance teams rely on massive amounts of supplier and third party data to make strategic decisions. Data that is not secure cannot be trusted.  

We chose blockchain technology because the records of all transactions are stored within one immutable platform and are accessible at any given point in time with version control, change history, and audit logs.  Data Security = Trust 

Trust. It’s not just in our name, it’s in our technology. 

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FAQ: Why Supplier Management?

Frequently Asked Question: Why did Trust Your Supplier choose to tackle supplier management?

We realized that there was a large gap in the reliability of supplier data. With today’s supply chain risks, volatility in supply, and the increased regulatory situation, traditional methods to discover, onboard and monitor suppliers can’t keep up with the pace of changing information. 

Fundamental to all supply chains is the “supplier”. Globalization requires proper vetting and risk assessment of suppliers across a broad spectrum of subject areas to ensure trust, transparency, and compliance with global regulations.  

The pandemic has demonstrated that a lack of supplier diversity and reliance on one or two concentrated suppliers can lead to a total supply disruption, higher costs, and process inefficiencies. As part of their material risk and qualification assessments, investors, buyers, and consumers are requiring suppliers to demonstrate ESG and sustainability initiatives.  

Our parent company, Chainyard, believes that a blockchain-powered solution such as Trust Your Supplier is foundational to the future of supplier management. 

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FAQ: What is the Importance of Standardization?

Frequently Asked Question: What is the importance of standardization?

Trust Your Supplier has endeavored to bring together buyer organizations across and within industries to determine the best practices and key questions needed to ensure supplier questionnaires address compliance and risk perspectives. Our questionnaires were built with key regulatory questions that address global, local and industry specific requirements. 

These standardized questionnaires and workflows reduce onboarding time by allowing suppliers to focus on any unique questions without having to readdress shared questions. This gives suppliers a better experience overall, while reducing time, effort and costs for both parties. Internally, organizations can move in an agile way to get the suppliers they need and meet their goals & deadlines. 

Watch this short video to learn more. http://trustyoursupplier.ai/resources/cycle-time/ 

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Welcome Nick Picone

We are excited to welcome Nick Picone to the Trust Your Supplier team! Nick joins us as the Vice President of Advisory Practice and is responsible for worldwide sales execution and advisory practice strategy.  

Bringing more than a decade of experience in the business software industry. For the last six years, Nick has served as an independent management consultant and spend management strategy advisor to Fortune 500 companies, hedge funds, private equity, and institutional investors. Before that, he was the Director of Strategic Sales at Coupa Software as the company scaled to an IPO. View his full bio here.   

“My main priority is ensuring the success of our customers as we rapidly expand TYS’s footprint across the globe. Our supplier management platform defines disruptive innovation and will play a critical role in securing the future of the global supply chain. I look forward to working alongside our leadership team as we take TYS’s success to the next level.” 

Nick earned a bachelor’s degree in business administration with an emphasis in Finance and Entrepreneurship from Baldwin-Wallace University.  

We are delighted that Nick has joined our executive team to ensure the success of our customers, increase network adoption and establish new partnerships. 

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Welcome Stephanie Werner

We are thrilled to introduce our new Senior Vice President (SVP) of Global Marketing, Stephanie Werner, MBA, PCM®, CDMP, who has joined our team at Trust Your Supplier. Stephanie is a seasoned professional with extensive experience in marketing strategy and execution, brand management, demand generation, and product positioning.

Stephanie brings a wealth of knowledge and expertise to our organization, having worked for nearly 20 years in various leadership roles in marketing and communications across multiple industries. She has a proven track record of driving growth, increasing market share, and building high-performance teams.

“I am beyond excited to join the incredible Trust Your Supplier team. I am eager to spearhead the development and implementation of our global marketing strategy. I get to support the growth of this amazing organization and launch new solutions to meet the evolving needs of our customers. I am truly grateful for this opportunity and can’t wait to work alongside such a fantastic team.” ~Stephanie Werner

Please join us in welcoming Stephanie to our team. We are so excited to have her on board and look forward to working with her to drive further growth and success for our organization.

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