Resources Archive - Craft.co

Supplier Intelligence for Government Acquisition and Procurement

Thu, 27 Mar 2025 17:43:17 +0000

Craft’s Supplier Intelligence Platform enables U.S. government agencies to proactively identify and mitigate supplier risks across national security, compliance, and operational stability. With real-time monitoring, deep visibility into foreign ownership and influence, regulatory compliance, financial health, and cybersecurity, Craft helps streamline due diligence and protect against disruptions. Trusted by over 60 federal agencies, the platform supports faster, more informed decisions and collaboration across procurement and acquisition teams.

Download the solution brief to learn more.

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Five steps to successfully navigate tariffs

Fri, 14 Mar 2025 16:27:21 +0000

This infographic outlines how U.S. companies can mitigate the impact of tariffs on goods from Mexico and Canada by taking proactive supply chain measures. It emphasizes the importance of supplier diversification, contract adjustments, inventory optimization, and leveraging a supplier risk management platform like Craft to gain visibility and reduce risk. With tools like N-tier mapping, AI-driven risk detection, and configurable alerts, Craft helps procurement and supply chain professionals maintain continuity, control costs, and safeguard compliance in a volatile trade environment.

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Supplier Intelligence for Higher Education

Mon, 10 Mar 2025 15:12:03 +0000

Universities are increasingly exposed to risk through third-party vendors and global research partnerships, which can jeopardize federal research funding, compliance, and sustainability goals. Craft’s Supplier Intelligence platform provides centralized visibility, automated monitoring, and AI-driven insights to help institutions identify foreign influence, manage ESG risks, and streamline due diligence across departments. With Craft, higher education institutions can ensure compliance, reduce manual processes, and protect their funding and reputation.

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Guide to N-Tier Mapping

Thu, 16 Jan 2025 18:09:37 +0000

The guide on N-Tier Mapping emphasizes the importance of gaining visibility beyond Tier 1 suppliers to identify risks, vulnerabilities, and dependencies within the extended supply chain. It highlights the challenges of collecting data from sub-tier suppliers and outlines strategies, including leveraging AI tools and prioritizing critical suppliers, to build a resilient and transparent supply chain.

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Building Resilient Supply Chains in a Changing World

Thu, 09 Jan 2025 01:02:22 +0000

In an era of geopolitical uncertainty, evolving trade policies, and supply chain disruptions, resilience is no longer optional—it’s essential. Watch our latest on-demand webinar where industry leaders share actionable insights on navigating supply chain risks and building resilience for the future.

Key Takeaways from the Webinar:

Geopolitical Challenges: Learn how tensions between the U.S. and China, evolving sanctions, and tariff uncertainties are shaping supply chain strategies in 2025 and beyond.
Risk Management Strategies: Discover why continuous monitoring and scenario planning are critical for mitigating risks in tiered supply chains.
Role of Technology: Explore how AI-powered tools and supply chain intelligence platforms are revolutionizing risk assessment and supplier vetting processes, saving time and enhancing decision-making.
Operational Resilience: Understand how best-in-class organizations balance strategic planning with day-to-day operations to stay ahead of disruptions.
Near shoring and Supplier Diversification: Gain insights into effective strategies for reducing dependency on high-risk regions while maintaining cost-efficiency and reliability.

Featured Experts:

Ilya Levtov, CEO of Craft, on leveraging AI to improve supply chain visibility and efficiency.
Drew Shoemaker, Account Manager at Anglicotech, on actionable strategies for government and defense sectors.
Philip [Last Name], Chief Strategy Officer at Cofactor, on managing electronic component risks and nearshoring challenges.

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Impact of Craft Supplier Intelligence

Tue, 22 Oct 2024 18:14:03 +0000

Craft’s Supplier Intelligence platform is helping customers simplify procurement and supply chain risk management, accelerate supplier onboarding, and avoid critical supply chain disruptions. See real-world examples of the impact delivered for Craft customers with:

Faster supplier evaluations
Increased team productivity
Savings from systems and process consolidation
Averted supply chain failures

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The Global Risk & Resilience Forum

Fri, 04 Oct 2024 18:14:36 +0000

Mimi Spear, CMO at Craft, took the stage as a panelist at Procurement and Supply Chain Live in London, discussing effective strategies to mitigate disruptions, enhance visibility, and foster a resilient supply chain. The panel explored best practices, innovative approaches, and real-world examples to help organizations navigate uncertainties and protect their operations.

Fellow panelists included:

Wayne Bell, Head of Procurement & Contract Management at the Royal British Legion
Kinga Buda, Head of Procurement at Wasabi
Natasha Gurevich, CEO of Candor Procurement and former CPO of Nike

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Setting the standard for government due diligence

Thu, 12 Sep 2024 18:14:57 +0000

Craft is setting the standard for government due diligence and is currently being used by 19 agencies in the Department of Defense. Learn which agencies are using the platform and read a short case study of how OCEA is using Craft to uncover foreign influence.

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Craft for Aerospace and Defense

Wed, 04 Sep 2024 19:01:21 +0000

In this eBook, we provide an overview of how aerospace and defense companies can simplify large-scale due diligence and reduce the threat of foreign influence in their supplier network. It also provides an overview of Craft’s Supplier Intelligence, Supplier Risk Management, and Supply Chain Risk Management solutions and key features of the platform.

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ESG Risk in the Financial Sector

Wed, 10 Jul 2024 17:55:31 +0000

Navigate ESG risk within the financial industry

Environmental, social, and governance (ESG) issues have become crucial priorities for corporations, with financial institutions playing a significant role in the transition to a sustainable future due to their ties to the fossil fuel-based economy.

This guide explores how to navigate and overcome the unique challenges financial services face amidst growing ESG regulatory pressures and increased demand for transparency and sustainable practices.

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Craft for Government – Supply Chain Risk Management

Fri, 28 Jun 2024 22:52:57 +0000

Craft’s Supply Chain Risk Management for Federal Government helps organizations understand dependencies and impact across complex global supply chains. This solution brief provides an overview of Craft’s scalable Supply Chain Risk Management platform, the robust data provided, and key features that make the solution unique.

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Craft for Government Acquisition and Procurement (SRM)

Fri, 28 Jun 2024 22:31:34 +0000

Craft for Government Acquisition and Procurement simplifies large-scale supplier risk management. With efficient vendor screening at scale, organizations can quickly understand and prioritize threats in their supplier networks. This solution brief highlights key features of Craft’s platform and how it can be scaled and configured to meet specific organizational needs.

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Supplier Risk Management for Financial Services eBook

Fri, 28 Jun 2024 22:00:46 +0000

This eBook provides an overview of how the Craft platform helps companies in the Financial Services industry protect against third-party risk and stay in compliance. It highlights risk categories that are critical to the industry, key regulations, and related data that is tracked by the Craft platform. It also provides an overview of Craft’s Supplier Intelligence, Supplier Risk Management, and Supply Chain Risk Management solutions and key features of the platform.

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Identifying Foreign Influence Infographic

Fri, 28 Jun 2024 21:07:00 +0000

Protecting national security and economic competitiveness is imperative for the United States Government and the companies they partner with in the private sector. It is critical to have effective supplier intelligence to identify companies that may be under the influence of adversarial nations. This infographic explains the type of data that can indicate potential signs of foreign influence. It also highlights benefits of the Craft’s Supplier Intelligence for Due Diligence solution and shares a case study of how the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs utilize the platform to uncover risk in companies applying for their programs.

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5 Essentials for Supplier Risk Management Success

Fri, 28 Jun 2024 09:06:11 +0000

Optimize Your Supplier Risk Management Program

Our infographic, “5 Essentials for SRM Success,” is designed to equip you with the knowledge and tools you need to enhance your supplier risk management strategy. You will discover a roadmap for defining your SRM program, best practices for optimizing your due diligence and risk monitoring process, tips on measuring the impact of disruption, and important considerations when selecting a supplier risk management solution. By integrating these essentials into your SRM strategy, you can transform how your organization approaches supplier risk and build a more resilient supply chain.

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Craft for Federal Government

Fri, 28 Jun 2024 08:08:08 +0000

This eBook provides an overview of how Craft helps organizations in the federal government simplify large scale due diligence and protect against the threat of foreign influence. It also provides an overview of Craft’s Supplier Intelligence, Supplier Risk Management, and Supply Chain Risk Management solutions and key features of the platform.

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Roadmap for defining your supplier risk management program

Fri, 28 Jun 2024 06:24:44 +0000

Supplier risk management programs are often ineffectual because they tend to be reactive, addressing issues only after they arise. Lack of sufficient upfront planning in defining the program leads to inefficient processes, slow decision making, and delays in mitigating potential risks.

This infographic provides a simple roadmap for defining a successful supplier risk management program. It highlights critical steps in the process including ownership and responsibility, identifying strategic suppliers and critical risk factors, and determining your organization’s risk appetite so that your organization can make smarter supplier decisions, protect against disruptions, and optimize supply chain strategies.

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How to Build and Execute an Effective Supplier Risk Management Strategy

Thu, 13 Jun 2024 23:22:00 +0000

Managing a global supply chain has never been more challenging, with complex, ever-evolving regulations, increasingly frequent extreme weather events, volatile geopolitical crises, and sophisticated cybercrime. To evolve from constant crisis mode to proactive risk mitigation, you need a comprehensive view of your entire supplier network and reliable, actionable intelligence. In this webinar, we’ll share three crucial components of a successful supplier risk management strategy, and how Craft’s Supplier Risk Management solution can help you: Understand risk across your entire supplier network Leverage intelligent AI-driven signals to build resilience against disruptions Create smoother collaboration across departments.

Learn how to:

Make better data-driven supplier decisions
Be proactive and recognize risk signals before disruption occurs
Improve efficiency by focusing on the issues that are most critical to your business
Mitigate risk faster with streamlined collaboration across supply chain, procurement, finance, IT, and other departments

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Safeguarding Against Foreign Influence

Fri, 24 May 2024 04:58:10 +0000

As foreign entities exert increased influence across global supply networks, quickly identifying foreign affiliation risk and getting a holistic view of suppliers can streamline the due diligence processes, safeguard supply chains, and protect against economic espionage and IP theft. Learn how OCEA is using the Craft platform and enhanced foreign influence data from Strider to help the Department of Defense evaluate and track over 50,000 suppliers.

What You’ll Learn:

What are key indicators of foreign influence and how to identify risky suppliers
What makes an effective supplier risk management solution
How OCEA streamlined the due diligence process with Craft’s platform and successfully identified foreign influence

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Three Must-Haves to Successfully Manage Compliance, Catastrophe, and Cybersecurity in Your Supply Chain

Thu, 23 May 2024 20:10:24 +0000

Managing chaos in your global supply chain has never been more challenging, with complex, ever-evolving regulations, increasingly frequent extreme weather events, volatile geopolitical crises, and sophisticated cybercrime. You need to evolve from constant crisis mode to anticipating risk and developing mitigation strategies before your supply chain is disrupted.

In this webinar, leading procurement and supply chain professionals will share insights and real-world examples to help you succeed including:

How to cut through the noise and make better data-driven decisions
Why cross-functional collaboration is so important and how to improve it
The evolving role of procurement and how it will be impacted by technology like AI
What’s important when selecting a supplier risk management platform

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Due Diligence for Federal Government

Tue, 21 May 2024 23:15:44 +0000

Simplifying large scale due diligence for government organizations

Craft’s Supplier Intelligence for Due Diligence provides government organizations with a single platform to evaluate and monitor companies in real time, and complete due diligence checks in hours instead of weeks. The platform offers extensive profiles on both public and private companies, providing a 360 view of company health and potential risks. It also features scalable portfolios, advanced search and filtering, and knowledge sharing capabilities.

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Protect Your Insurance Company From Risk

Wed, 17 Apr 2024 20:37:10 +0000

Protect your insurance company from risky third-party vendors and technology partners.

If you’re managing supply chain or procurement for an insurance company, identifying at-risk companies in your supply chain and resolving issues in a single, intuitive platform can quickly mitigate risk and avoid costly disruption.

In this Craft for Insurance Companies Solution Brief, learn about:

How supplier risk management with platforms like Craft help you identify, monitor, and mitigate risk while avoiding costly vendors.
Top supply chain challenges that affect insurance companies’ bottom line, including regulation compliance (ESG), financial, and cybersecurity.
Craft’s capabilities for mitigating risk for insurance companies, including a robust data fabric, AI-driven insights and scores, customizable alerts, and robust tracking tools to ensure compliance, protect customer data, and avoid costly fines and reputational damage.

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Building Supply Chain Resilience to Prevent Disruptions

Wed, 06 Mar 2024 23:57:15 +0000

Get insights and tips about how to build a more resilient supply chain from top experts at Colgate-Palmolive and Hapag Lloyd. In this webinar, you will learn:

What it means to have a resilient supply chain and why it is more urgent than ever in 2024
Building and balancing the crucial four elements of a successful resilient supply chain: people, process, intelligence, and technology
Real-world examples from Hapag Lloyd of how Craft’s supplier resilience platform empowers smart supplier decisions and optimized supply chain strategies

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A Resilience Model: Addressing Risk and Building Resilience

Thu, 22 Feb 2024 16:57:46 +0000

In this webinar, you’ll get a comprehensive roadmap for navigating the complexities of today’s procurement environment spanning everything from establishing foundational risk management policies to integrating cutting-edge technology on your path to building resilience.

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The Resilience Model

Thu, 15 Feb 2024 01:08:48 +0000

Addressing risk and building resilience

The Resilience Model provides a comprehensive guide for organizations – of all sizes and industries – pursuing a modern and strengthened approach to risk resilience. This whitepaper combines a detailed self-benchmarking framework with best practice guidance and insights from thought leaders on key topics including cross-functional collaboration and stakeholder relationships to Gen AI and the implementation of data-driven decision intelligence.

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[Checklist] Predict and prevent supply chain disruptions

Thu, 11 Jan 2024 19:26:29 +0000

Supply chain disruptions are becoming increasingly common and costly due to a range of complex issues, including geopolitical conflicts, inflationary pressures, labor shortages, and climate change-related events.

These issues make it harder to work with certain suppliers, reduce access to their products, and hinder the smooth flow of goods to their final destinations. That’s why many global companies are implementing supplier risk management platforms to better understand their supply chain ecosystems.

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Supply Chain Risk Management

Wed, 20 Dec 2023 19:38:08 +0000

Prevent disruption with multi-tier supplier intelligence, customizable alerts, and integrated collaboration tools.

While obtaining reliable data about your direct suppliers is crucial, a substantial portion of supply chain risk and disruption comes from second- and third-tier suppliers you may not even be aware of. Uncovering these dependencies is critical to a more complete understanding of your overall risk exposure, which may expose potential bottlenecks, an over-reliance on single-source suppliers, localized labor issues, regulatory violations, and other possible issues.

Craft Supply Chain Risk Management helps you identify and mitigate risk from not just your suppliers, but your suppliers’ suppliers.

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Supplier Risk Management

Wed, 20 Dec 2023 19:34:34 +0000

Continuously monitor supplier health and mitigate threats with AI-driven insights, prioritized alerts, and collaboration tools.

Procurement and supply chain professionals are often under-resourced yet responsible for mitigating risk across hundreds, if not thousands, of suppliers. The task of staying on top of supplier health becomes exponentially more difficult due to the many disparate, siloed tools used to assess supplier health across numerous risk categories. These solutions often overwhelm users with an abundance of alerts, making it challenging to proactively mitigate risks and identify potential disruptions before they happen.
Craft Supplier Risk Management makes it easy to assess and prioritize risk based on what’s most impactful to your organization, helping you proactively avoid costly disruptions to your supply chain.

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Supplier Intelligence for Due Diligence

Wed, 20 Dec 2023 19:30:39 +0000

Explore and evaluate suppliers in hours instead of weeks with reliable and comprehensive data.

Procurement and risk professionals spend considerable time conducting web searches, gathering data (e.g., financial, operational, ESG, cyber-related) for vendor sourcing and supplier due diligence. Obtaining reliable, comprehensive, and validated data is crucial; without it, insights, alerts, and decision-making can be compromised, increasing business risks.
By providing timely, accurate, and validated data in one easy-to-use platform, Craft saves users considerable time and boosts decision-making confidence.

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Understanding Cybersecurity Risk

Wed, 20 Dec 2023 19:19:17 +0000

Secure and protect your supply chain from cyber threats and avoid costly data breaches.

Understanding cybersecurity risk is crucial for preventing data breaches, operational disruptions, reputational damage, compliance violations, and financial losses. This becomes increasingly challenging due to the constantly evolving nature of cyber threats, complex and interconnected supplier networks, diverse cybersecurity standards, dependencies on third parties, and limited visibility into supplier practices.

Craft helps you identify at-risk companies within your supply chain, even revealing hidden threats among your supplier’s suppliers, so you can quickly and effectively mitigate risk and prevent costly disruption.

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Understanding Financial Risk

Wed, 20 Dec 2023 19:15:45 +0000

Avoid supply chain instability and disruption by understanding the financial health of your suppliers.

Failure to recognize and mitigate financial instability in your supply chain can result in disruption from canceled orders and delays, to increased costs and reputational damage. Getting an accurate understanding of your suppliers’ health, especially if you are working with private companies, can be time-consuming and challenging. Often the information available only provides a historical snapshot, not an ongoing pulse on financial health, leaving you vulnerable to changes in your suppliers’ financial health.

Craft helps you monitor the financial health of every company in your supply chain, even your suppliers’ suppliers.

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Understanding ESG Risk

Wed, 20 Dec 2023 19:11:16 +0000

Maintain compliance and protect against unethical and unsustainable practices across your supply chain by relying on timely, accurate ESG data about your vendors.

Increased regulation is making ESG reporting and compliance more critical than ever. The lack of standardized metrics, inaccuracies in self-reported data, and the prevalence of greenwashing make it challenging for organizations to obtain reliable information.

Craft addresses these challenges by providing timely, accurate ESG reporting, coupled with complete visibility into your second- and third-tier suppliers, enabling you to make informed decisions that align ethical and sustainable practices across your entire supply chain.

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Solution Brief Compliance Risk

Wed, 20 Dec 2023 19:06:41 +0000

Navigate complex global regulations and avoid penalties with customizable alerts, AI-driven insights, and centralized document tracking to prove your compliance.

Procurement and supply chain organizations are facing increasing pressure to comply with a growing number of environmental, financial, and geopolitical regulations. Non-compliance can lead to costly fines and threaten profitability.

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Understanding Geopolitical Risk

Wed, 20 Dec 2023 17:29:37 +0000

Safeguard against foreign influence, protect IP, and mitigate disruption from political tensions.

Globalization has contributed to an increasingly complex web of multi-tier supplier networks, often obscured by layers of holding companies and limited public information. This lack of transparency enables political and economic adversaries to conceal foreign ownership, steal intellectual property, disrupt critical infrastructure, and execute cyber attacks…

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The Evolution of the Auto Industry

Thu, 02 Nov 2023 21:22:49 +0000

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How one global shipping leader demystified their supply chain with Craft