How to perform a risk check for not-registered suppliers

TABLE OF CONTENTS


You can carry out a risk check to assess abstract risks of those suppliers who did not register an account on the VERSO Supply Chain Hub.

I. Performing a Risk Check

1. Click on the user icon (your name) on the upper right. 

2. Select "Risk Check" from the drop-down user menu. 

Mark suppliers with tags for risk relevant information collected outside the platform (e.g., too small/no influence, other risk information available resulting in low/high risk)

Follow the 3 steps shown in the window that opens after clicking "Risk Check":

  • Download the risk check template (don't check the boxes)
    • Once the template is downloaded, suppliers with open or rejected connection requests are automatically inserted with any additional information (e.g., supplier ID, date connection request sent, whether request has been rejected, tags)
  • Add countries via full English name or ISO-Code (mandatory field) for the analysis of country risks
  • If available, include NACE codes for the analysis of sector risks
  • Add additional suppliers if necessary
  • Upload the Excel file again. All risks according to the LkSG are then automatically inserted.

 

After uploading the filled-out template (step 3), you will have the option of downloading the result of the risk check.

Once the template is uploaded, it will be stored on the server with the name of the person who carried out the risk check and the date so that it can be downloaded by all users of the company at any time.

 

The acronym NACE, Nomenclature of Economic Activities, designates the integrated classification system for products and economic activities.

The NACE codes are a standard classification system of similar European industries in function to Standard Industry Classification (SIC) and North American Industry Classification System (NAICS) for classifying business activities.

NACE codes provide a framework for the collection and presentation, based on economic activity, of a wide range of statistics in economic fields such as production, employment, national accounts, and others.

The statistics produced on the basis of NACE codes are comparable at the European level and more generally at the global level. The use of NACE codes is compulsory within the European statistics system.