New Global Standard Supplies Essential Data on Vendor Preparedness
In a vendor-credentialing initiative parallel to C4UHC’s, a supply chain specialist has launched a new global standard that can help organizations verify that suppliers can withstand disruptions — such as pandemics – without breaching employee human rights.
State of Flux developed this new standard to help companies enhance efficiencies in gathering and centralizing essential supply chain data that can be easily accessed. Based on 13 years of its own global research on supplier management practices, State of Flux worked on the standard with the International Trade Centre (ITC), a joint development agency of the United Nations and The World Trade Organization.
Ian Sayers of the ITC told Spend Matters, “Use of the standard affords the opportunity for suppliers and buyers to work collaboratively to create transparency, build stronger supply chains, and facilitate better working relationships. He added that their initiative “creates an industry-wide, rather than a single vendor, standard for excellence…”
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About C4UHC
The mission of the Consortium for Universal Healthcare Credentialing, Inc. (C4UHC), a 501 (c)(6) tax-exempt corporation, is to promote the common business interests of organizations connected with the healthcare industry in order to advance American National Standards for a streamlined healthcare credentialing process. This will protect patient safety and confidentiality, eliminate duplicative efforts and costs, and meet the needs of both healthcare providers and suppliers.
