Dun & Bradstreet Launches New Global Supply Chain Solution

Dun & Bradstreet Corp DNB has unveiled a fresh global supply chain solution. According to the company, it would help companies identify human trafficking. The solution meant to manage better the global supply chains by offering a clear view into a company's family tree and corporate linkages thus helping to gain transparency into the several layers of vendors used throughout the procurement process.

Dun & Bradstreet's Leader in Global Supply & Risk Solutions, Greg Iaquinto, commented, "Companies want to be responsible corporate citizens, but we hear time and again that they are underprepared and overwhelmed to meet supply chain due diligence requirements."

Iaquinto added, "The rising importance of responsible business practices has added to the challenges faced by procurement and supply chain professionals who are eager for a multi-perspective view into their supply chains but don't know where to begin. We are pleased to use our data and analytics to help our customers manage their crucial business relationships by gaining greater insights and more transparency into the many layers of vendors and suppliers they do business with directly or indirectly."

The company stated that the HTR index was the first solution to market within the company's emergent Responsible Business Analytics suite. Dun & Bradstreet's linkage capabilities through the D-U-N-S Number enable a single, integrated view of companies and the relationships between them.

On Wednesday, the stock traded higher by 1.6 percent.