Corbus and LexisNexis Collaborate to Leverage Market Intelligence and Better Manage Supply Chain Risk
(PRWEB) November 27, 2013 -- Corbus, LLC, a global Information Technology and Sourcing and Procurement services provider, is collaborating with LexisNexis, a leading global provider of content and technology solutions, to offer two LexisNexis® products that help companies mitigate supply-chain risks more effectively and efficiently. This collaboration leverages the strengths of these two Dayton-based companies, delivering supply market risk monitoring and intelligence to increase the value of outsourced procurement operations.
One of the products, Lexis® Diligence, helps clients gain better intelligence when evaluating potential or existing suppliers. With Lexis Diligence, companies can perform searches on an organization or an individual using a customized due diligence approach with default preferences that ensure consistency across all users. Companies can also search across multiple databases to get comprehensive and relevant matches quickly. These robust databases include news and business information, sanctions, watch lists, politically exposed persons (PEPs), litigation history, public records and more.
The other product, LexisNexis SmartWatch®, enables companies to anticipate and manage supplier risk, minimize supply chain disruptions, help prevent possible litigation and protect corporate brands. The tool goes beyond standard risk awareness with visual dashboards and alerts that proactively monitor thousands of global suppliers across several risk categories.
“We’ve had existing clients come to us asking for risk mitigation and supplier monitoring tools before, so it just seemed to make sense to work with LexisNexis. Corbus firmly stands by transforming each and every one of its client organizations. Utilizing these analytical data driven tools from LexisNexis will allow us to further deliver on that mission.”
-David Spencer, Senior Vice President, Business Development and Marketing Corbus, LLC
This recent collaboration is a continuation of the Corbus effort to expand upon its initiative to align with organizations that can bring additional resources to the table. Corbus also recently secured a partnership with Sitecore, a global leader in customer experience management software that delivers highly relevant content and personalized digital experiences that delight audiences, increase loyalty and drive revenue.
About Corbus, LLC
Corbus, LLC, a global solutions provider founded in 1994, offers superior services combining years of experience, solid partnerships and adaptability. Corbus’ solution offering includes Information Technology and Sourcing and Procurement services. Corbus creates technology-empowered solutions with industry leading processes and technologies that deliver business value to global clients through year-on-year savings, and are known for the ability to work in true partnership with clients to innovate and bring cost reduction along with enhanced product quality. With competitive positioning and complete transparency, Corbus and clients together achieve success. For more information, visit http://www.corbus.com.
About LexisNexis Legal & Professional
LexisNexis® Legal & Professional is a leading global provider of content and technology solutions that enable professionals in legal, corporate, tax, government, academic and non-profit organizations to make informed decisions and achieve better business outcomes. As a digital pioneer, the company was the first to bring legal and business information online with its Lexis® and Nexis® services. Today, LexisNexis Legal & Professional harnesses leading-edge technology and world-class content, to help professionals work in faster, easier and more effective ways. Through close collaboration with its customers, the company ensures organizations can leverage its solutions to reduce risk, improve productivity, increase profitability and grow their business. Part of Reed Elsevier, LexisNexis Legal & Professional serves customers in more than 100 countries with 10,000 employees worldwide. For more information, visit http://www.lexisnexis.com.
Kate Mosure, Corbus, http://www.corbus.com, 937-610-4027, [email protected]
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