Are you struggling to find a trustworthy supplier in today’s complex manufacturing world? With so many options, it can feel impossible to know who really delivers on their promises. That’s where IBM’s Trust Your Supplier program comes in—helping you connect with reliable, high-quality factories. Choosing the right partner means smoother operations, fewer headaches, and stronger business results. Curious which manufacturers stand out from the crowd? Read on for our side-by-side comparison of the top IBM Trust Your Supplier factories!
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Home – Trust Your Supplier
Product Details:
Trust Your Supplier offers an intelligent supplier management platform that streamlines supplier discovery, onboarding, qualification, monitoring, and compliance, powered by integrated risk intelligence, automated workflows, and AI-driven reporting to enhance procurement efficiency and reduce risk.
Technical Parameters:
– Integrated risk insights and real-time risk intelligence
– Automated compliance workflows and dynamic assessments
– Bank validations and fraud prevention tools
– AI-powered customized reports and dynamic dashboards
Application Scenarios:
– Supplier onboarding and prequalification processes
– Ongoing supplier risk monitoring for procurement teams
– Ensuring compliance with evolving supply chain regulations
– Preventing payment fraud through bank detail validation
Pros:
– Reduces complexity and speeds up procurement processes
– Improves risk management with real-time intelligence and proactive monitoring
– Ensures regulatory compliance with automated workflows
– Enables data-driven decisions through advanced reporting and dashboards
Cons:
– Potential users may require integration or training for full adoption
– Details about system compatibility or specific technical requirements are not
What is the Trust Your Supplier blockchain network? – IBM MediaCenter
Product Details:
Trust Your Supplier is a blockchain-based network offered by IBM designed to facilitate supplier information management and validation across organizations by providing a decentralized, trusted, and secure platform for supplier verification.
Technical Parameters:
– Built on blockchain technology for decentralized and tamper-evident records
– Supports integration with supplier qualification and procurement systems
– Provides secure sharing of supplier data between network participants
Application Scenarios:
– Streamlining supplier onboarding and verification across enterprises
– Reducing risk and improving efficiency in supply chain management
– Facilitating compliance and transparency for supplier information
Pros:
– Enhances trust and accuracy in supplier data through decentralized verification
– Reduces redundancies and manual efforts in supplier onboarding
– Improves security and data integrity for sensitive supplier information
Cons:
– Potential integration challenges with legacy procurement systems
– Requires participation from multiple stakeholders to maximize value
How Blockchain Is Redefining Supplier Onboarding – IBM Newsroom
Product Details:
Trust Your Supplier is a blockchain-based supplier onboarding platform developed by IBM in collaboration with Chainyard. The platform streamlines and secures supplier validation and onboarding processes, creating a digital repository for supplier identities, onboarding data, and third-party validations. It is designed to replace inefficient, paper-based, point-to-point processes with a network-based approach that leverages blockchain for transparency, trust, and process efficiency.
Technical Parameters:
– Built on blockchain technology (leveraging Hyperledger)
– Integrates with IBM’s Supply Chain Business Network and is e-procurement
– Supports input from third-party validators (e.g., Dun & Bradstreet)
– Enables digital identity verification tied to tax identification numbers
Application Scenarios:
– Onboarding and validation of new suppliers for large enterprises and
– Reducing operational expenditures and delays associated with supplier management
– Mitigating fraud in supplier onboarding by verifying identities and flagging
– Building an ecosystem for third-party applications such as risk management and
Pros:
– Reduces supplier onboarding time from up to 30 days to 2-5 days
– Decreases operational expenditures by around 50% for supplier onboarding and
– Improves data accuracy and trustworthiness through shared, validated, and
– Flexible integration with multiple business networks and procurement platforms
Cons:
– Adoption and network effect are limited by how quickly buyers and suppliers
– Initial setup may require governance and alignment among multiple partners
– Transitioning from existing point-to-point processes to a networked model may
IBM launches Trust Your Supplier blockchain network | ZDNET
Product Details:
Trust Your Supplier (TYS) is a blockchain-based network developed by IBM and Chainyard designed to improve supplier onboarding and information management for enterprises.
Technical Parameters:
– Based on IBM Blockchain built on Hyperledger Fabric
– Enables digital identity sharing and authentication for suppliers
– Integrates with procurement platforms (e.g., SAP Ariba)
– Features include security, audit trails, and automation of supplier management
Application Scenarios:
– Streamlining and automating supplier onboarding in large enterprises
– Improving compliance and reducing risk in supplier information management
– Sharing validated supplier data across companies in a secure environment
Pros:
– Reduces supplier onboarding time and paperwork
– Enhances data accuracy and trust through decentralized validation
– Lowers operational and compliance costs
Cons:
– Requires industry adoption to maximize benefits
– Implementation complexity due to integration with existing procurement systems
IBM launches blockchain supplier management platform with Anheuser …
Product Details:
IBM’s Trust Your Supplier is a blockchain-enabled supplier management platform that digitizes and secures supplier information, qualifications, onboarding, and management processes. Developed in partnership with Chainyard, it creates a digital passport for supplier identity and allows data sharing with permissioned buyers on the blockchain network.
Technical Parameters:
– Blockchain-based platform for secure and digitized supplier information
– Creates a digital passport for supplier identity, shareable with permissioned
– Compatible with IBM’s Supply Chain Business Network and can connect with
– Reduces supplier onboarding time by 70%-80% and administrative costs by 50%
Application Scenarios:
– Supplier onboarding and qualification verification for large enterprises
– Sharing supplier credentials securely with multiple buyers
– Integrating and streamlining procurement processes across existing business
– Managing supplier information for industries like technology, pharmaceuticals,
Pros:
– Significant reduction in onboarding time and administrative costs
– Centralized and trusted supplier identity management using blockchain
– Eliminates duplication of data entry across multiple systems/networks
– Enhanced security and transparency in supplier information management
Cons:
– Full commercial rollout and adoption may take time as onboarding continues
– Dependent on suppliers and buyers joining and using the blockchain network
Trust Your Supplier: a case study in faster, more secure vendor …
Product Details:
Trust Your Supplier (TYS) is a blockchain-based platform developed to streamline, secure, and accelerate vendor onboarding and management processes for enterprises.
Technical Parameters:
– Utilizes permissioned blockchain network (Hyperledger Fabric)
– Supports digital identity management for suppliers
– Integrates smart contracts for enhanced workflow automation
– Facilitates data sharing with granular privacy controls
Application Scenarios:
– Supplier onboarding for large enterprises
– Third-party risk management and compliance auditing
– Global procurement and sourcing processes optimization
– Information sharing among procurement partners or consortia
Pros:
– Reduces vendor onboarding time from weeks to days
– Enhances data integrity and security using blockchain
– Minimizes redundant data verification among multiple buyers
– Improves compliance through a tamper-evident audit trail
Cons:
– Initial integration and adoption may be complex for legacy systems
– Supplier participation is necessary for full network benefits
About TYS – Trust Your Supplier
Product Details:
Trust Your Supplier (TYS) is a decentralized, blockchain-powered platform for supplier management that streamlines supplier onboarding, validation, and lifecycle management. TYS acts as a single, centralized platform for both buyers and suppliers to manage supplier data securely and efficiently, minimizing administrative burdens and manual errors.
Technical Parameters:
– Built on decentralized blockchain technology providing immutable records
– Centralized platform for maintaining and sharing supplier information
– Secured with patented supplier information management process (U.S. Patent #11
– Supports transparent, secure onboarding and continuous supplier lifecycle
Application Scenarios:
– Streamlining supplier onboarding and validation for organizations
– Reducing redundancy and administrative tasks in maintaining supplier records
– Supporting procurement organizations, compliance teams, and auditors with
– Managing complex, global supply chains requiring enhanced transparency and trust
Pros:
– Enhanced data security and provenance through blockchain immutability
– Reduces manual errors and administrative burdens for both buyers and suppliers
– Facilitates faster, more efficient supplier onboarding and compliance
– Provides unparalleled transparency and trust in supplier information
Cons:
– Potential learning curve or onboarding effort for organizations unfamiliar with
– Reliance on a centralized platform could introduce integration challenges with
What it will take to enable trusted, transparent and efficient … – IBM
Product Details:
IBM offers a suite of supply chain solutions focused on enabling trusted, transparent, and efficient supplier collaboration. Key products include IBM Sterling Business Transaction Intelligence Multi-Enterprise (leveraging blockchain and AI), IBM Sterling Transaction Manager and Catalog Manager (for digitizing and automating B2B transactions, particularly for non-EDI partners), and IBM Rapid Supplier Connect (a COVID-driven digital solution for quick supplier onboarding and discovery).
Technical Parameters:
– Blockchain-enabled shared ledger for real-time, multi-enterprise B2B
– Embedded AI for proactive discrepancy alerts and disruption management.
– Web-based portals for onboarding and transaction management, accessible to
– Integration with inventory visibility and supplier credential solutions for
Application Scenarios:
– Multi-tier supplier collaboration to increase transparency and mitigate supply
– Simplification of supplier onboarding and digital management of procure-to-pay/o
– Enabling rapid sourcing and validation of suppliers in emergency situations,
– Providing real-time supply chain visibility for highly regulated or high-stakes
Pros:
– Real-time, unified visibility of B2B transactions enables faster response to
– Blockchain integration increases trust and transparency across all supply chain
– AI-driven alerts help users proactively identify and manage potential issues
– Web-based portals and catalog management lower technology barriers for
Cons:
– Potential complexity in implementation and integration with existing legacy
– Certain features (e.g., blockchain-based visibility) may require buy-in and
– Reliance on cloud-based platforms might raise data security or regulatory
IBM, Chainyard and Trust Your Supplier – enterprisetimes.co.uk
Product Details:
Trust Your Supplier (TYS) is a blockchain-based network introduced by IBM and Chainyard, designed to improve supplier qualification, validation, onboarding, and lifecycle information management for enterprises. It provides a decentralized approach to securely manage supplier data, leveraging blockchain’s features for immutability and auditability.
Technical Parameters:
– Built on IBM Blockchain Platform
– Decentralized network design
– Provides immutable audit trails
– Supports verification and tracking of documents such as ISO certifications,
Application Scenarios:
– Supplier onboarding and qualification for large enterprises
– Managing supplier lifecycle information across multiple industries
– Streamlining procurement processes in sectors like tech, telecom, pharma,
– Reducing risk and complexity in supply chain information management
Pros:
– Reduces manual, time-consuming supplier management processes
– Lowers procurement costs and complexity
– Accelerates supplier onboarding and lifecycle management
– Decreases risk of fraud and errors through secure, auditable records
Cons:
– Implementation relies on blockchain adoption, which may present integration
– Potentially high initial setup or transition costs for organizations moving
Reimagining Supplier Onboarding And Compliance With Blockchain – Forbes
Product Details:
A blockchain-based platform designed to streamline supplier onboarding and compliance management by providing a shared, transparent, and immutable record for all supplier-related activities and documents.
Technical Parameters:
– Utilizes distributed ledger (blockchain) technology for data integrity and
– Allows integration with existing supplier management and procurement systems
– Supports digital identity verification and document validation
– Automates workflows for document submission, approval, and compliance checks
Application Scenarios:
– Supplier onboarding processes in large enterprises
– Ongoing compliance management for vendors and third-party suppliers
– Industries requiring strict regulatory compliance (e.g., pharmaceuticals,
Pros:
– Reduces onboarding time and manual paperwork through process automation
– Enhances data security and trust via immutable records
– Improves transparency across multiple stakeholders
– Reduces compliance risks by providing real-time verification and audit trails
Cons:
– Implementation may require significant change management
– Integration with legacy systems can be complex
Comparison Table
| Company | Product Details | Pros | Cons | Website |
|---|---|---|---|---|
| Home – Trust Your Supplier | Trust Your Supplier offers an intelligent supplier management platform that | Reduces complexity and speeds up procurement processes Improves risk management | Potential users may require integration or training for full adoption Details | trustyoursupplier.com |
| What is the Trust Your Supplier blockchain network? – IBM MediaCenter | Trust Your Supplier is a blockchain-based network offered by IBM designed to | Enhances trust and accuracy in supplier data through decentralized | Potential integration challenges with legacy procurement systems Requires | mediacenter.ibm.com |
| How Blockchain Is Redefining Supplier Onboarding – IBM Newsroom | Trust Your Supplier is a blockchain-based supplier onboarding platform | Reduces supplier onboarding time from up to 30 days to 2-5 days Decreases | Adoption and network effect are limited by how quickly buyers and suppliers | newsroom.ibm.com |
| IBM launches Trust Your Supplier blockchain network | ZDNET | Trust Your Supplier (TYS) is a blockchain-based network developed by IBM and | Reduces supplier onboarding time and paperwork Enhances data accuracy and trust | Requires industry adoption to maximize benefits Implementation complexity due |
| IBM launches blockchain supplier management platform with Anheuser … | IBM’s Trust Your Supplier is a blockchain-enabled supplier management platform | Significant reduction in onboarding time and administrative costs Centralized | Full commercial rollout and adoption may take time as onboarding continues Depen | www.supplychaindive.com |
| Trust Your Supplier: a case study in faster, more secure vendor … | Trust Your Supplier (TYS) is a blockchain-based platform developed to | Reduces vendor onboarding time from weeks to days Enhances data integrity and | Initial integration and adoption may be complex for legacy systems Supplier | www.lfdecentralizedtrust.org |
| About TYS – Trust Your Supplier | Trust Your Supplier (TYS) is a decentralized, blockchain-powered platform for | Enhanced data security and provenance through blockchain immutability Reduces | Potential learning curve or onboarding effort for organizations unfamiliar with | trustyoursupplier.com |
| What it will take to enable trusted, transparent and efficient … – IBM | IBM offers a suite of supply chain solutions focused on enabling trusted, | Real-time, unified visibility of B2B transactions enables faster response to | Potential complexity in implementation and integration with existing legacy | www.ibm.com |
| IBM, Chainyard and Trust Your Supplier – enterprisetimes.co.uk | Trust Your Supplier (TYS) is a blockchain-based network introduced by IBM and | Reduces manual, time-consuming supplier management processes Lowers procurement | Implementation relies on blockchain adoption, which may present integration | www.enterprisetimes.co.uk |
| Reimagining Supplier Onboarding And Compliance With Blockchain – Forbes | A blockchain-based platform designed to streamline supplier onboarding and | Reduces onboarding time and manual paperwork through process automation Enhances | Implementation may require significant change management Integration with | www.forbes.com |
Frequently Asked Questions (FAQs)
How do I find IBM Trust Your Supplier (TYS) approved factories or manufacturers?
Start by accessing the IBM Trust Your Supplier portal, where you can search for verified suppliers. You may also ask your IBM account manager for recommendations or check supplier directories that indicate TYS certification.
What are the benefits of choosing a TYS-approved supplier?
TYS-approved suppliers have been thoroughly vetted for compliance, data security, and operational standards. This means you’re more likely to work with reliable partners that meet industry and regulatory requirements, reducing your risk.
How can I verify if a factory or manufacturer is truly TYS-approved?
Ask the supplier for their TYS certificate or status report. You can also cross-check their credentials directly on the IBM TYS platform or request verification from your IBM representative for extra assurance.
What should I consider besides TYS approval when selecting a supplier?
Look at quality standards, production capabilities, pricing, lead times, communication responsiveness, and previous client feedback. TYS approval is important, but overall fit with your business needs is crucial.
Can suppliers outside the IBM TYS network be trusted?
While many trustworthy suppliers exist outside the TYS network, choosing TYS-approved partners gives you added peace of mind due to IBM’s rigorous evaluation. If you opt for non-TYS suppliers, do extra due diligence.
