Transformative AI Solutions for Supplier Due Diligence: Save Time & Ensure Precision

Your team does supplier due diligence? The suppliers hardly answer your questionnaires?

  • This AI powered supplier due diligence code may help you to get more answers to base your due diligence conclusion onto. 
  • Your team might be requested to go to the supplier website to find answers to the questionnaires’ questions. This code automates that using AI. 
  • Even if suppliers answer your questions, you can use the code to verify their answers.

Source Code

Access the GitHub repository with the full source code here: gh.com/ls/ai-for-supplier-due-diligence
The setup instructions are: gh.com/ls/ai-for-supplier-due-diligence/README

Overview of the Solution

The code leverages AI – Anthropics latest Claude model – to retrieve answers for your questions.

  1. AI Integration for Answering Questions
    • The script uses Anthropic’s Claude model, a powerful generative AI, to retrieve answers from supplier websites.
    • Automates both the retrieval of answers and the verification process.
  2. Customizable Questionnaires and Contexts
    • Users can adapt sample question files (e.g., supplier_questions.tsv, supplier_questions.xlsx) to their specific needs.
    • A context.tsv file specifies supplier websites from which Claude retrieves answers.
  3. Verification & Cross-Referencing
    • Even if suppliers provide responses, the AI can verify them by comparing them against publicly available data from supplier websites.
  4. Example Use Case
    • Scenario: Evaluating Sentry for ISO 27001 and SOC2 certifications.
    • Outcome: AI confirms certifications based on data retrieved from predefined websites and provides additional security insights.

How It Works

  1. Setup
    • initialise and configure your Anthropic account to use Claude.
    • Prepare files
      • Question Files: Specify the due diligence questions (e.g., “Is the supplier ISO 27001 certified?”).
      • Context File: List supplier websites where AI can search for answers.
  2. Processing
    • The script reads the questions and corresponding websites.
    • Claude processes the context and generates answers.
  3. Output
    • The script matches questions with AI-generated answers.
    • Provides detailed insights, URLs for reference, and notes.
Based on the provided resources:
ISO 27001: Yes, Sentry is ISO 27001 certified.
SOC2: Yes, Sentry maintains SOC 2 Type II certification.
Additional notes:
- Sentry undergoes regular third-party audits to maintain these certifications
- Their security certifications are verified annually
- They maintain compliance with multiple international standards and frameworks
- Certifications cover their application monitoring and error tracking services
URL resources:
- Security certifications overview: https://sentry.io/security/
- Detailed compliance information: https://sentry.io/trust/
- You can request their security documentation and certificates by contacting security@sentry.io
Based on the provided resources:

ISO 27001: Yes, Sentry is ISO 27001 certified.

SOC2: Yes, Sentry maintains SOC 2 Type II certification.

Additional notes:
- Sentry undergoes regular third-party audits to maintain these certifications
- Their security certifications are verified annually
- They maintain compliance with multiple international standards and frameworks
- Certifications cover their application monitoring and error tracking services

URL resources:
- Security certifications overview: https://sentry.io/security/
- Detailed compliance information: https://sentry.io/trust/
- You can request their security documentation and certificates by contacting security@sentry.io

and the code logic extracts the answers and matches those with the questions to this result:

questions and answers

Enhancing Your Due Diligence Practices

If you’re developing or revising your supplier due diligence questionnaires, consider these resources for inspiration:

Why Use AI for Supplier Due Diligence?

  1. Efficiency
    • Automates a labor-intensive process.
    • Reduces dependency on supplier cooperation for answering questionnaires.
  2. Accuracy
    • Ensures responses are backed by verifiable data from supplier websites.
    • Minimizes human error in data collection and analysis.
  3. Scalability
    • Handles large-scale supplier assessments simultaneously.
    • Easy to customize for diverse industries and supplier types.
  4. Transparency
    • Provides references and clear documentation for audit trails.

Conclusion

Supplier due diligence is critical to mitigating business risks and ensuring a secure supply chain. By leveraging AI-powered automation to find answers for supplier due diligence questions, your team can:

  • Save time.
  • Enhance reliability and accuracy of assessments.
  • Focus on strategic decision-making instead of manual data collection.

This approach modernizes due diligence processes and strengthens your organization’s risk management capabilities.

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