Signify: Signify Automates, Standardizes and Innovates Supply Chain Risk Management

Signify Automates, Standardizes and Innovates Supply Chain Risk Management

Signify is the world leader in lighting. Headquartered in the Netherlands, the company produces quality lighting products, systems and services. Extreme risk events, including the COVID-19 pandemic, key component shortages and geopolitical events, have put great demands on procurement. 

In this case study, learn how Sphera Supply Chain Risk Management [formerly riskmethods] plays a key role in Signify’s digital transformation of procurement:  

• What challenges Signify faced and why it chose Sphera Supply Chain Risk Management (SCRM). 
• How Signify implemented Sphera SCRM to streamline processes. 
• How Sphera SCRM contributes to a standardization, automation and innovation in procurement. 

Environmental, social and governance (ESG) issues are also central to the transition at Signify. Through Sphera SCRM, Signify can monitor for noncompliance among its suppliers and encourage best practice.