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Supplier Performance Case Study

Understand the correlation between financial health and supplier performance

High risk companies are:

  • 2.0x more likely to provide very poor quality
  • 2.6x more likely to provide very poor delivery

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Examining Erin Energy Corp's deterioration and ultimate bankruptcy filing using the Financial Health Rating (FHR®):

  • Filed for bankruptcy protection in Texas on April 25th, 2018 with an FHR of 16
  • Fell in the bottom 3% of financial health across U.S. public companies
  • Significantly underperformed compared to its Oil & Gas sector peers