Supply Chain Risk Management

An AI-supported supply chain control tower that provides real-time visibility over all supply chain activities, including those of suppliers and external carriers.

Insight

The Risks and Opportunities in Global Supply Chain Management

The global supply chain is a complex system of interconnected businesses, logistics operations, and customer service components. It is the backbone of global trade and commerce, and it is essential for companies to properly manage their supply chain for success. Unfortunately, the complexity of the global supply chain also presents a number of risks and opportunities that must be managed effectively. In order to understand the risks and opportunities associated with global supply chain management, it is important to first understand the global supply chain. Supply chain management involves the orchestration of a chain of activities and resources that are used to plan, source, make, and deliver a product or service. This includes activities such as product development, sourcing, manufacturing, distribution, and customer service.

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WHAT'S REQUIRED

Our Service Offerings

1. Functional risk

In response to sudden supply chain network changes, we offer improved real-time visibility and risk identification and mitigation solutions for professional use. These solutions enable organizations to quickly adapt, identify and mitigate risks, and ensure smooth operations.

2. Operational risk

Adapt to ever-changing supply/demand through scenario planning and modelling, combined with risk and opportunity assessment, as part of Sales and Operations Planning. This professional approach helps to ensure successful, effective planning.

3. Strategic risk

Maximise resilience and agility by leveraging network modelling and simulation, strategic buffer sizes and multiple sourcing options to successfully manage uncertain environments.

Establishing A Comprehensive Risk Management Framework in Your Supply Chain

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Having a well-established risk management framework in place is a critical part of running a successful business. It’s especially important when it comes to managing the supply chain of a business, as it helps to ensure that the company is able to anticipate, plan for and mitigate any potential risks that may arise. In order to establish a comprehensive risk management framework in your supply chain, it is important to first understand the different components of a supply chain and the risks associated with them. Supply chains are comprised of several interconnected processes that, when working together, help to get products to customers in a timely and cost-effective manner. These processes include procurement, production, logistics, and distribution. Each of these processes carries with it a unique set of risks that must be managed.

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Supply Chain Risk Management Blogs

Read what our bloggers are saying about the Market insights, trends, consumer forces and predictions for the banking industry

The Impact of Digitalization on Supply Chain Risk Management

Digitalization has revolutionized the way companies manage their supply chains. With the advent of new technologies, companies have been able to optimize their supply chain operations to reduce costs and increase efficiency. The increased visibility and transparency that digitalization has brought to the supply chain has also enabled companies to better manage supply chain risk.

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The Role of Automation in Supply Chain Risk Management

In today’s rapidly changing business environment, supply chain risk management has become an essential part of ensuring business success. With the ever-growing complexity of global supply chains, the ability to quickly identify and mitigate risks is vital for companies to remain competitive. As a result, many businesses are turning to automation to help manage the risks associated with their supply chains.

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