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Supply Chain Risk Analytics
Supply Chain Risk Analytics is a digital tool to help identify, quantify and mitigate potential risks in the supply and build resilience against disruptions
Supply Chain Risk
SC Risk Illuminator is a digital tool to help client quickly identify, quantify and mitigate potential risks in their supply chain
What it is
Supply chain risk analytics is an integrated ecosystem of analytical tools which can derive insights on your supply chain’s resilience from a variety of data sources and inform strategic decision-making
Illumination of Tier-n supply chain to identify suppliers leveraging material tracing
Holistic assessment of SC risks across 7 dimensions (Financial, structural, reputational, etc.)
Prioritization of high impact risks for strategic mitigation planning and implementation
Check out a demo
How it works
Supply Chain Risk Analytics supports building the assessment and monitoring capability to manage and improve resilience over the long term
Identify and document sources of supply chain risk
Understand supply chain (and sub-tier) structures
Identify exposure to unforeseen events
Identify key business impacts
Build risk management framework
Prioritize risks by assessing impact, likelihood, and ability to mitigate
Identify appropriate actions based on highest priority risks
Assess and monitor risk
Ingest, process and analyze internal and external data into risk metrics
Monitor individual suppliers, categories, and overall network resilience over time
Institute governance and regular review to mitigate
Identify risk owners and establish risk board
Develop Business Continuity plans for unpreventable risks
Establish process for regular risk and mitigation review
General Framework
Supply chains typically have seven risk dimensions
We help define a Risk Framework based on the seven dimensions to appropriately assess exposure for your supply chain
What the output looks like
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Overall dashboard shows supplier exposure distribution
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Risk score overview shows distribution across all dimensions included
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Four metrics assess current supplier liquidity risk
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Geographic risks are displayed on both global and US state basis
Here are some client examples
Building resilience in the supply chain in four steps enabled by a number of digital tools
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Our Risk Solutions identify and prioritize n-tier suppliers, and enable a holistic risk assessment across the risk dimensions
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An apparel client identified more than 15 leading performance indicators to track risks, assessed 6 critically vulnerable categories, leading to 3-10% cost reduction and 2-4% top line growth
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A major China consumer retailer reached more than 20% performance advantage compared to sector average and reduced its lead time by 80%
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An EU based healthcare client develop 3 major pandemic scenarios for E2E SC using a stress testing model and developed 20+ mitigation strategies to protect 60% of their major brands from disruptions
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A global electronics manufacturer identified 100 priority high risk suppliers and developed mitigation levers to potentially reduce 40% high risk spend
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By working with us, you will have access to
Experts
Our industry and functional experts will be on the ground where and when you need them.
Helpdesk
Our helpdesk will keep doors open and commit to addressing your concerns efficiently and effectively.
Training
We offer coaching and build capabilities for your teams to deliver sustained improvements.
Implementation
We partner with you and co-create a firm path to implementation as part of the project.