Optimizing Risk Assessment: Closing the Feedback Loop

Whitepaper

To manage supply chain risks efficiently, decision-makers need to use every resource available. Suppliers can provide location and product-specific details that are otherwise unavailable. Yet this source of valuable insight is often underleveraged because there are just too many suppliers, data points, and exchanges to address manually.

In our paper, you will learn:

  • Why gathering firsthand information at scale is so difficult
  • How automating processes reduce time and effort, while increasing accuracy
  • Why integrated surveys enable ongoing risk assessment at scale
  • How a risk assessment feedback loop triggers a virtuous cycle of improvement

With riskmethods Risk Assessment™, companies can execute efficient assessments, meet compliance needs, and run due diligence when qualifying new suppliers and third parties.

Optimizing Risk Assessment

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About riskmethods

riskmethods empowers businesses with a solution to identify, assess and mitigate supply chain risk. By using artificial intelligence, we help you automate and accelerate threat detection, enabling you to gain competitive advantage with a well-managed approach to meeting customer demands, protecting reputation and reducing total cost of risk.