Build Supply Chain Resilience: riskmethods Sub-tier VisibilityTM

Whitepaper

Many enterprises with risk management programs want to take the next step toward greater resilience. With riskmethods Sub-tier Visibility, enterprises and their business partners can manage supply chain risk collaboratively to gain multi-tier visibility. Suppliers have the immediate benefit of being able to visualize their own suppliers on a world map, uncover threats in their supply chains, and become more risk aware. All this at no cost to them.

In this whitepaper, we outline some of the benefits provided by riskmethods Sub-tier Visibility. You can:

  • React faster to risk events within sub-tiers, supported by having sourcing and mitigation strategies already in place
  • Strengthen your supplier relationships, and reduce supply disruption by collaborating on risk management
  • Maintain compliance and sustainability along multiple tiers to avoid fines and reputational damage

Among our customers who uses this approach is specialty chemicals company Clariant, who confirms the high value of managing risk collaboratively throughout their entire supply network.

“The company that has visibility into its sub-tiers has a big advantage over its competitors. You hear about disruption first, so you’re the first to react.”

- Artur Kulawiński, Global Risk Manager in Procurement, Clariant

 

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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.