Always be prepared for the next disruption.
Collaborate across your organization and with your suppliers to proactively mitigate risk with risk mitigation and workflow tools to document all actions taken as part of a risk event.
Financial risk, reputational risk, geopolitical risk—there’s a lot to be prepared for. Action Planner’s mitigation plans are designed to be configured for any type of risk.
Never hit the panic button during periods of heightened risk. With Action Planner, you will always know who is taking action, what action step is being taken and when it will be done.
Business continuity strategies and crisis response plans that may be sitting on your desk can now be configured and digitally mapped in one place.
Improve relationships with customers and suppliers to help improve resilience and business integrity efforts.
Learn what Sphera’s Supply Chain Risk Management software can do for your enterprise.
According to boards of directors, the top priorities for increased investments include supply chain composition (52%), business continuity plans (43%) and managing and incentivizing suppliers (41%).
Two-thirds of respondents are unfamiliar with prevention analyses that can identify potential hazards. Compared to the previous year, the figure is yet again significantly higher (+42%).
The COVID-19 pandemic highlighted the damage that can result when companies are not prepared for supply bottlenecks. Yet only 25% of respondents have action plans that enable them to react quickly in an emergency.
Whilst organizations cannot control weather events, they can take necessary measures to mitigate their impact, such as determining which critical suppliers may be hit by severe weather due to their geographical location.