Commodity Risk Tracker
Keep an eye on risk events occurring on the supply side of commodities.
Monitor Commodities to Optimize Sourcing Results
Be the first to learn of disruptions in crucial commodities. Optimize sourcing results and gain competitive advantage.
Stay Ahead of Risk with Real-Time Alerts
With Commodity Risk Tracker, companies can:
- Receive real-time risk alerts for selected commodities.
- View a representative landscape of risk events for critical commodity suppliers on a global scale.
- Interpret the data and decide on the actions needed.
- Save time and resources when identifying commodity suppliers. You have easy access to master data, so you needn’t perform extensive research.
Understand Data Faster and Make Better Decisions
Companies have access to real-time risk alerts for critical commodities. Users can find relevant information quickly. The news feed provides near real-time information on potential disruptions in the commodity supply chain.
Gain a Global View of Commodity Risk Events
Sphera SCRM Commodity Risk Tracker allows companies to monitor their critical suppliers of defined commodities on a global scale. The commodities covered include:
- Semiconductors
- Precious metals and rare earths
- Industrial metals and minerals
- Energy
Monitoring commodity suppliers’ risk events enables companies to analyze and mitigate risks at the beginning of every supply chain.
Explore Other SCRM Capabilities
Benefit from purpose-built solutions with a seamless connection.
Risk Radar
Risk Radar leverages the power of artificial intelligence to profile and monitor your supply network to reveal risk in real time. Combined with premium and internal data sources, Risk Radar helps establish a common risk scorecard framework across your enterprise for countering supply chain threats more proactively while avoiding the costs of supply chain disruption.
Impact Analyzer
Impact Analyzer helps you to minimize the business impact of risk by assessing suppliers’ criticality and detecting vulnerabilities at the category level. Adding impact dimensions like revenue and spend allows you to assess the extent of damage that a potential supplier failure could have on the supply chain. This also helps you select the suppliers that are best for your business.
Action Planner
Action Planner helps you collaborate across your organization and with your suppliers to orchestrate the tasks needed to both proactively and reactively mitigate risk. Use pre-built and customizable action plans, so you can quickly take action before incidents become critical.
Supply Chain Risk Assessment
Risk Assessment automates supplier and third-party assessment processes, enriches evaluation of risk scores and integrates survey results into business partners’ risk profiles. Our versatile supply chain assessment tool simplifies supplier qualification and monitoring, improves data accuracy, reduces manual data collection and closes the risk feedback loop.
Sub-Tier Visibility
Sub-Tier Visibility visualizes the process of monitoring and alerting n-tier supply chains within the Sphera Supply Chain Risk Management solution. With supplier-validated supply sites, you can confidently map sub-tier dependencies and more accurately expose threats in your sub-tiers before they become critical.
Learn More About Commodity Risk Tracker
Are You Ready to Monitor Risk?
Learn what Sphera’s Commodity Risk Tracker software can do for your enterprise.