Understand the impact of your business partners on your operations.
Minimize the business impact of risk by assessing suppliers’ criticality and detecting vulnerabilities at the category level. Adding impact dimensions allows businesses to assess the extent of damage that a potential supplier failure could have on the supply chain.
Impact Analyzer highlights the gaps in your supply base, so you can prevent disruption before it happens.
Analyze factors such as price volatility and category capacity by supplier or market for creating strategies to identify and source alternative supply, especially within single and sole-sourced supply chains.
Every company and every category is different. Assess supplier criticality based on your specific business—so you can select the right suppliers and make other moves that are best for your business.
A global electronics manufacturer achieved a 40% reduction in high-risk spending by performing a risk assessment of its global manufacturing and supplier network.
We were able to calculate a 100-125% increase in overall flood risk until 2086 for areas affected by the 2021 German flood. Different flood models were combined with climate change scenarios (assuming an intermediate greenhouse gas emission scenario) to calculate this increase.
Companies that are actively investing in digital operations and striving to be digital champions expect revenue growth of 25% by 2023 and a 21% gain in efficiency. This compares to 9% and 7% for companies that are investing in a limited way.
92% of organizations are highly dependent on suppliers, but face challenges in assessing compliance.
Learn what Sphera’s Supply Chain Risk Management software can do for your enterprise.