Protect your supply network by actively monitoring and visualizing threats and dependencies.
With Risk Radar, you can map your entire supply network on a digital world map while creating a common language for risk across hundreds of data sources and thousands of monitored news sites. This gives you visibility into threats and enables you to proactively protect your entire supply chain.
From supply chain risks emerging from your facilities down to sub-tier suppliers, check the health of your supply network via an interactive world map. Reveal supply chain dependencies and risky situations and take actions to prevent risk from costing you.
Artificial intelligence and machine learning monitor your supply chain risk in real time, so you can accurately understand your risk exposure and make the right decisions.
Instantly understand the impact of risk events by quickly viewing your affected n-tier suppliers, locations and customers. You’ll have the details you need to take fast action.
The Risk Radar Scorecard displays a common value and scoring approach for assessing all kinds of risk news and alerts, including risk indicators for your supply chain around business viability, delivery, cost, image and compliance, and quality and performance.
Focus on what you need to know by filtering supply chain events within your supply chain risk dashboard. Using a modern, self-service-driven dashboard, easily analyze supply chain events by risk types, categories, products or action plans within your area of responsibility.
39% report it takes five to 24 hours per month to acquire and analyze supply chain risk from data gathered.
Despite global geopolitical trends and a fair amount of concern among respondents, countries’ political situations (23%), corruption or bribery (24%) currently stand as the least-tracked types of risk data.
Tier 1, direct suppliers represented the most predominant source of disruption over the last 12 months (59%).
Logistics hubs, such as ports, airports and warehouses, come in as a close second, cited by 52% of respondents.
Learn what Sphera’s Supply Chain Risk Management software can do for your enterprise.