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Risk Assessment

Sphera SCRM 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.

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Visibility for all your risk, in one application. Sphera's Risk Assessment software helps you respond to your risk by bringing corporate and operational risk into a single comprehensive view. With company-wide visibility of potential hazards, rapid risk assessments and integrated work-management, you’ll spot problems earlier to take quick corrective action.

Get full visibility of all corporate and operational risks

Managing company risks in one central application enables you to rapidly initiate complete, coordinated responses. Your team can identify key factors quickly because contextual data is automatically populated, keeping data entry to a minimum. The solution is designed to enable specificity, speed and focus.

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Module Graphics__Risk Assesment – Manage Response from Alerts to Closeout

Manage response from alerts to closeout

Escalation and notification are an essential part of managing your response to risk. Manage workflow on emerging risks easily, using our activity stream, email alerts and exportable reports.

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Module_Risk Assesment – Get Full Visibility of All Corporate and Operational Risks

Build and apply best practices for Risk Management

Develop and consistently use best practices for risk management and response, applying corporate standards and local flexibility attuned to your distinct environments. Build your own hazard library and gain major efficiencies by referencing your unique knowledge base to address new risks.

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Module Graphics__Risk Assesment – Build and Apply Best Practices for Risk Management

Benefits

Mitigate risk before it materializes

Conducting surveys of your suppliers and third parties empowers you to avoid emergency mitigation costs, missed sales, and fines and penalties from failing to meet contractual agreements.

Combine data sources

Risk Assessment allows you to collect information regarding supply chain risk directly from your suppliers and integrate it within Sphera SCRM.

Evaluate risk exposure

Automated flow of collecting and processing information from suppliers makes it easy to evaluate risk exposure and track progress online.

Keep your business running

Maintain business continuity by assessing the criticality of risk before disruption happens. Avoid costs and downtime.

2024-Sphera-SCRM-Risk-Report

Sphera Supply Chain Risk Report 2024

We are pleased to introduce the inaugural Sphera Supply Chain Risk Report. This report explores the top five risks faced by enterprises and suppliers in 2023, as well as their causes and consequences.

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Our Awards

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Artificial Intelligence

Stratus Award for Artificial Intelligence or Cloud Computing

2023

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Sustainability Leader

Spend Matters 50 Procurement Providers to Know

2022

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World Procurement

Leaders Highly Commended Technology Innovation

2022

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ProcureTech

100 Risk Management

2022

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Fill out the form and we will get back to you to discuss your risk assessment needs.

Resources

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Floods, hurricanes and strikes: Managing the impact of supply chain risk events

The U.S. dockworkers strike is the latest in a series of events that are affecting supply chains worldwide.
October 4, 2024
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Climate risks and their impact on the supply chain

The German Supply Chain Due Diligence Act (LkSG) and the EU Corporate Sustainability Due Diligence Directive (CSDDD) both aim…
October 3, 2024

Next Generation Supply Chain Management

Sphera’s experts understand the challenges supply chain managers and teams face in navigating this new landscape.
October 3, 2024

Explore the modules
in this suite

Our enterprise-wide, fully integrated software reduces the likelihood of incidents and operational losses. Advanced software tools build workflows to capture, track, investigate, report and analyze health and safety information.

Risk Radar

Risk Radar leverages the power of artificial intelligence to reveal supply chain risk in real time.

Impact Analyzer

Impact Analyzer helps your risk impact by detecting supplier vulnerabilities at the category level.

Action Planner

Action Planner enables collaboration with suppliers and within your organization to orchestrate risk mitigation.