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.
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.
Request a demoVisibility 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.
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.
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.
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.
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.
Our Awards
Link to be defined
Artificial Intelligence
Stratus Award for Artificial Intelligence or Cloud Computing
2023
Clariant
“Within two weeks of launching Sphera Supply Chain Risk Management [formerly riskmethods], chemical company Clariant was able to run a compliance assessment of over 12,000 suppliers. They found that 740 of those suppliers showed potential compliance threats, took a deeper dive into these suppliers and performed specific audits.”
Industrial Manufacturing Customer
“Even before the impacts of the coronavirus crisis began to sink in, we knew that, with Sphera Supply Chain Risk Management [formerly riskmethods], the Chamberlain Group was resilient. It allowed us to identify affected suppliers, assess the potential impacts to ensure resources were focused on those high-risk areas, mitigate those impacts, and finally, plan for post-crisis, long-term business continuity.”
Request a demo
Fill out the form and we will get back to you to discuss your risk assessment needs.
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.
