Sourcing and procurement leaders are struggling to effectively track their suppliers' sustainability in these uncertain times. They need to predict potential supplier failures that might adversely affect their operations and disrupt their supply chain. Manual audits, spreadsheets, external risk assessments used by firms aren't fit enough to mitigate supplier risk in these times. Sourcing and procurement leaders are looking for innovative ways to predict potential supplier disruptions early on in the cycle, make smarter decisions on supplier selection, and minimize the damage.
Birlasoft Supplier Risk Radar is an AI-powered
preventive risk mitigation solution that helps you
to minimize supplier risk exposure and build a
resilient supply chain to thrive in the COVID-19 age.
1. Predictive AI engine - An early warning solution that underpins on lagging and leading indicators from over 30K sources and 25+ warning signals to review. 24 x 7 insights through event detection, classification & reporting. No need to wait for periodic auditor reviews.
2. Smarter 360-degree assessment - The AI powered predictive engine uses financial, operational, environmental, social, regulatory, legal, and regions datapoints to arrive at the risk score of a supplier.
3. Alternative Supplier Planning - Customizable risk metrics and scoring based on your business processes that recommends alternative suppliers in case of disruption.
Click the "Get It Now" button in the navigation bar on the left for a demo and to discuss more.