Transparency of the nature and impact of risk in the supply chain is essential to develop mechanisms for mitigating disruption to commercial operations, business reputation and meeting regulatory requirements.
That’s why we have developed our Supply Wisdom risk intelligence managed service to strengthen Third Party Risk Management (TPRM) and Environmental, Social and Governance (ESG) processes with a robust methodology for supply chain and location risk.
Supply Wisdom monitors risks and threats to your third parties and locations in real-time, wherever they are – Assessing, Quantifying, and Rating risk based on their potential to disrupt operations.
The Supply Wisdom proprietary methodology offers an objective risk scoring mechanism to quantify risks AND their impact. Thousands of events every day are reviewed daily, reported from hundreds of sources, across 30 or more languages to bring you only those risks that need your attention. If there is a risk, you’ll know about it.