The intelligent way to manage risk....The supplier entity is the core of any risk management...

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The intelligent way to manage risk. Dave Crow VP, North America Sales

Transcript of The intelligent way to manage risk....The supplier entity is the core of any risk management...

The intelligent way to manage risk.

Dave CrowVP, North America Sales

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OurMission

Empower companies of any size to master supply risk and create reliable supply networks

Supply networks are inherently complex

Information about your supply network is vast & difficult to consume

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Risk Management challenges by the numbers

Indicators populated to profile & monitor 100 suppliers

Data volumes are overwhelming

Of spend contains some of thehighest risk.

Coverage is needed for all supplier sites

8,000+ 2%

Of disruptions originatebelow the first tier supplier

Threats aren’t limited to tier-1 suppliers

51%

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A perfect storm

JIT/JIS, demand volatility

Lean production, lower inventory

buffers

Regulatory requirements,

norms & standards

Dependence on multi-tier supply

networks

Increased social awareness

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Enterprises in the eye of the storm

Reputational incidents cause 2.8% shareholder value loss on average

Flooding: Emerson Electric lost 23% profit

Supplier plant on fire: Peugeot SUV release delayed by 2 month

Cracker explosion: Ethylene price increased by 18%Port worker strike:

McDonalds Japan lost 10% in revenue

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Risk comes into focus

Top 3 CPO Priorities

Geodis 2017

but data isn’t intelligenceSome things are out of your control

Being able to anticipate risk is critical to operate your business & fuel growth

The supplier entity is the core of any risk management approach but…

Supplier

Efforts have been focused on financials, supplier surveys and trust

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Current methods are insufficient

Leading to§ Reliance on dated information§ Lack of coverage§ Information being siloed and

inaccessible

“No one really used it anyway”

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New Approaches Building a road to success:

• Widen coverage• Automate information

collection• Technology to standardize

and enhance processes • Accessibility to drive use

and impact

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Supply Chain Risk Management in action

Make better sourcing decisions

Avoid not knowing

Manage risk across the end-to-end supply chain

Reputational incidents cause 2.8% shareholder value loss on average

Only 40% of threats are from tier-1 suppliers

Save days by knowing who is impacted and what’s important

Ensure that dual-sourcing strategy is really reducing risk

React faster to gain advantage

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Holistic information sources

News Outlets & Media

Trusted 3rd

PartiesSuppliers

Internal Knowledge

Internal system(SRM, ERP)

INTEGRATED

WHERE, WHEN & HOW YOU NEED IT

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Embedded in your core systems

Available at your fingertips Easy to Consume

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riskmethods solution converges digital forces

Digitized supply chain networks

Noise canceling AI Analytics/automation

Big data monitoring

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SCRM Leaders outperform legacy approachesExample: Financial Health Check

PRESENT(current events)

CFO Departure

Major product recall

Fined for $$$

Real/near-realtime insights

Credit Rating

Cash Flow

Payment behavior

PAST(what you have today)

Traditional history-based

Late Payroll

Family plans to sell

Factory shutdown

FUTURE(early warning signals)

Predictive signals

riskmethodsdelivers relevancyan incomplete pictureflood - China - Hong Kong - supplierwhich supplier…at which location(s)…with what impact

your team needs to get on the phone to add relevancy to the alert

a riskmethods complete pictureflood - China - Hong Kong – supplier (port)THIS supplier…at THIS location(s)…with THIS impact

value delivered– riskmethods’ highly relevant alerts for your supply network frees your team’s time to deal with the risk and its impact versus phone calls and emails regarding the alert to see “what’s up” over there

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What our customers are saying

“The ISO9001:2015 auditors were really impressed with our risk management approach enabled by the riskmethods solution!”

“Thanks to riskmethods, we were able to collect material worth $70,000 from a bankrupt supplier before the material was confiscated.”

André Hahn, Stockmeier Chemie

Corinna Lichtenegger, Lindner AG

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riskmethods

§ Experts: 130+ supply chain professionals

§ Innovative: Award winning solution

§ Global player: Worldwide partner network

§ Proven: Deployed by 120+ enterprises

§ Scalable: 600bn USD customer revenue protected

riskmethods USABoston, USA

Headquatered inMunich, Germany

riskmethods PLWroclaw, Poland

Recognized Visionary & Market Leader:

Contact

Dave Crow

Vice President, Sales

Phone +1 978 590 6639

Email:

[email protected]

Websitewww.riskmethods.net