Organisations are all too often reminded of the vulnerabilities within their supply chain. The consequences of not proactively identifying and managing these risks can disrupt operations and damage brand reputation.
At Vendigital, we understand the importance of robust risk management and how effective tools can help to differentiate your business. Our RiSC application uses a structured industry standard approach, effectively managing and reducing your risk exposure.
Create bespoke risk assessment frameworks based on a universally understood 'likelihood & impact' methodology which drives a common and consistent approach to assessing supply chain risk across your organisation.
Gain immediate insight, whether at an individual business unit or aggregated group level, into where your key supply chain risks lie with simple drill down functionality to root cause.
List any number of key risks associated for a given risk assessment and outline clear strategies for mitigation that will reduce your exposure.
The ability to assess your supply chain risk is one thing, taking action is another. Vendigital's powerful action management module will allow you to not only define specific actions, owners and timelines for a given risk, but also track progress that will positively drive change.
Powerful trend analysis allows you to easily assess your changing supply chain risk profile over time, whether at either an aggregated group, site or even supplier level.
Make supply chain risk assessment a way of life within your business. Design risk assessment frameworks that link to external data feeds and run auto-assessments which pro-actively alert you to changes to your risk exposure. These are some of the many benefits which can help you make the step change in understanding and managing risk across your organisation.