Supply chain risk analisys

SUPPLY CHAIN RISK ANALISYS

Supply Chain Risk Management (SCRM) is the set of processes, strategies and tools to identify and manage threats that can affect supply chains, ensuring an uninterrupted flow of goods and services to the companies and customers who depend on them.

The risks

Natural

Natural disasters such as earthquakes, floods, hailstorms, droughts, etc. can strike with little or no warning and disrupt supply chains anywhere in the world.

Geopolitics

When governments are replaced, war breaks out, or tariffs change unexpectedly, supply chains can be affected. These can be minor problems but also long interruptions or even the loss of purchased goods and materials.

Man-made problems

Fires, explosions and other risks that arise from the action or inaction of an individual or group can cause serious problems along the supply chain. Sometimes suppliers themselves choose not to report such disruptions, forcing companies that depend on them to actively monitor their supply chains for events related to these risks.

Computer scientists

All suppliers depend on their own information systems and are often not integrated with their customers. A serious cyber attack or theft of business data can cause damage to your suppliers' production and supply chain and, indirectly, to your company.

Financial sector

Market volatility, liquidity crises and economic downturns can pose a serious threat to a supplier's financial health. When suppliers have to cut costs, reduce services, raise prices or even shut down operations, the companies that depend on them are hurt.

Reputational

Supplier actions can create reputational damage and also be transmitted to client companies. Today, problems related to social responsibility, environmental sustainability and compliance are among the most common.

SUPPLY CHAIN RISK ANALYSIS:

THE SOLUTION

This analysis allows us to strengthen the process of monitoring the resilience of the company's supply chain through the regular assessment of the risk profile of its suppliers.

 

Goals

    Increased management awareness Improved control over supply risks Strengthened preparedness to react to changes in the environment Balancing performance optimization needs with risk mitigation


Advantages

    Reduce or prevent disruptionsImprove resilience to unexpected eventsContain supply costsImprove corporate reputationImprove visibility and transparency along the supply chainImprove supplier relationships


It helps protect business continuity, reduce costs and improve an organization's resilience in the face of a wide range of risks that can affect its supply chain.

The phases of the journey

  • 1. DEFINATION OF THE ANALYSIS MODEL

      Review/define the model for assessing the criticality and level of resilience of essential suppliersReview/define the criteria for assessing the resilience of suppliers as an essential element for the company's operational continuity

  • 2. IDENTIFICATION OF SUPPLEMENTARY INFORMATION

    Identification of any information from other evaluation processes already implemented by the company (e.g. Quality, HSE Compliance; ESG objectives and financial solidity) to be integrated into the model

  • 3. DATA ACQUISITION ON CRITICAL SUPPLIERS

    Insertion of key or critical supplier data into the model and risk assessment by the company

  • 4. ANALYSIS OF SUPPLY RISKS

    Evaluation of general supply risks, risks of a specific category or those of individual suppliers

  • 5. MITIGATION MEASURES

    Definition of prevention and mitigation measures to be implemented. For example:

  • 6. REPORT ON THE RESILIENCE OF THE SUPPLY CHAIN

    Preparation of a report of the results by product and/or supplier, with indication of the level of criticality of each element.

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