Question.5191 - The choice of providers who offer SCRM services to companies has grown greatly. Some examples are Avetta, www.avetta.com, Resillinc, Ariba, RapidRatings. What are some of the services that these companies offer to help their customers manage supply chain risk?
Answer Below:
Supply chain risk management (SCRM) has become complex in nature in recent years due to organizations expanding globally and relying on extended suppl...
Supply xxxxx risk xxxxxxxxxx SCRM xxx become xxxxxxx in xxxxxx in xxxxxx years xxx to xxxxxxxxxxxxx expanding xxxxxxxx and xxxxxxx on xxxxxxxx supply xxxxxxxx To xxxxxxx the xxxxxx demand xxxxxxxxx can xxxxx the xxxxxxxx of xxxxxxxxxxx providers xxx specialize xx offering xxxxxxxx solutions xx anticipate xxxxxx and xxxxxx supply xxxxx risks xxx example xxxxxx has xxx ability xx prequalify xxxxxxxxx monitor xxxxxxxxxx and xxx the xxxxxxxx to xxxxxxx the xxxxxxxxx Avetta xxxxx companies xxxxxx exposure xx operational xxxxxxxxx and xxxxxx risks xx centralizing xxxxxxxxxx and xxxxxxxx data xxx platforms xxxx support xxxxxxxxx minoring xx how xxx suppliers xxxxxxx and xxxxxx with xxxxxxxxxxx Avetta xxxxxxxx focuses xx mapping xxxxxx chains xxxxxxxxxx events xxx responding xx disruptions xxxxxxx types xx worldwide xxxxxxxxxxx are xxxxxxxxx by xxx technology xxxxxxxxx natural xxxxxxxxx cyberattacks xxx geopolitical xxxxxx This xxxxxx companies xx proactively xxxxxxx lurking xxxxxxxxxxxxxxx Organizations xxx helped xx Resilinc x multi-tier xxxxxxxxxx to xxxxxxxx and xxxxxxx hidden xxxxx embedded xxxx in xxxxx supply xxxxxx Resilinc xxxxx now xxxx of xxx allows xxx integrating xxx tasks xx managing xxxxxxxxx overseeing xxxxxxxx lifecycle xxx assessing xxxxx By xxxxxxxx and xxxxxxxxx after xxxxxxxx out xxxx intelligence xxxxxxxxxx Ariba xxxxxx companies xx make xxxxxxxxxxxxx decisions xxxxx selecting xxx contracting xxxx suppliers xxx Ariba xxxxxxxxxxxx is x company xxxx specializes xx assessing xxx financial xxxxxx of xxxxxxxxx It xxxx predictive xxxxxxxxx to xxxxxxxx the xxxxxxxxx viability xx private xxx public xxxxx This xxxxxx organizations xx anticipate xxxxxxxxx failures xx the xxxxxxxxx side xxxx a xxxxxxxxxxxxxxxx approach xxxxxxxxxxx continuity xxxxxxxx by xxxxxxxxxxx partners xxxx are xxxxxxxxxxx unstable xxxxxx actual xxxxxxxxxxx occur xxxxxxxxxxxx Together xxx range xx services xxxxxxxxx to xxxxx is xxxxxxxxxxx by xxxxx providers xxxxxxxxx managing xxxxxxxxxx monitoring xxxxxxxxxxx real-time xxxxxxx financial xxxxxx and xxxxxxxxxxx procurement xxxxxxxxx can xxxxxx uncertainty xxxxxxx resilience xx suppliers xxx build xxxxxxxx strategies xxx contingency xxxxx resources xxxxxx resource-intensive xxxxxxxxxx but xxx essential xx manage xxxxx in xxxxx s xxxxxxxx supply xxxxx environment xxxxxxxx Henke xxxxxxxxxxxxxxxx Avetta xxxxxxxxxx leading xxxxxx organizations xxxx qualified xxxxxxxxx contractors xxx vendors xxxxxxxxx from xxxxx www xxxxxx comRapidRatings xxxxxxxxxxxx Financial xxxxxx ratings xxx supply xxxxxx Retrieved xxxx https xxx rapidratings xxxxxxxxxxx Resilinc xxxxxx chain xxxx management xxx monitoring xxxxxxxxx Retrieved xxxx https xxx resilinc xxxxxx Ariba xxx Ariba xxxxxxxx management xxx procurement xxxxxxxxx Retrieved xxxx https xxx sap xxx products xxxxx htmlZsidisin x A xxxxx M xxxxxx Chain xxxx Management xx Emerging xxxxxxxxxx Springer xxxxx doi xxx - x - x