Corporate Governance (Supply Chain Risk Management – SCRM – Software)
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Supply chain risk management (SCRM) software platforms are used to identify, assess and mitigate enterprise supply chain risks in real-time by continuously-analyzing the entire enterprise supply chain for high-risk points, and then offering possible solutions.
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At a minimum, SCRM software platforms should provide: alerts; artificial intelligence (AI); automated supplier data synching; blockchain; business continuity risk analysis; checksums; corporate social responsibility (CSR) risk analysis; customizable scorecards; customizable key performance indicators (KPIs); data mining; environmental social governance (ESG) risk analysis; global environmental change management analysis; global regulatory change management analysis; global social risk analysis; global sourcing data; global sourcing analytics; global sourcing risk analysis; graphical risk analysis overlays; integration-enabled supplier data; logistics risk analysis; machine learning (ML); multi-tier supply chain mapping; notifications; predictive analytics; prescriptive analytics; real-time supply chain item location updates; risk due diligence analysis; risk event impact analysis; risk event news alerts; risk prioritization analysis; risk scores; robust cybersecurity, data privacy and data security; source-to-pay analysis; supplier data archive; supplier data bots; supplier financial risk analysis; supplier insurance analysis; supplier operational risk analysis; supplier residual risk factor analysis; supplier resilience analysis; supplier risk exposure analysis; supplier visibility analysis; transport risk analysis.
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Procurement, recommendation, research, sourcing, specification, testing and use of various SCRM software platforms, such as: IBM; Coupa Risk Aware; DHL Resilience360; Everstream Analytics; Interos SCRM; Invalua; Lockpath; LogicManager; NAVEX One; Oracle; Portt Discover; Prewave; Resilinc; Riskmethods; RSA Security; SAP Ariba Supplier Risk Management; SAS Institute; ServiceNow; The AnyLogic Company; Thomson Reuters.
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