Supply Chain Risk Management
We manage risks impacting supply chain activities.
We support you to take the necessary steps to identify, assess and mitigate the risks of your organisation’s supply chain. Implementing global supply chain risk management strategies, to help your enterprise operate more efficiently, is a process we can assist with.
We apply risk management process tools after consultation with your risk committee, either in collaboration with supply chain partners or independently. You can then deal with risks and uncertainties caused by, or affecting, logistics-related activities, product availability or resources in the supply chain.
Mitigation of supply chain risks maintain supply chain continuity in the event of scenarios or incidents which otherwise would have interrupted normal business.
Why Supply Chain Risk Management?
The need for Supply Chain Risk Management (SCRM) has never been more widespread, as more companies are handing over their manufacturing processes to external supply networks that operate on a national or global basis.
Working with a third-party logistics provider can provide you with shorter production cycles, timely strategies, new technologies, and much more. With a growing network of prospects and increased global dependencies, there is a higher risk that should you slip in one area, and you could risk losing valuable customers. These risks can include a shortage of raw materials, production plant failures from natural disasters, strikes, or miscommunications within the supply chain. To manage these risks, you need a robust supply chain risk management process in place.
The Value Propositions
SCRM stimulates best practices.
Risk management is key in eliminating waste and stimulating other best practices within the supply chain. Wasting resources can add risk to the organisation and supply chain. By planning ahead with a solid risk management system, materials can be repurposed to avoid waste.
Early detection of risk through communication.
Preventing a crisis can be achieved through proper communication. Since third party logistics providers integrate technology and management software, visibility and communication are enhanced to keep everyone aware of the flow of materials and products.
Enhances business continuity.
Adopting an SCRM solution can help you address business continuity concerns throughout your entire supply chain.
Enhances supply chain visibility.
Having an SCRM program in place will help you to complete your 360-degree view of your suppliers’ risk exposures.
Enhances CSR and compliance.
Adopting an SCRM solution can help alert you to compliance issues for all suppliers, including the long tail.
Ready to respond to unexpected events.
SCRM can help you reduce the complexity of a problem and prevent problems altogether.
Do you have a constant pressure from senior management to improve the efficiency of your supply chain?.
How We Do It
In supply-chain risk management, organisations often don’t know where to start. We offer a practical approach. At the heart of supply chain risks is a common theme - the lack of robust processes to identify and successfully manage growing supply chain risks as the world becomes more interconnected.
This increased complexity has brought with it more potential failure points and higher levels of risk. We recommend that organisations start by thinking of their risks in terms of known and unknown risks.
We are a specialised risk management consultancy implementing the latest technologies and best practices for businesses to manage their risks, build their business resilience and accelerate their growth.
Organisations can use a combination of structured problem solving and digital tools to effectively manage their known-risk portfolio through four steps:
The Vision of Eagle Edge is to be the catalyst for risk transformation, resilience creation and growth acceleration of our client's enterprise value. We turn risks into opportunities
The emerging business and technical architecture for SCM solutions is based on convergence of business processes and time. The business architecture of tomorrow will see increasing process convergence and collapsing of time boundaries between planning and execution.
Supply chain management software operates by first creating a computer data model of the real world. Logic and algorithms are then run against the model to arrive at answers and decisions. These answers are then operationalised into the real world.
Extensible data model.
Supply chain software requires robust data models that can precisely represent myriad relationships and use cases across diverse environments. The combination of the digital twin and an extensible data model provides the means to deliver much more precision when synchronizing operations across, for example, retail, distribution, and manufacturing.
SCM software can have an ability to "self-learn." This means it will adapt and make decisions by itself, without human intervention. This will be made possible by artificial intelligence (AI) and, more specifically, machine learning, which is software that can learn from data versus being completely driven by rules configured by humans.
Workflow and analytics.
Having a common, flexible workflow engine across SCM functional domains is critical to achieving convergence in supply chain software.
Business strategy orchestration.
SCM software must have an orchestration layer that creates and maintains alignment of the policies that govern each functional area.