Freight News, Logistics

New tool to reduce supply-chain risk

[ January 23, 2014   //   ]

DHL is offering a new risk management solution which it says will enable businesses to turn supply chain disruption and global environmental and socio-political volatility into competitive advantage. DHL Resilience360 promises “a holistic, end-to-end view of their supply chains and real-time risk visibility.”

DHL Resilience360 allows customers to assess critical hot spots in their supply chains, visualise them and build a risk profile for initiating potential mitigation activities. The tool links information on natural disasters, theft, geopolitical and other risks with a customer’s global manufacturing and distribution footprint. Having mapped the supply chain, the tool provides real-time visibility of risks and provides options for immediate recovery.

The launch coincides with the publication of The Resilient Supply Chain, a new report by Lisa Harrington, president of the lharrington group LLC, which warns that companies risk critical damage to their businesses if they don’t build resiliency – rather than just risk management – into their supply chains.

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