The features in this module include the ability to:
- Capture risk information that is confidential or shared with the supplier(s).
- Monitor how risky a supplier is in terms of financial, operational, geographical, products, CSR and other risk-related areas.
- Monitor supply chain risk, and assess the likelihood and impact of a potential disruption in the supply of products and services.
- Manage supplier risks and issues in collaboration with the suppliers.
- Add supplier and internal contingency plans.
- Report the risk-related information across multiple suppliers.Reduce the administration burden for assessing suppliers’ risk management processes and riskiness by using the survey engine of the system.