Supply Risk Management

As companies rationalize suppliers, implement lean supply chains and pursue increased global sourcing, many face disruptions and supply uncertainty. Risk management is gaining increased focus in procurement and supply management as organizations realize that gaining visibility into suppliers’ performance, financial and operational risks is essential to predict potential supply disruptions and become proactive in risk-mitigation planning.

Supply risk is a new application of the methodologies and processes that corporate risk managers have successfully used for years to address enterprise risk. SAS has a long history of applying core competencies of data access, data management, analytics and business intelligence to the problem of risk.

SAS for Supply Risk Management provides you with a single point of control to help govern your risk activities and gain the insight you need to make effective decisions. Using a consolidated view of all your risk indicators and exposures, you can develop, implement and maintain a supply risk-management strategy across the enterprise. SAS helps you:

• Identify, measure and manage the risk and performance of your supply base.
• Optimize price, quality, on-time delivery and risk exposure in line with your business objectives.
• Proactively develop contingency plans for potential high-impact disruptions.
• Streamline reporting to increase visibility, foresight and agility for better and faster decision making.

The underlying SAS framework integrates data from multiple systems – both internal and external – to help organizations access relevant supplier, financial, operational, environmental and geographic data for comprehensive risk assessment. The solution combines industry-leading analytics with predefined methodologies to assess the impacts of supply risks, prioritize those risks and plan risk mitigation.

Completely scalable to support your growing needs, SAS for Supply Risk Management provides a comprehensive view of supply risk across the enterprise through a single, integrated solution environment flexible enough to adapt to changing business needs. Integrating SAS software's unmatched capabilities in data warehousing, business intelligence and analytic intelligence, the solution ensures that the capabilities SAS delivers today can grow along with your enterprise tomorrow.