Not all risks to your business are external. Many exist within your supply chain, your asset portfolio and your wider network of activity.
It’s important to keep track of what’s happening around your business so you can see risks coming. Understanding both your operational and strategic risks to your supply chain helps you better manage your reputation, your assets and your relationships with stakeholders.
We’ve built RiskLocator for this exact purpose.
RiskLocator allows you to track thousands of assets and companies in real time, giving you the ability to monitor and analyse the risk profiles of individual firms, sectors and markets.
It pulls over three million data points from 300,000 sources tracking assets, events and movements in the market to show the volume and intensity of activity over time. With an observation period of sixty days, RiskLocator can flag sudden changes in the leading indicators of risk to your operations and reputation, helping you make better decisions when it comes to risk management.
Who is it for ?
RiskLocator is ideal for supply chain professionals, procurement specialists, auditing teams and anyone who needs a view into what is happening in the market and how it affects business.
The interactive platform lets you view assets by industry, market and competitor set, and you can generate customised dashboards. RiskLocator is designed to give you advance knowledge of the risks affecting your business, so you can opt to receive email summaries and early warnings of changes in leading indicators too.
- Identify risk signals online and on social media to mitigate and avoid disruption
- Automate your due diligence and auditing processes by screening and benchmarking suppliers, vendors and stakeholders in real time
- Anticipate and plan for issues using early warning alerts and tracking
- Improve transparency and demonstrate reasonable effort
- Make data-driven decisions on subjective and emotive topics
- Improve approach to decision-making during crises
- Develop a more informed approach to planning, operations, communications, and stakeholder engagement