Finding the Right Supplier Risk Management Solution for Your Business

Supply chain disruptions are on the rise. The 2023 Gartner Balancing Sustainability and Resilience Survey found that 53% of respondents reported their supply chains faced disruptions 50% of the time or more.

This frequency is a wake-up call for every procurement and supply chain leader today. Do you have the right technology solution in place to anchor your supply chain risk (SCRM) management program? The new Gartner® Market Guide for Supplier Risk Management Solutions can help you, particularly in terms of evaluating what technology features can make your job easier.

The report recommends solutions focused on these core capabilities:

• Monitor – Provide visibility into risk events through dashboards, reports, maps, alerts and notifications.
• Analyze – Measure the potential impact to a customer’s suppliers and provide an impact summary.
• Manage – Provide functionality to support risk management efforts through measurable action plans, workflow and recommendations.
• Learn – Apply machine learning to fine-tune future recommendations and impact analysis.

For complimentary access to this Gartner research, courtesy of Exiger, complete the form. Exiger is mentioned in the report as a Representative Vendor for supplier risk management technology.