Supply chain risk assessment is the process of identifying, evaluating, and prioritizing potential risks and vulnerabilities in a supply chain. It involves analyzing various factors, such as supplier reliability, demand fluctuations, natural disasters, and geopolitical events, to determine the likelihood and potential impact of disruptions to the supply chain. The goal of a supply chain risk assessment is to develop strategies to mitigate and manage risks to ensure business continuity and resilience.
Translytics helps companies to develop a digital twin of their supply chain and indentify possible risks that they are carrying in the supply chain. Translytics also provides actions and alerts system to mitigate the risks.