What can you do with Supply Wisdom?
In-depth and targeted Location & Vendor Risk Assessments
Real-time risk intelligence, risk alerts, and health reviews
Ask an Analyst to understand and evaluate risk and impact
Respond to risk vectors and engage with third parties and internally
Continuous Risk Monitoring
Supply Wisdom monitors risks and threats to your third parties and locations in real-time, wherever they are. We assess, quantify, and rate risk based on their potential to disrupt operations.
We review thousands of events every day, reported from hundreds of sources, across 30 or more languages to bring you only those risks that need your attention. If there is a risk, we will tell you about it.
Objective Risk Scores
An effective TPRM program needs a structured approach to defining risks across a global portfolio. Supply Wisdom offers an objective risk scoring mechanism to assess and quantify risks and impact.
Knowing the nature and impact of risk is essential to develop mechanisms for mitigating disruptions. Strengthen your TPRM and GRC processes with Supply Wisdom’s proprietary methodology for third party and location risk.
Vendor Risk Assessments
How does a third party or supplier rate among peers? How has their risk profile changed in the recent past? What risks can they pose to your operations? Which events affected their risk score?
Get a 360-degree view with our comprehensive Vendor Risk Assessment for all your critical third parties. Supply Wisdom Vendor Risk Assessments are comprehensive and cover multiple risk categories.
Ask An Analyst
Uncertain about what a risk alert could mean for you? Have a query about our guidance for a specific risk situation? Need more information to support critical decision making regarding your third parties?
Ask our Analysts and we will supplement our risk intelligence with tailored research. Supply Wisdom Analysts are experts in third party risk and their guidance is part of your subscription.
Simple Subscription Pricing
Pick the third parties, countries, or cities that you want to monitor based on their risk levels. Watch data and risk intelligence flow into your Supply Wisdom dashboard within 24 hours of sign up. No limits on users.
Add, remove, switch third parties based on your changing business needs. Supply Wisdom provides a flexible, multi-tier approach so that you pay only for the risk monitoring or risk assessments that you need.
Opportunities, Not Just Risk
Enterprises use Supply Wisdom for more than continuous risk monitoring. Supply Wisdom is a critical decision support tool for supplier consolidation, contract re-negotiations, bid evaluations, third party selections, location identification, etc.
Supply Wisdom offers data and insight about opportunities that you can leverage to reduce spend and create value. Be aware of opportunities to generate value with Supply Wisdom.
Integrate with TPRM
If you use a Third Party Risk Management (TPRM) or GRC (governance, risk management and compliance) platform, integrate Supply Wisdom with little to no coding. Get Supply Wisdom’s continuous risk alerts and Vendor Risk Assessments within your TPRM.
Supply Wisdom presents you a single source of truth about all your third parties. Arm your TPRM team with Supply Wisdom risk alerts and intelligence.
Zero Friction User Experience
Using Supply Wisdom is as easy as logging in. No setup or implementation needed because Supply Wisdom is available on the cloud as a SaaS platform. Supply Wisdom offers the same seamless experience on any device.
Supply Wisdom has a responsive User Experience that is designed to help you consume and respond to risk alerts. Never miss a critical risk alert.
Supply Wisdom Subscriptions
Classify all third parties and locations (countries and cities) in your sourcing chain based on their potential impact to your business and operations. Subscribe to Supply Wisdom’s targeted or comprehensive risk intelligence and alerts based on their impact.
High Risk Third Parties & Locations
Overall Risk Monitoring
Comprehensive risk monitoring and risk scores across 350+ data points for 9 categories of third party and location risks; real-time risk alerts and 5 level impact assessment with guidance.
Focused Risk Monitoring
Comprehensive risk monitoring and risk scores across 5 categories of third party and location risks with real-time risk alerts.
Basic Risk Monitoring
Comprehensive risk monitoring and risk scores across 2 categories of third party and location risks with real-time risk alerts.
Annual Risk Review
One time comprehensive risk assessment focused on financial risk with ongoing real-time risk alerts.
Supplier Risk Monitoring
Supply Wisdom cotinuously monitors risks and threats to your third parties, including suppliers. We assess, quantify, and rate risk based on their potential to impact your operations, reputation, and compliance.
5+ risk parameters | Organizational, functional, and operating governance levels
Legal, Compliance & Reputational Risk
5+ risk parameters | Liens and settlements, non-compliance, and employee feedback on social media
15+ risk parameters | Investment, ratios, balance sheet, liquidity, profitability, and revenue diversity
10+ risk parameters | Acquisition, retention/flight, concentration, and satisfaction
Service Maturity Risk
50+ risk parameters | Talent pool, certifications, operating models, service lines, and geographical metrics
Thought Leadership Risk
5+ risk parameters | Innovation, papers, topic leadership, patent information, and CSR
Partners / Alliances Risk
5+ risk parameters | Partners and additions, vertical and horizontal solutions
5+ risk parameters | Security policies, delivery centers, uptime performance, and expansion plans
15+ risk parameters | Attrition, hiring, productivity, utilization, and employee development & training measures
Location Risk Monitoring
Supply Wisdom continuously monitors risks and threats to your business critical locations. We assess, quantify, and rate risk based on their potential to disrupt operations.
10+ risk parameters | Inflation, FDI, credit risk, currency risk
Legal, Security & Compliance Risk
20+ risk parameters | Policy, cyber crime, trade union activity, labor laws
20+ risk parameters | Ease of doing business, regulatory and statutory requirements
10+ risk parameters | Key labor cost metrics, operational costs, taxation
40+ risk parameters | Size and growth, worker spreads, attrition/hiring, and languages
15+ risk parameters | Incentives to source, power and utilities, transport, technological readiness
15+ risk parameters | Political risk, social and security risk
Quality of Life
10+ risk parameters | Expat quality of life measures and business support & amenities