“Complex global supply chains need to know where potential risks lie that may affect their bottom line and disrupt the success of their businesses,” said Rich Katz, Chief Technology Officer, Elemica. “With Elemica’s business network providing end-to-end visibility, combined with insights from DHL Resilience360, companies are better able to understand their vulnerabilities and can put into place actions that will allow them to continue operations, thereby mitigating their risk and exposure.”
Early notice of disruptive events saves days of assessment in implementing mitigation strategies, providing customers a substantial competitive advantage in the speed and cost required to tactically address these incidents. Elemica’s Risk Solution will apply DHL Resilience360’s comprehensive Risk Management capability, correlating incidents with the customer’s network assets, orders and shipments to detect and understand the impact of disruptive events.
“Businesses are increasingly asking for solutions enabling them to mitigate potential supply chain failures before they even occur. Our predictive risk detection software Resilience360 provides this transparency and allows them to address risks in a more efficient and timely manner, ensuring a competitive advantage,” said Tobias Larsson, Head of Resilience360, DHL Customer Solutions & Innovation. “Our partnership with Elemica brings together the full global workforce on both sides, creating supply chain intelligence combined with Elemica’s existing visibility of customer data. This represents a significant advantage as businesses are able to leverage our joint expertise for proactive continuity planning. This is a good example of how digitalization can benefit end-to-end supply chain operations in ensuring resilience and therefore increasing competitive abilities.”
Elemica added that the DHL Resillience360 partnership will aid in providing new layers of insight for their customers, allowing them to discern which orders and products are impacted by location, what alternative shipping methods exist and the economic impact if orders are delayed.