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Actiom

Supply Chain Risk Management

Supply Chain Risk Management emerged from the Covid crisis as a topic of strategic importance to organizations of all sizes due to:

  • Trade Wars: with the increase of growing economic nationalism and protectionist policies reinforced by military, trade wars have become an integral part of Supply Chain dynamics with major impacts of tariffs and sanctions on several tiers of supply chain players.
  • Disruption Awareness: The pandemic highlighted vulnerabilities in global supply chains, demonstrating how sudden disruptions can halt operations and affect revenue.
  • Resilience Building: Organizations realized the need for stronger contingency plans to adapt quickly to unforeseen challenges and maintain continuity.
  • Ever evolving regulatory landscape: Regulations addressing environmental standards, labor practices, data privacy, and financial crime have added layers of risks on the top of the trade wars
  • Strategic Diversification: Companies recognized the value of diversifying suppliers and production locations to mitigate risks associated with reliance on single sources or regions.
  • Technological Integration: The pandemic accelerated the adoption of advanced analytics and technology to monitor and respond to supply chain disruptions in real-time.
  • Financial Impact: The significant economic losses experienced reinforced the importance of SCRM as a critical component of business strategy to safeguard profitability and sustainability.

    • Research shows that supply chain disruptions impact operating performance from 7% to 120% resulting in 10% drop in shareholder value on average (for more, please fill in the contact form )

    Supply Chain Advanced Risk Enhancement (SCARE) :

    Our Supply Chain Risk Management framework is aptly named 

    Supply Chain Advanced Risk Enhancement (SCARE) TM. 

    It covers the following six dimensions:

    1. Risk Identification
    2. Risk Assessment
    3. Risk Mitigation Strategies
    4. Risk Monitoring and Detection
    5. Risk Response and Recovery
    6. Risk Reporting and communication
    Our originality is to be data-intensive and quantitative throughout the framework, based on unique modelling and valuation methods. This approach is more objective and value-driven while being participative. 
    The result is fully-controlled risk management from shop-floor to Board.
    To know more about the ACTIOM’s way, please fill in the contact form .

    Supply Chain Risk Management Software

    To complement ACTIOM's Supply Chain Risk Management Framework, there is a need for a Risk Management software which must offer:

    • Data connectivity
    • Quantitative Analyses
    • Customizable Dashboards
    • Links to physical reality
    • Real-Time Monitoring

    ACTIOM partnered with a world-class insurance broker to manage the total risk scope throughout the entire life cycle from initial identification, assessment, mitigation, transfer and monitoring with speed and efficiency, leveraging modern technologies and methods. To know more about it, clear here and fill in the contact form to know more 

    Selected examples:

    Assessed and reviewed the end-to-end supply chain risks of a global manufacturer in the energy sector and designed structural mitigation strategies

    Assessed and reviewed the upstream supply chain risks of a global manufacturer in the AgriFood sector and designed structural mitigation strategies including supply and price risk management

    Assessed and reviewed the end-to-end supply chain risks of a global manufacturer in the pharmaceutical sector and designed structural mitigation strategies covering trade compliance and downstream distribution arbitrage

    Assessed and reviewed the upstream supply chain risks of a regional distributor the AgriFood sector and designed structural mitigation strategies including supply and logistics risk & cost optimisation

    To know more about the ACTIOM’s way, please fill in the contact form .