Supply Chain Risk Management

What is Supply Chain Risk Management?

Mitigating supply chain vulnerability is key to growth

Supply Chain Risk Management (SCRM) is a crucial area within the field of operations management and logistics, focusing on identifying, assessing, managing, and mitigating risks throughout the supply chain. The supply chain encompasses all activities involved in the production and delivery of a product or service, from raw materials sourcing to manufacturing, distribution, and the final delivery to the consumer. Given this breadth, the potential risks are numerous and varied, ranging from operational to financial, geopolitical, environmental, and beyond.

The globalization of supply chains, coupled with increased complexity and interdependencies among suppliers, has heightened the potential impact of disruptions. High-profile incidents, such as natural disasters affecting production in key regions, cybersecurity breaches leaking sensitive data, or the global COVID-19 pandemic disrupting international trade, have underscored the importance of proactive and comprehensive supply chain risk management.

With effective SCRM, organizations can not only protect themselves against potential losses but also gain a competitive advantage by ensuring the reliability, efficiency, and sustainability of their supply chains.

Identify early signs of credit vulnerabilities in supply chains

Supply chain risk insights from the world's largest company database

Our credit risk models are built on decades of global private company data from our bank consortium members, coupled with time-tested techniques to calculate credit risk from equity signals. Our models are validated over multiple credit cycles and informed by the world’s leading financial institutions who use them.

4 million defaults going back to 1973
190+ million detailed financial statements
Verified information and credit insights for 450+ million pre-scored companies
Coverage for small businesses on Main Street to global conglomerates
In-depth spending trends and accounts payable data across major supply chains
$2.5+ trillion in biennial B2B transactions for over 56 million business locations globally
Key firmographic information, plus extensive corporate structure, ownership and parent/support details
Macroeconomic insights and Climate & ESG risk metrics

Our early warning system turns data into action, enabling you to mitigate supply chain risks and seize opportunities

Staying ahead of potential credit risks and financial losses can be a daunting task. But what if you had access to an advanced platform with accurate global data and decision analytics built in?

Screen potential suppliers and on-the-spot credit assessment
Optimize onboarding with automated decisioning tools
Monitor suppliers and adjust operations with early warning signals
Rank and benchmark suppliers vs. 300,000+ peer groups
Forecast performance across industries and regions to find areas of growth
Identify reputational risks with news-based insights
Inform responsible sourcing and sustainability with Climate & ESG measurement

Simplify supplier risk monitoring

Game-changing automation and efficiencies – so you can ensure your company’s resiliency

EDF-X is scalable, easy to use, and has industry-leading coverage, so you can assess all of your suppliers with confidence. Now you have a holistic solution to support business continuity, reduce costs and maintain quality standards.