Supply Chain Risk Assessment
Learn to make better-informed strategic decisions and develop action plans to help reduce the number and impact of supply chain disruptions.
Overview
Building resilience into your supply chain helps businesses strengthen their profitability in two ways: by improving your risk profile, and in minimizing the impacts of supply chain disruption. Our Supply Chain Risk Assessment consultancy service helps you build supply chain resilience where required, and address vulnerabilities that could inhibit your ability to respond to today’s risk challenges.
Our supply chain risk evaluation, mapping and grading assesses the exposures and controls in a company’s supply chain, resulting in scores and recommendations for each of their suppliers. This provides actionable insights to help facilitate mitigation strategies that address suppliers individually, including risk transfer options.
The supply chain risk assessment process helps you to make better-informed strategic decisions and action plans in order to reduce the number and impact of supply chain disruptions. Efficiencies gained across resource and capital allocation can help to deliver improvements in both resilience and performance.
A supply chain risk assessment will typically evaluate:
- Value flow maps
- Key supplier details
- Risk factor information on key suppliers
- Critical risk scenarios
- Risk mitigation steps
This solution is available in the United States but may not be available in other jurisdictions. For solution needs outside the United States, contact Zurich to be connected with a Zurich Resilience Solutions representative where available.
Highlights
Protect profits and the balance sheet
Safeguard brand and company reputation
Highlight to senior management any financial exposure within the supply chain
Demonstrate the need to support resilience expenditures
Benchmark against current best practices
Strengthen the overall business continuity plan
How It Works
Supporting Downloads
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Insights
Apr 6, 2021 | Article
Will climate change dry up our supply chains?
There is concern that droughts could cause some of the world’s most important rivers to become unnavigable impacting shipping
Mar 2, 2021 | Article
Tough supply chain decisions and fresh challenges await in a post-pandemic world
COVID-19 exposed the fragility of our global supply chains. Post-pandemic, businesses will have difficult decisions ahead.
Feb 19, 2021 | Article
Supply chain risks are a top concern for technology manufacturers
As COVID-19 has made technology more important than ever, manufacturers face new challenges to keep up with the demand.
Solution Provider
Zurich Resilience Solutions (ZRS) has been created to address a rapidly changing risk landscape, with a new, truly holistic approach to supporting your risk management and helping you to build your resilience. Combining our close relationship and in-depth knowledge of your operations with our industry expertise, ZRS is a key exponent of our promise to build a brighter future together, with existing and new customers.
Zurich’s risk engineers and consultants design and deliver risk services for customers across a range of industries and global locations to help organizations identify and manage risk exposures. Tailored to your organization and working with you, we build a package of services to help you best manage your risks. In addition, we partner with specialist third parties to ensure you are working with the most in-depth expertise.
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