How it works
How it works Continuous monitoring**: Real-time surveillance of supplier performance, financial health, and operational status Risk scoring**: AI-powered assessment of supplier risks across multiple dimensions (financial, operational, geopolitical) Automated alerts**: Instant notifications when supplier risk levels exceed predefined thresholds Contingency activation**: Automatic triggering of backup suppliers and alternative sourcing plans Set up steps Supplier database**: Connect your ERP/procurement system with complete supplier information Financial data sources**: Integrate with credit monitoring services (Dun & Bradstreet, Experian) News monitoring**: Configure news APIs for real-time supplier-related news tracking Performance metrics**: Set up KPIs tracking (delivery times, quality scores, compliance) Alert systems**: Configure Slack, Teams, or email notifications for risk alerts Backup protocols**: Define alternative supplier activation procedures Key Features 🔍 360° supplier visibility**: Complete view of supplier ecosystem health and performance ⚡ Real-time risk detection**: Immediate identification of potential supply chain disruptions 📊 Predictive analytics**: Forecasting potential supplier issues before they impact operations 🚨 Automated escalation**: Risk-based alert system with appropriate stakeholder notifications 📈 Performance benchmarking**: Continuous comparison against industry standards and peers 🔄 Contingency management**: Automated backup supplier activation and procurement rerouting 🌍 Geopolitical monitoring**: Tracking of regulatory changes and political risks by region 💰 Cost impact analysis**: Financial impact assessment of supplier disruptions Risk categories monitored Financial stability**: Credit scores, payment delays, bankruptcy indicators Operational performance**: Delivery reliability, quality metrics, capacity utilization Compliance status**: Regulatory adherence, certifications, audit results Geopolitical risks**: Political instability, trade restrictions, regulatory changes Environmental factors**: Natural disasters, climate risks, sustainability metrics Cyber security**: Security breaches, data protection compliance Automated responses Low risk (0-30)**: Routine monitoring and performance tracking Medium risk (31-60)**: Enhanced monitoring with supplier engagement High risk (61-80)**: Immediate supplier contact and mitigation planning Critical risk (81-100)**: Emergency protocols and backup supplier activation Integration capabilities ERP systems**: SAP, Oracle, Microsoft Dynamics for procurement data Risk platforms**: Resilinc, Riskmethods, Prewave for specialized risk intelligence Financial services**: Credit monitoring and financial health assessment News APIs**: Real-time news monitoring and sentiment analysis Communication tools**: Slack, Teams, email for stakeholder notifications This workflow provides comprehensive supply chain visibility and proactive risk management, enabling companies to maintain operational continuity while minimizing disruption costs. An n8n automation workflow template by Rodrigue Gbadou.
Rodrigue Gbadou
web
free
Others in the same category, ranked by how often they are opened.
