Supply Chain Risk Management

Risk Control Tower solution to map your multi-tier supplier network, monitor disruption events real-time, and reduce time and cost to manage disruptions

The global pandemic has made it imperative for enterprises to invest strongly in building a dedicated Supply Chain Risk Management function. The pandemic upended cash flow, revenue, and costs. The volatile demand-supply gaps, production and logistics challenges put additional strain on organizations to meet customer expectations and demands.

Wipro’s Supply Chain Risk Management (SCRM) has been specially designed to put enterprises back in control of their supply chains:

Proactive Risks Assessment Mapping and quantification of multi-tiered (Tier 1-N) suppliers

Identifying 24/7 choke points
Monitoring commodity price changes or scarcities
Tracking events such as natural disasters, geopolitical imbalances, lawsuits, port disruptions, power outages, human health crisis, etc.

Immediate Risk Mitigation based on identifying risks, creating recovery plans, and improving lead time accuracy to reduce shortages and excess

Sustainable Resilience

Identifying best-fit strategies
Periodic risk assessments
Predict supplier delivery performance

Enterprises that leverage our SCRM solution can expect a Managed Service model for end-to-end Supply Chain Risk Management with rapid recovery of supply chains. They have benefitted from:

AI based platform for faster supply chain risk management
Mapping of 95% of global suppliers across tiers, including sites, parts, and bill of materials
90% reduction in time and cost to detect disruption
~30% cost take-out opportunities
~25% improvements in lead times
2-4 times expand Contingent Business Interruption Insurance with named sites
Agile implementation and setup – initiate risk insights available within 1 week of supplier mapping
Enable risk intelligence to predict PO failures during order fulfilment and track material movement delays