oboloo Glossary

Supply Chain Risk Assessment Software

oboloo Glossary

Supply Chain Risk Assessment Software

Supply Chain Risk Assessment Software is a technology solution designed to help organizations identify, track, analyze and mitigate risks in their supply chain processes. It helps businesses gain visibility into the impact of their decisions and strategies on supplier performance, market conditions and business objectives. The software also enables organizations to develop strategies and contingency plans to ensure smooth operations and supply chain resiliency in times of disruption. By assessing risk, organizations can also plan for cost savings and develop strategies to mitigate negative impacts.