Global Supply Chain Data and Risk Monitoring Services to 4th Tier
Awarded 31 Mar 2024
About
The Department for International Trade awarded a contract to Interos Inc.
for global supply chain relationship and risk data sets to the 4th tier, created from combining over 100,000 sources of data, including shipping data, commercial and open datasets, and unstructured data using NLP techniques.
The service provided six risk metrics for companies and six risk dimensions (financial, ESG, operational, restrictions, geopolitical, and cyber).
Supply chains of interest were mapped both upstream and downstream to the 4th tier using multi-tier, multi-factor risk monitoring methodology to reveal sub-tiers of suppliers that would otherwise be invisible.
The solution enabled mapping of the entire supplier network, tracking every relationship for every business connected to the entity of choice.
Continuous risk monitoring was provided through an automated process assessing suppliers across key product categories for full-spectrum risk data in real time, with real-time alerts flagging disruptive events impacting key suppliers or product categories.
The contract value was AUD 165,935.
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