Aravo Solutions has launched ‘Aravo Risk’, a comprehensive SaaS solution that ‘provides a 360 degree approach to supplier risk management’.

Aravo Risk reduces the possibility of catastrophic supplier failures and supply disruptions, improves supplier performance management, and enhances supplier compliance initiatives.

It is based on the flagship Aravo SIM application, which ‘serves as the single source of truth’ for supplier information by centralizing and integrating multiple sources of data - from internal and external stakeholders, across disparate IT systems, and from 3rd party data enrichment. The Aravo Risk application builds on that foundation by enabling users to measure customized risk metrics for each of their suppliers, to monitor risk indicators via automated alerts and an executive dashboard, and to mitigate supplier failure by triggering automated workflows that drive contingency planning.

www.aravo.com

•Date: 8th May 2009• Region: World •Type: Article •Topic: Operational risk
Rate this article or make a comment - click here