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Jul 23, 2020 at 7:00 AMSupply-R, a new solution from the certification service provider Bureau Veritas, enables improved responsiveness and reliability of supply chains. Supply-R is a solution that allows for a tailored risk assessment of suppliers based on practical data.
(Hamburg) Bureau Veritas, a global leader in testing, inspection, and certification services (TIC), is launching Supply-R, a solution that helps companies meet the new challenges regarding the reliability of their supplier networks and thus ensure business operations under all circumstances.
In the first half of 2020, companies gained numerous insights into the resilience of global supply chains and the impacts of failures and disruptions on their business. It became clear that many companies urgently need to reassess the risks in their supply chains based on practical data. This ensures that all relevant factors are adequately considered, evaluated, and made transparent in light of the new situation.
Co-designing Supply Chains
Bruno Ferreyra, Executive Vice-President of Bureau Veritas, explains: “Economic globalization means that supply chains involve more suppliers and intermediaries than before, who are also scattered around the world. This makes it more difficult to monitor every step, every process, and every stakeholder in the production chain. Our goal is to support companies worldwide in designing their supply chains so that they gain complete control over production.”
Gabriele Rausse, Vice-President I&F Germany, Switzerland & Austria, adds: “With Supply-R, we have found a solution that enables comprehensive assessment and verification of supply chains, thus linking to the current discussions on the Supply Chain Act. Through data-driven monitoring, Supply-R helps companies ensure greater transparency along the entire value chain.”
Supply-R Enables Tailored Risk Assessment
Supply-R is a unique solution that allows for a tailored risk assessment of the supply chain based on practical data. Relevant data is collected during an independent review of key suppliers on-site and aggregated using a digital platform. Based on the available data, business decisions can be made more easily in the future, and the risk of bottlenecks can be minimized. This enables improved transparency of the supply chain.
Additionally, the solution is flexible and agile, allowing it to efficiently meet the specific needs of various customers and industries. It offers a modular structure that specifically addresses critical factors of a supply chain, such as business continuity, technical capabilities, HSE, data integrity and information security, as well as logistics and storage.
Supply-R is aimed at all companies in the industrial and service sectors. It helps them maintain their business operations and better manage risks associated with their global supplier network.
Photo: © Bureau Veritas
