The DHL Resilience360 risk assessment process begins by mapping every node in an organization’s supply chain – even down to your last tier suppliers if required. The solution allows companies to evaluate the level of risk at each node using a range of proprietary tools including country-level risk maps and DHL’s unique Supply Chain Risk Exposure Index methodology. As a result, a comprehensive picture of the network’s resiliency is built. This includes insights on risks such as: the criticality of the parts supplied, the availability of alternative sources, inventories or buffer stocks to bridge supply disruptions, and on detailed surveys of supplier risk mitigation plans.
This highly innovative process not only creates transparency on exposure and vulnerability in over 20 risk categories, it also rates resiliency and ensures coverage of backup plans. In addition, DHL Resilience360 is smart enough to compare the costs and benefits of investing in risk mitigation. It is also able to identify risk hotspots and recommend suitable mitigations and alternatives. What’s more, there’s added peace of mind in the fact that predefined business continuity plans can be triggered directly from the tool.