o9 Solutions Launches Supply Sensing to Help Companies Predict, Assess and Mitigate Supply Disruptions
Summary
o9’s Supply Sensing solution monitors internal and external factors, including agricultural yields, weather patterns, transportation disruptions, employment indices and more. The solution is able to provide alerts on potential changes to key commodity availability and pricing up to 12 months before the Tier 1 supplier is affected – a key differentiator when compared to other solutions that can only monitor events impacting Tier 1 suppliers as they occur. o9’s Supply Sensing solution, powered by its Digital Brain technology, then quantifies the probability of the event’s occurrence and recommends mitigation actions that are tailored to the manufacturer’s strategic objectives, such as purchasing a key commodity from a different region or at another time. Through o9’s multi-tier collaboration capability, users can also take immediate action with their suppliers to further mitigate supply chain risk. The three main use cases for o9 Supply Sensing include: Predicting the impact of major weather events on your supply chain; utilising leading indicators to predict transportation availability; and calculating the probabilistic disruption to a specific supplier or facility.
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