riskmethods

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Claim Company
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Munich, Germany
,
Germany
https://www.riskmethods.net

The riskmethods Solution empowers businesses of any size and in any industry to proactively monitor, identify, assess, and mitigate all types of risk. Leveraging AI-powered risk intelligence, our cloud-based modular platform promotes insights and collaboration for building resilient supply chain networks. The riskmethods Solution provides an unparalleled user experience combined with the flexibility to integrate external and internal data sources most relevant for monitoring and exposing supply chain risks. Through automation, our modular platform establishes a single source of truth around risk across global supply networks. Our technology, combined with our professional services, vastly enhance your ability to manage operational and supply chain risks. Through active collaboration, we help you promote risk awareness and establish joint mitigation efforts with your business partners. Based on this improved risk posture, you gain competitive advantage with a well-managed approach to ensure business continuity, protect you reputation, and reduce the costs related to supply chain risk.

Acquired
Acquired
Acquired
Supplier Management
General Information
Status
Acquired
City (Headquarter)
Munich, Germany
Country
Germany
FTE’s
220
Employees
Founding Date
31/12/2012
Funding ($)
$
24300000
Phone
(609) 961-1793
Contact Email
pmm@riskmethods.net
Founder
Founders
Status
Acquired
City (Headquarter)
Munich, Germany
Country
Germany
FTE’s
xxx
Employees
Funding ($)
$
xxxxxxx
Phone
xxxxxxxx
Founder
Founders
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Techsegment
Software
Artificial Intelligence
Machine Learning
Market Sub-Segment
Supply Chain Visibility
Supplier Management
Sustainability Sub-Segment
Other
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Techsegment
xxxxxx
Sustainability Sub-Segment
xxxxxx
Market Sub-Segment
xxxxxx
Description
The riskmethods Solution empowers businesses of any size and in any industry to proactively monitor, identify, assess, and mitigate all types of risk. Leveraging AI-powered risk intelligence, our cloud-based modular platform promotes insights and collaboration for building resilient supply chain networks. The riskmethods Solution provides an unparalleled user experience combined with the flexibility to integrate external and internal data sources most relevant for monitoring and exposing supply chain risks. Through automation, our modular platform establishes a single source of truth around risk across global supply networks. Our technology, combined with our professional services, vastly enhance your ability to manage operational and supply chain risks. Through active collaboration, we help you promote risk awareness and establish joint mitigation efforts with your business partners. Based on this improved risk posture, you gain competitive advantage with a well-managed approach to ensure business continuity, protect you reputation, and reduce the costs related to supply chain risk.
Company USP
As a SCRM solution leader with over 24,000+ users in 200+ global enterprises, riskmethods has been successfully used on the market since 2013. With real-time monitoring of over 100+ risk categories from millions of data sources across the leading global media languages for over 10 years. Our expert-driven risk team sends out 65K+ noise filtered alerts and news across 150k global news sources. With an easy-to-use UI/UX design designed by supply chain experts for risk practitioners. It is flexible to use with an open API designed for enterprises using ERP and leading SIM, PLM systems.  Above and beyond the recognition riskmethods has had in the past, it’s the Supply Risk Network that takes us to the next step of innovation. As the collaborative hub for supply chain transparency, we enable our customers to avoid supply chain disruption. Compared to all other SCRM solutions, SRN relies on a collaborative network to drive Sub-Tier Visibility and achieve supply chain transparency along all stages of the value chain. All participants in the network gain insight into supply chain risks. Effective sub-tier supply chain mapping requires as much firsthand visibility as possible to be strategically actionable. Companies that work with their suppliers to achieve transparency create an advantage that is hard to beat. Collaborative efforts such as mapping can’t be mandated – or at least they shouldn’t be. It is therefore incumbent upon buy-side companies to convince their suppliers of the merits of building increased supply chain transparency and then sharing that information with others in their network.  Our solution to Sub-tier-Visibility through the Supply Risk Network provides the incentive to join by providing supplier a freemium version of the platform to contribute their tier 1 suppliers for engaging them in the wider process of collaboration while providing the inventive of innovation.
Problems Solved
Prevent reputational damage by providing visibility throughout the end-to-end supply chain. Simplify processes through automation, single-source of the truth, and aggregated/harmonized risk data specific to your company global supplier network. Building confidence using both an internal and external view that validates risk management with customers and other parties. Build on existing intelligence to understand risk in the context of spend and other systems.
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Description

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Company USP

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Business Model
B2B Hardware
B2B Service
Target Customers
Companies with complex or globalized supply chains, typically € >100M revenue. Typical buyer are procurement, supply chain, enterprise risk departments.
Reference Customers
AGCO, Autoliv, Bang & Olufsen, Beiersdorf, Bosch, Bridgestone Americas, BT Group, Carl Zeiss, Clariant, Corning Incorporated, Deutsche Telekom, Deutz, Douglas Dynamics, Drägerwerk, FMC, Givaudan, INEOS, Joyson Safety Systems, Mars, Nufarm, Porsche AG, Rottendorf Pharma, Siemens, Stanley Black & Decker, Stockmeier Chemie, Tesla, Tetra Pak, Unilever, Vaillant, Vorwerk
Operating Geographies
Europe, North Americas, China, Brasil
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Business Model
xxxxxx
Target Customers
xxxxxx
Reference Customers
xxxxxx
Operating Geographies
xxxxxx
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Attachments
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