Case Studies Case Study Supply Chain Risk Management

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	Case Study Supply Chain Risk Management

Case Study Supply Chain Risk Management

Technology Category	Analytics & Modeling - Predictive Analytics Application Infrastructure & Middleware - Data Exchange & Integration Application Infrastructure & Middleware - Data Visualization
Applicable Industries	Buildings Marine & Shipping Railway & Metro
Applicable Functions	Business Operation Procurement Quality Assurance
Use Cases	Predictive Maintenance Remote Asset Management Supply Chain Visibility
Services	Data Science Services System Integration Training
Challenge	Risk management in multi-tier supply chains is a component that is critical to success for Belimo in terms of ensuring company-wide parts supply, and helps support existing supplier management. Important reasons for initiating supply chain risk management included: Prevention of loss of sales as a result of disruptions in supply relationships, Monitoring of supplier stability, Supporting the sourcing and supplier management process. Read More
About Customer	Belimo is an international group of companies based in Switzerland with more than 1200 employees worldwide. Belimo is the global market leader in the development, manufacture and distribution of drive solutions for regulating and controlling heating, ventilation and air-conditioning systems. The core business is made up of actuators and water actuators. Belimo products can be found in rail vehicles and ships, as well as in buildings such as the Burj Khalifa in Dubai, the National Aquatic Center in Beijing and the Empire State Building in New York. Read More
Solution	Belimo uses the Supply Risk Network from riskmethods to monitor various risks in the entire supply chain. Natural hazards, political disruptions and macro-economic factors as well as supplier-related aspects such as corruption, financial stability and regulatory restrictions are constantly monitored. The interaction with the Belimo Sourcing/SRM system offers a solid base for improved contract award decisions as a result of increased risk transparency. The existing integration of numerous data sources in the Supply Risk Network allows for highly automated information procurement. In this way, a degree of automation of over 90% is possible through linking of data sources such as MunichRE NATHAN Risk Suite (natural hazards), World Bank, United Nations Data, CIA (country risks), Transparency International (image risks) and riskmethods’ Risk Research. Risk Research scans more than 300,000 online sources, thereby enabling automatic provision of near real-time information on disasters that have occurred, such as explosions on factory premises, corruption cases, unrest or strikes. Read More Log in to view content
Contents

Technology Category

Analytics & Modeling - Predictive Analytics

Application Infrastructure & Middleware - Data Exchange & Integration

Application Infrastructure & Middleware - Data Visualization

Applicable Industries

Buildings

Marine & Shipping

Railway & Metro

Applicable Functions

Business Operation

Procurement

Quality Assurance

Use Cases

Predictive Maintenance

Remote Asset Management

Supply Chain Visibility

Services

Data Science Services

System Integration

Training

Challenge

Risk management in multi-tier supply chains is a component that is critical to success for Belimo in terms of ensuring company-wide parts supply, and helps support existing supplier management. Important reasons for initiating supply chain risk management included: Prevention of loss of sales as a result of disruptions in supply relationships, Monitoring of supplier stability, Supporting the sourcing and supplier management process.

About Customer

Belimo is an international group of companies based in Switzerland with more than 1200 employees worldwide. Belimo is the global market leader in the development, manufacture and distribution of drive solutions for regulating and controlling heating, ventilation and air-conditioning systems. The core business is made up of actuators and water actuators. Belimo products can be found in rail vehicles and ships, as well as in buildings such as the Burj Khalifa in Dubai, the National Aquatic Center in Beijing and the Empire State Building in New York.

Solution

Belimo uses the Supply Risk Network from riskmethods to monitor various risks in the entire supply chain. Natural hazards, political disruptions and macro-economic factors as well as supplier-related aspects such as corruption, financial stability and regulatory restrictions are constantly monitored. The interaction with the Belimo Sourcing/SRM system offers a solid base for improved contract award decisions as a result of increased risk transparency. The existing integration of numerous data sources in the Supply Risk Network allows for highly automated information procurement. In this way, a degree of automation of over 90% is possible through linking of data sources such as MunichRE NATHAN Risk Suite (natural hazards), World Bank, United Nations Data, CIA (country risks), Transparency International (image risks) and riskmethods’ Risk Research. Risk Research scans more than 300,000 online sources, thereby enabling automatic provision of near real-time information on disasters that have occurred, such as explosions on factory premises, corruption cases, unrest or strikes.

Impact #1	Belimo scans all risks along supply relationships: Countries, locations, suppliers and their pre-suppliers are monitored in near real time in respect of threats such as political risks (strikes, civil unrest etc.), natural disasters (flooding, earthquakes etc.) or events such as insolvencies or breaches of ethical standards.
Impact #2	The early warning system together with an analysis of the supply chain data then enables risk prevention, so as to safeguard the corporate image and ensure parts supply, among others.
Impact #3	As soon as the risk radar of the Supply Risk Network determines that the tolerance ranges for risk potential defined by Belimo have been exceeded, an alert is generated and sent to the responsible purchasers.

Impact #1

Belimo scans all risks along supply relationships: Countries, locations, suppliers and their pre-suppliers are monitored in near real time in respect of threats such as political risks (strikes, civil unrest etc.), natural disasters (flooding, earthquakes etc.) or events such as insolvencies or breaches of ethical standards.

Impact #2

The early warning system together with an analysis of the supply chain data then enables risk prevention, so as to safeguard the corporate image and ensure parts supply, among others.

Impact #3

As soon as the risk radar of the Supply Risk Network determines that the tolerance ranges for risk potential defined by Belimo have been exceeded, an alert is generated and sent to the responsible purchasers.

Benefit #1	More than ¾ of the Belimo turnover is procured externally.
Benefit #2	Risk Research scans more than 300,000 online sources.
Benefit #3	A degree of automation of over 90% is possible through linking of data sources.

Benefit #1

More than ¾ of the Belimo turnover is procured externally.

Benefit #2

Risk Research scans more than 300,000 online sources.

Benefit #3

A degree of automation of over 90% is possible through linking of data sources.

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Overview

Case Study Supply Chain Risk Management

Operational Impact

Quantitative Benefit