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 Functional Applications - Enterprise Resource Planning Systems (ERP) Platform as a Service (PaaS) - Data Management Platforms
Applicable Industries	Automotive Electronics Equipment & Machinery
Applicable Functions	Business Operation Procurement Quality Assurance
Use Cases	Predictive Maintenance Supply Chain Visibility
Services	Cloud Planning, Design & Implementation Services System Integration Training
Challenge	Hottinger Baldwin Messtechnik (HBM) faced the challenge of creating transparency along global supply chains to minimize risks, secure production, and ensure profitability. They needed to address three key questions: the risk associated with each supplier, the influence of each supplier on profitability, and how to create transparency to prevent production crippling due to supplier defaults. Initially, HBM used extensive Excel lists to collect and prepare risk and supplier data, but as risks and data volumes increased, this method became inadequate. A new, innovative solution was required to integrate data throughout the organization and ensure optimal use of risk information for preventive actions. Read More
About Customer	Since 1950, Hottinger Baldwin Messtechnik (HBM) has been synonymous with leading-edge measuring technology, known for reliability and precision worldwide. HBM's product range covers the entire measurement chain, providing solutions for determining both electrical and mechanical parameters. The company employs 1800 staff across four production sites in Darmstadt (headquarters), Porto, Marlborough (Massachusetts, USA), and Suzhou (Jiangsu, China), along with 31 additional sales and development centers. HBM operates in areas such as measuring amplifiers for the research industry, strain gages, sensors and transducers, load cells, and evaluation and analysis software. Read More
Solution	HBM adopted an all-inclusive approach to monitor key suppliers using riskmethods' Supply Risk Network. This cloud-based SaaS solution allows HBM to monitor suppliers, locations, countries, and hubs for various risks, including natural disasters, strikes, and compliance breaches. The Supply Risk Network provides a world map view of all risk objects and the entire flow of goods along the supply chain. HBM also developed an evaluation matrix to analyze the impact of each supplier, using the riskmethods 'Impact Validator' module to reconcile their evaluation matrix with advanced technology. This combination of risk information and criticality data helps HBM identify suppliers requiring preventive measures. Additionally, HBM introduced a set of measures for critical suppliers, including setting up alternative suppliers and stockpiling products. HBM plans to extend the use of the Supply Risk Network to other departments, aiming to establish it as standard software for all supplier-related functions. Read More Log in to view content
Contents

Technology Category

Analytics & Modeling - Predictive Analytics

Functional Applications - Enterprise Resource Planning Systems (ERP)

Platform as a Service (PaaS) - Data Management Platforms

Applicable Industries

Automotive

Electronics

Equipment & Machinery

Applicable Functions

Business Operation

Procurement

Quality Assurance

Use Cases

Predictive Maintenance

Supply Chain Visibility

Services

Cloud Planning, Design & Implementation Services

System Integration

Training

Challenge

Hottinger Baldwin Messtechnik (HBM) faced the challenge of creating transparency along global supply chains to minimize risks, secure production, and ensure profitability. They needed to address three key questions: the risk associated with each supplier, the influence of each supplier on profitability, and how to create transparency to prevent production crippling due to supplier defaults. Initially, HBM used extensive Excel lists to collect and prepare risk and supplier data, but as risks and data volumes increased, this method became inadequate. A new, innovative solution was required to integrate data throughout the organization and ensure optimal use of risk information for preventive actions.

About Customer

Since 1950, Hottinger Baldwin Messtechnik (HBM) has been synonymous with leading-edge measuring technology, known for reliability and precision worldwide. HBM's product range covers the entire measurement chain, providing solutions for determining both electrical and mechanical parameters. The company employs 1800 staff across four production sites in Darmstadt (headquarters), Porto, Marlborough (Massachusetts, USA), and Suzhou (Jiangsu, China), along with 31 additional sales and development centers. HBM operates in areas such as measuring amplifiers for the research industry, strain gages, sensors and transducers, load cells, and evaluation and analysis software.

Solution

HBM adopted an all-inclusive approach to monitor key suppliers using riskmethods' Supply Risk Network. This cloud-based SaaS solution allows HBM to monitor suppliers, locations, countries, and hubs for various risks, including natural disasters, strikes, and compliance breaches. The Supply Risk Network provides a world map view of all risk objects and the entire flow of goods along the supply chain. HBM also developed an evaluation matrix to analyze the impact of each supplier, using the riskmethods 'Impact Validator' module to reconcile their evaluation matrix with advanced technology. This combination of risk information and criticality data helps HBM identify suppliers requiring preventive measures. Additionally, HBM introduced a set of measures for critical suppliers, including setting up alternative suppliers and stockpiling products. HBM plans to extend the use of the Supply Risk Network to other departments, aiming to establish it as standard software for all supplier-related functions.

Impact #1	The riskmethods Supply Risk Network offers HBM a cloud-based software solution with daily, up-to-date data on all risks for all suppliers, production sites, and countries.
Impact #2	Ongoing risk monitoring, an early warning system, impact evaluation, and action planning ensure that risks are more easily recognized and the extent of damage minimized.
Impact #3	HBM ensures its profitability and increases its competitive advantage by proactively addressing supply chain risks.

Impact #1

The riskmethods Supply Risk Network offers HBM a cloud-based software solution with daily, up-to-date data on all risks for all suppliers, production sites, and countries.

Impact #2

Ongoing risk monitoring, an early warning system, impact evaluation, and action planning ensure that risks are more easily recognized and the extent of damage minimized.

Impact #3

HBM ensures its profitability and increases its competitive advantage by proactively addressing supply chain risks.

Benefit #1	HBM monitors 120 global suppliers and subcontractors using the Supply Risk Network.
Benefit #2	The Supply Risk Network monitors more than 300,000 online sources in near real-time.
Benefit #3	HBM employs 1800 staff across four production sites and 31 additional sales and development centers.

Benefit #1

HBM monitors 120 global suppliers and subcontractors using the Supply Risk Network.

Benefit #2

The Supply Risk Network monitors more than 300,000 online sources in near real-time.

Benefit #3

HBM employs 1800 staff across four production sites and 31 additional sales and development centers.

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Overview

Case Study Supply Chain Risk Management

Operational Impact

Quantitative Benefit