Case Studies
How Dana masters supply chain risk with The riskmethods Solution
Overview
Analytics & Modeling - Predictive Analytics Analytics & Modeling - Real Time Analytics Application Infrastructure & Middleware - Data Exchange & Integration | |
Automotive | |
Logistics & Transportation Procurement Quality Assurance | |
Predictive Maintenance Supply Chain Visibility | |
Data Science Services System Integration | |
Operational Impact
The riskmethods Solution enabled Dana to quickly assess and communicate the impact of an earthquake in Mexico on their supply chain, reducing response time from several days to the same day. | |
Dana used The riskmethods Solution to evaluate the financial stability of suppliers in Turkey following currency devaluations, ensuring they were not caught off guard by potential supplier failures. | |
The solution allowed Dana to monitor pollution-related shutdowns in China, particularly affecting critical casting suppliers, ensuring they were aware of any disruptions that could impact their operations. | |
Quantitative Benefit
Reduced customer-response times from several days to the same day during supply chain disruptions. | |
Enabled quick assessment of the impact of natural disasters, such as earthquakes, on the supply chain. | |
Facilitated the evaluation of financial stability of suppliers in regions affected by currency fluctuations. | |