“Today, when you see a war room, you might think whiteboards or Excel type of tools—and that means extremely manual response capabilities,” said Vakil. “Resilinc is one of the first solutions that captures the actual manufacturing, distribution and warehousing footprint of suppliers. So instead, you have a virtual war room and people can access all the necessary supply chain information from one dashboard. Today, you have multiple tiers in the global supply chain to the point where you might not know where your supply chain dependency might be in the chain. We have the solution to proactively improve visibility, provide the analytics to protect your single points of failure proactively and have the strategies to mitigate disruptions quickly and in a cost-effective fashion.”
And whether operational or catastrophic, the platform pairs the mapping, analytics and information together with the monitoring of events as they occur, providing early notification to customers of those events.
“There are definite capabilities available in the market to address supply risk,” said Bovit. “But one key area that was really lacking in the markey was this capability to map the supply chain. It’s a complex area and the mapping is where our secret sauce lies. When you get the mapping down to the suppliers and their facilities, parts, product and revenue and you map all that together—now, any information you capture can be mapped down to those details. And that’s what’s really different about Resilinc,” he concluded.