San Francisco—Dec. 5, 2012—The continuous threat of global multi-tier disruptions drives high demand for its supply chain resiliency solutions, confirmed Resilinc Corp., a provider of multi-tier supply chain resiliency solutions.
Global supply chains have been impacted in recent years as the result of numerous highly disruptive events including devastating natural disasters; factory explosions and fires; economic crisis; labor disputes; unexpected supply shortages; and other unforeseen disruptions. Most recently, such disruptive events included Superstorm Sandy; the explosion and fire at the Bombardier plant in Quebec; and the explosion at a chemical plant in Japan responsible for as much as one-fifth of the global market of super-absorbent polymers. Such events have caused many senior executives to rethink supply chain risk mitigation strategies in order to reduce the potential impacts of future events.
“As I speak with customers on an on-going basis, supply chain resilience is consistently a top concern with senior supply chain executives and often a board level issue,” confirmed Kevin O’Laughlin, Principal, Supply Chain and Operations Advisory Services, KPMG LLP. “Executives in several industries including life sciences, high tech and automotive have seen the impact that supply chain disruptions can cause and are seeking comprehensive and innovative ways to address supply chain risk.”
Constantly monitoring for global supply chain disruptions, Resilinc issued a total of 45 notifications between September and November 2012 for an average of one potentially impactful event every other day during that time period.
“Ongoing market volatility and the rise of global inter-connected supply chains have kept supply chain risk a topic of growing concern for operations and supply chain management departments in the corporation,” said Ann Grackin, Chief Executive Officer, ChainLink Research. “Traditional planning systems providers do not understand the risk issues or what it takes to develop comprehensive solutions to mitigate these risks. This is why we see a new breed of solutions providers such as Resilinc in the market, who understand the issues and can help companies confront these challenges.”
In addition, Resilinc witnessed demand and adoption for its products and solutions soar in recent quarters, as global companies across multiple industries look to closely engage with supply chain partners to better mitigate future potential risks. The continued high rates of supplier participation in client supply chain resiliency programs over the last several quarters illustrates a growing awareness of the need for disruption risk mitigation across all participants and tiers in the supply chain.
“Our rapidly growing list of clients and supplier partners validates that Resilinc’s fundamentally innovative approach is more effective for companies looking to improve visibility and resiliency,” said Bindiya Vakil, President and Chief Executive Officer of Resilinc. “Resilinc’s clients quickly gain the multi-tier deep insights they need in order to effectively execute their proactive risk mitigation strategies. Supplier partners are also participating at high levels because Resilinc allows them to efficiently share resiliency data across multiple customer relationships. With each new client and supplier who joins the platform, the value delivered increases for the entire Resilinc community. This is due to the network effect that our solution creates in the area of supply chain visibility.”
Resilinc’s multi-tier supply chain mapping and visibility, patent-pending risk analytics, global event monitoring and risk mitigation management capabilities are increasingly adopted by industry leaders to proactively plan for, monitor and mitigate global supply chain disruptions.
“Resilinc enables us to adopt proven industry best practices in supply chain resiliency to strategically protect our products and interests, both now and in the future,” said Vonnie French, Director of Manufacturing Operations for Palo Alto Networks. “By identifying and quantifying single points of failure, we can proactively plan for and mitigate potential disruptions.”
For more information regarding supply chain resiliency, visit www.resilinc.com to register for the December 18th, 2012 Webcast, featuring speakers from MIT and Resilinc.