September 15, 2019

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SAP Ariba partners with Tokyo Shoko Research to manage risks to 8.4mn Japanese companies | SCM



Managing threat is likely one of the oldest preoccupations in enterprise, and the quickly accelerating tempo of change produces new bogeymen for each new manner of doing digital enterprise. Helping harness the newest generations of enterprise know-how options so as to assist companies scale back threat of their provide chains, SAP Ariba’s Supplier Risk resolution. 

Businesses face risks day-after-day so as to stay afloat, and provider threat administration is one important issue to contemplate, in accordance to SAP. However, it may be troublesome to rapidly perceive info from a number of suppliers and make well timed selections.

SAP Ariba Supplier Risk allows companies to repeatedly monitor provider threat and provoke the suitable due diligence with their suppliers, so as to keep away from pointless threat and stop provide chain disruptions. The resolution is designed to assist consumers make smarter and safer selections earlier than buy by making threat due diligence a pure a part of the procurement course of.

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The resolution can entry threat intelligence knowledge from over 500,000 sources, together with information websites, authorities knowledge, catastrophe info programs and different private and non-private sources, and might robotically monitor over 280 threat incidents. Moreover, provider profiles, operations, threat profiles and extra may be mixed right into a single but complete 360-degree view.

Founded in 1892 as the primary credit score reporting company in Japan, Tokyo Shoko Research (TSR) has been offering insightful enterprise evaluation to Japanese corporations for over 125 years. This week, TSR introduced a brand new partnership with SAP Ariba, which is able to see SAP combine knowledge on greater than 8.4mn Japanese companies masking over 200 analysis standards into the SAP Ariba Supplier Risk resolution.

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