When it comes to the supply chain industry, using a proven and reliable risk and threat platform is essential. After all, the types of problematic events that can impact supply chains are vast and varied — ranging from pandemics to geopolitical disruptions to major storms to country-to-county trade wars, and the list goes on. With so many potential risks and threats at play, it can be difficult for the security and intelligence teams to remain confidently informed on all that is happening around the world … unless they are employing the right tools.
Advancements in technologies like AI and ML are giving threat and risk intelligence analysts the information they need to be informed of issues happening in real time across the globe, and track changes in the behaviors, actions, and opinions of the masses. This additional insight enables them to proactively address issues before they happen — thereby adjusting supply chain processes and plans to mitigate disruptions and ensure that goods get manufactured, shipped, and sold according to plan.
Humans Are Not Enough
If the ability to stay ahead of disaster sounds too good to be true; it’s not. But you do need a seasoned team of risk and threat intelligence analysts, data analysts, programmers, reliable tools, and more in your corner, providing critical and timely insight and advice to help you readily adapt to roadblocks.
The amount of data being broadcasted in 2023 is almost incomprehensible. From news sources to social media to emails, texts, and chat rooms, we are living in a world where approximately 1.14 trillion MB pieces of data are created per day. To stay on top of all of this information, organizations need sophisticated systems that are able to review and compute all of these at speeds no human would be capable of. That is exactly what the Seerist platform does.
But having speedy computers is not enough. Data must be analyzed. Experts need to provide context, based on their real-world experience and historical knowledge. This combination of machines plus humans is what can help an organization stay ahead of major catastrophe.
Three Musts for Your Risk & Threat Intelligence Partner
Today there are a variety of technologies, programs, and platforms specifically designed to ensure that no piece of data goes unread. To help your organization choose the partner with the right tools, here are three things your risk & threat intelligence solution should provide:
- Offer a variety of early detection notifications – from email alerts to graphs and charts – to help you cut through the noise and identify potential disruptive events, risks, and threats.
- Leverage AI and ML-driven tools that continuously assess changes in risk or instability that could impact operations.
- Have dedicated analysts available to offer mitigation and response strategies.
A risk and threat platform is able to identify changes in stability levels days to weeks ahead of events that can disrupt supply chains, like strikes, crime, and disasters. Just imagine what you could do if you had a few weeks or days of notice of impending disruptive events? These types of leading indicators of change, no matter where they occur across the globe, are key to understanding potential disruptions to stability that will have impacts to global, regional and local supply chains and economics.
It’s not just about knowing what is happening, but it’s about receiving an assessment of what has happened and how that is and will likely impact risk levels. If you’re risk and threat solution isn’t doing all of this and more, it’s time to make a change, as a risk and threat intelligence partner that does anything less will not be up to the task of helping your supply chain implement a global risk program at the scale and speed that is needed for today’s dynamic information environment.