SUPPLIER RISK ANALYTICS

BACKGROUND

  • A global manufacturing organization looking to track and reduce risk in their procurement process

APPROACH

  • Artificial intelligence algorithms monitoring procurement transactions for patterns of ”potentially fraudulent” behavior

COVERAGE

  • Patterns identified based on transactions, buyers, suppliers, locations, products and pricing

VALUE

  • Indicators of potentially fraudulent behavior, supplier collusion, supply disruption risk, reputation risk due to poor practices by suppliers
Big Data Analytics and Consulting