Despite its critical importance, the supply chain risk and disruption onslaught is only increasing. In fact, the more global and efficient supply chains become, the less margin for error and the more vulnerable they become to political, economic, and environmental disturbance. Supply chain leaders can employ various strategies to hedge against these challenges, but there’s little they can do to avoid them.
The good news is that there are many risks in the supply chain that can be minimized and even eliminated. SourceDay is focused on helping organizations mitigate the risks they can control.
Over a decade in PO Lifecycle Management, SourceDay has managed more than $59B in direct materials spend and boosted PO data accuracy confidence to 100%. We’re combining that ground-breaking expertise with proprietary and patent-pending, data-driven ML models to detect, predict and prevent risks to on-time delivery.
SourceDay now extends and amplifies risk mitigation to critical supply chain links and processes that are known for causing significant and sometimes disastrous operations disruptions. SourceDay empowers manufacturing and distribution companies to deliver more on-time customer orders and operate their businesses with more reliable revenue projections, leading to improved financial and operational performance, confidence, and increased value across the organization.