In an age of global sourcing, interconnected vendors, logistics networks and complex supply-chains, every link from raw materials to delivery can be a potential point of failure. Elewix Risk Quantification & Supply-Chain Risk Services help you assess, quantify and manage supply-chain risks providing data-driven insights, mitigation strategies, and resilience plans to protect operations, reputation and business continuity.
Whether you depend on few local suppliers or a vast global procurement network Elewix ensures that supply-chain risks are understood, minimized and managed proactively.
Supply-chain risk quantification estimates how likely a risk event is and the potential impact (financial, operational, reputational) turning vague risks into concrete numbers. This helps organizations prioritize mitigation efforts and allocate resources efficiently, rather than guessing or reacting.
Risks can include supplier insolvency, quality failures, logistical disruptions, natural disasters, geopolitical instability, compliance and regulatory violations, cyber risks (if supply-chain involves digital systems), environmental/social risks, and any factor that could disrupt supply-chain flow.
Assessment and quantification should happen initially during supplier onboarding or supply-chain design and afterwards periodically or whenever there’s a significant change (new supplier, change in procurement volume, geopolitical events, regulatory changes, business expansion). Also after any incident or near-miss.
It benefits companies of all sizes. Even smaller businesses with fewer suppliers can avoid disruptions, manage vendor risk, ensure continuity, and build trust. Quantifying risk early helps avoid costly surprises and supports stable growth.
Yes. With structured supply-chain mapping, risk reporting, mitigation documentation, vendor audits and compliance tracking you get transparent records and processes that support regulatory compliance and audit readiness.
Procurement focuses on sourcing, cost, quality and delivery. Supply-chain risk management (SCRM) adds a layer: it anticipates disruptions (financial, external, compliance, geopolitical, environmental, cyber), quantifies them, and builds resilience strategies transforming procurement into robust, risk-aware supply-chain operations.
We’re a full-service creative agency turning bold ideas into digital experiences. From strategy to execution — we make brands unforgettable.
© 2025 Elewix. All rights reserved.
