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Aravo and Independent Research Firm Hosting Webinar on Identifying and Managing Supply Chain Risk
Aravo and Independent Research Analyst to Discuss How to Prepare for the Next Supply Chain Disruption
SAN FRANCISCO, Calif., September 22, 2011 – Aravo Solutions, Inc., the leading provider of cloud-based Supplier Lifecycle Management (SLM) and B2B information and collaboration solutions, has joined with Forrester Research, Inc. to deliver a timely webinar for sourcing, procurement and supply chain executives on identifying and managing supply chain risk. Recent global events have highlighted vulnerabilities in complex global supply chains. This webinar will explore the challenges companies face in identifying and planning for those risks in a comprehensive, structured way.
In today's business environment, supply chain risk can come from any direction. From a key supplier financial failure to supplier product quality, to disruptions due to natural disasters, infrastructure failures or geo-political factors, the list is endless. Add to that the difficulty in measuring and monitoring those risks, combined with the complexity of developing mitigation plans, and it's no surprise that many enterprises are ill prepared to deal proactively with supply chain risk.
"Sourcing and vendor management executives are taking on an increasing number of responsibilities, yet they need to maintain their vigilance when it comes to evaluating and managing their global vendors – both from a risk and a quality perspective," said Stephanie Moore, Vice President, Principal Analyst at Forrester Research, Inc., in a recent report: Maintaining Vendor Management Vigilance in the Overheated Global Sourcing Market, Forrester Research, Inc., July 11, 2011.
Join Aravo Solutions and featured guest speaker Stephanie Moore, to learn how to identify and prepare for vendor risk in your supply chain. Participate to hear how to:
- Improve risk management effectiveness
- Enforce supplier policies and procedures
- Mitigate the impacts of disruptions through proactive risk planning and intervention
- Prevent brand erosion from supplier actions
"Our customers repeatedly tell us that supply chain disruptions can damage their brand, result in customer dissatisfaction and have a direct negative impact on their bottom line," said Robert Shecterle, VP-Marketing at Aravo Solutions. "This webinar will help companies understand the dynamics of supply chain risk, as well as explore how to use alerts and triggered risk mitigation plans to minimize the impact of a disruption on their business."
Join Aravo on Tuesday, September 27th, from 10-11am Pacific Time for this exciting webinar. Click on this link to register today: Supply Chain Risk: Are You Prepared for the Next Disruption?.
About Aravo
The world's best-run businesses utilize Aravo's Cloud-based Supplier Lifecycle Management and B2B information and collaboration solutions to find and manage trading partner relationships, reduce supply chain risk, ensure global regulatory compliance and lower the cost of managing suppliers by up to 72%. Customers like General Electric, Accenture, and USAA rely on Aravo to manage information and processes for over 1.5 million global suppliers. Aravo is based in San Francisco, with offices in Chicago, Dallas, Portland, Kiev, Ukraine and Ahmedabad, India, and is backed by over $50 million in investment from Cisco Systems, Big Sky Partners, and the Charles Schwab family. For more information regarding Aravo's award-winning solutions please visit our websites http://www.aravo.com and http://www.aravoassure.com or view our blogs at http://www.2sustain.com and http://atrisk.net.
Public Relations Contact
Robert Shecterle
Vice President, Marketing
rshecterle@aravo.com
415.835.7615
In a recent poll of Fortune 1000 executives, 71.4% of respondents expressed that their biggest concern is risk of supplier financial viability. However, despite these concerns, the majority of respondents have active risk management programs in place for less than 20% of their supplier base.
Source:
Aravo Supply Chain Risk Poll
January 2010
