riskmethods: Is awarded “Best of 2013” certificate for SME initiative in the area of software, thanks to Social Supply Risk Network

riskmethods is a winner when it comes to risk analysis of supply chains

April 23, 2013

riskmethods, Brunnthal near Munich, April 23, 2013 – The SaaS solution Social Supply Risk Network impressed the jury of the SME initiative at this year’s award ceremony and was nominated into the final round for the year as one of the best solutions among the finalists. This entitles riskmethods to make use of the SME initiative label “Best of 2013”.  It documents the innovative strength of the company and at the same time signifies the meaning of expertise within the “Industry and Logistics” category, considering that a total of 4900 submissions were received.

Heiko Schwarz, Director and Head of Marketing at riskmethods is consequently particularly delighted that Social Supply Risk Network received an award at the first attempt: “This award, namely to be one of the best and most innovative solutions among more than 4900 participants from all over Germany, is confirmation of our successful methodology combined with state-of-the-art technology. We also believe that having been honored with the “Best of 2013” title, we have a duty to provide the best high-tech solution for risk analysis of supply chains.” An important task, after all, as 53% of 600 managers of globally active companies are aware of the fact that disruptions in their supply chains have become considerably more costly over the last three years. This was shown by a recent survey released by Deloitte (see bottom left). Furthermore, 42% of managers in this survey confirmed that their companies operate under conditions of increased risk and that their supply chain risk management solutions only have a minimal impact or are not suitable for risk analysis at all.

“Social Supply Risk Network, on the other hand, is a visually attractive graphic cloud solution developed by us that is convenient to operate and easy to use. It allows our customers to compile just-in-time comprehensive risk analyses using the data from their own criteria, which makes them more resilient to worldwide threats in terms of their supply chains,” summarizes Schwarz. For companies, this means higher delivery capacity, improved Basel Basel II/III evaluations, as well as optimization of expenditures related to insurance against failure, better protection in terms of compliance stipulations, and a sustainable positive corporate image in the long run.

Deloitte survey report: