New Service From Dow Jones Helps Reduce Supply Chain Risk By Identifying Potential Threats
NEW YORK, – Supply chain executives can better manage risk with a new service from Dow Jones & Company that provides ongoing, active monitoring of a wide range of potential threats. Dow Jones Supplier & Risk Monitor offers proactive monitoring of all types of risk including supplier failure, supply continuity, political exposure, reputation management, product safety, plant and port closures, staffing disruptions and more.
“There has been tremendous investment and great progress in improving supply chain transparency, but there is as much risk, if not more, of supply disruption from external events" said Brigitte Ricou-Bellan, vice president and managing director of Enterprise Solutions, Dow Jones. “Dow Jones Supplier & Risk Monitor helps manage the often overwhelming and fragmented flow of information related to key suppliers, providing supply chain managers with critical information that can help them better manage risk and identify potentially disruptive events before they lead to full-blown supply chain disasters, such as product recalls or loss of revenue.”
Drawing upon more than 25,000 media sources from 150 countries, Dow Jones Supplier & Risk Monitor monitors the news for events that could affect suppliers rather than relying solely on financial data. It allows companies to view a more complete picture of critical partners and regions and to cost effectively expand risk-scanning across all trading partners. Supplier & Risk Monitor also enables supply chain managers to perform research and due diligence to evaluate new partners.
Dow Jones Supplier & Risk Monitor can be fully customized with widgets installed directly into a customer’s workflow or hosted in a dashboard format, ensuring that the most current supply chain intelligence is always accessible. In addition, users can set up alerts, so they can be informed about key news and information by email or mobile device.
For more information about Dow Jones Supplier & Risk Monitor, please visit http://www.dowjones.com/research/DJSRM.asp
About Dow Jones
Dow Jones & Company (www.dowjones.com) is a News Corporation company (NASDAQ: NWS, NWSA; ASX: NWS, NWSLV; www.newscorp.com) and a leading provider of global news and business information. Its principal products include The Wall Street Journal, Dow Jones Newswires, Factiva, Barron’s and MarketWatch. Through its Local Media Group, Dow Jones operates community-based newspapers and Web sites. Dow Jones also provides news content to television and radio stations.
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