Marsh McLennan has launched an AI-powered platform with integrated advisory services.
Developed by Marsh and Oliver Wyman, Sentrisk uses supply chain mapping AI and geospatial satellite imaging to help organisations map their supply chains comprehensively, and to develop risk mitigation, transfer and management strategies that align to their business needs.
The new tool overlays proprietary analytics to pinpoint low, medium and high-risk vulnerabilities down to a site, supplier or component-specific level. Users are then provided with an assessment of their supply chain risks, alerts of disruptions near critical assets, and access to risk advisory services the supplier.
Current risks modelled include natural hazard, geopolitical, climate-related and reputational risks as well as structural risks like single-supplier dependencies and geographic concentration.
“Rising geopolitical tensions, and other risks such as the impact of climate events, mean that supply chain vulnerabilities are now among firms top concerns,” said Martin South, president and CEO of Marsh. “With Sentrisk, clients can use AI technology to make better informed decisions at pace to improve their resilience to major shocks.”
Nick Studer, oresident and CEO of Oliver Wyman Group added: “Through Sentrisk, clients are able to gain greater perspective to inform their strategy. Through knowledge of where risks live in their supply chain, they can better anticipate risks in response to global events and take proactive measures before disruptions occur."
Printed Copy:
Would you also like to receive CIR Magazine in print?
Data Use:
We will also send you our free daily email newsletters and other relevant communications, which you can opt out of at any time. Thank you.
YOU MIGHT ALSO LIKE