Last week, DHL rolled out DHL Supply Watch, a new tool in its Resilience360 supply chain risk management platform. The extension uses machine learning and natural language processing to detect disruptions in a company's supply base, before they become costly or damaging.
DHL Resilience360’s Supply Watch “analyzes millions of online sources in real-time to detect early indicators of potential supplier distresses before they occur.” The tool can identify impacts of cyber-attacks or financial stress of suppliers, allowing companies to divert services and resources.
Supply Watch adds new risk categories, including financial indicators, mergers and acquisition, environmental damages, supply shortages, quality issues and labor disputes. The tool uses publicly available data mined from online and social media sources.
