SUPPLY CHAIN RISK MANAGEMENT MARKET ANALYSIS

Key Developments

• In August 2022, Exiger acquired Supply Dynamics to create the first end-to-end supply chain visibility and risk management solution. The combined platform integrates Supply Dynamics' advanced supply chain collaboration tools, including SDX, PAC, and ExplorerRX, with Exiger's risk management and compliance solutions, such as Insight3PM, DDIQ, and Supply Chain Explorer. This enables customers to gain real-time visibility and control over their extended supply chains, reduce costs, mitigate risks, and enhance compliance across public and private sectors.
• In December 2021, LogicManager released an updated version of its enterprise risk management (ERM) software that integrates with cutting-edge risk management technologies and incorporates artificial intelligence capabilities. The enhanced platform includes new features designed to enable organizations to develop and maintain a robust, end-to-end ERM program. LogicManager's ERM software provides a centralized hub for identifying, assessing, mitigating, monitoring, and reporting on risks across the enterprise. The solution's risk-based approach, automated workflows, and interactive dashboards empower risk managers to focus on strategic priorities, streamline processes, and make data-driven decisions to protect their organization's reputation and improve overall performance.