- Free Version: Available for teams of up to 10
- Pricing: Premium plan $24/month (with free 30-day trial period)
- Platforms supported: Available on mobile app (iOS and Android) or a web-based software
SafetyCulture (iAuditor)
Why use SafetyCulture?
SafetyCulture allows you to digitize the risk management process relevant to the supply chain. The platform is designed for large organizations, and you can use it to track data and manage risks across multiple sites. That way, you make the entire process more efficient while also simplifying it for risk managers. It even offers offline access, enabling automatic syncing when the device is back online, making this a flexible platform for any organization.
Features:
- Stay on top of risks by conducting regular risk assessments using customizable checklist templates
- Find potential risks and areas of improvement by consistently gathering data and analytics
- Stay on top of potential problems by reporting risks and issues found during inspections and assigning immediate actions
- Instantly generate and share reports with stakeholders over the cloud for faster data transmission
- Keep the entire workforce equipped to handle risks by using the robust training platform
Why use Resilinc?
Resilinc is a supply chain risk management platform designed to identify, assess, and mitigate risks across the supply chain. It provides real-time visibility, predictive analytics, and collaboration tools to enhance supply chain resilience.
Features:
- Risk assessment and impact analysis
- Business continuity planning
- Supply chain visibility and mapping
- Free Version: No
- Pricing: Starts at $1,400/month
- Platforms supported: Web and mobile (Resilinc EventWatch)
Why use Assent?
Assent is made for data management and risk assessments, making it a powerful platform for any organization. It helps businesses navigate and comply with complex global supply chain regulations while identifying and mitigating risks.
Features:
- Regulatory compliance tracking
- Risk assessment and mitigation
- Supply chain data analytics
- Free Version: No
- Pricing: Contact vendor for pricing
- Platforms supported: Web
Why use One Network?
One Network particularly assists organizations in supply chain risk management as it’s an AI-driven platform that offers unique insights and data on supply chain performance. It enables real-time monitoring of supply chain activities, helping organizations mitigate risks and improve overall efficiency.
Features:
- Real-time supply chain visibility
- Collaboration and communication tools
- Demand planning and forecasting
- Free Version: No
- Pricing: Contact vendor for pricing
- Platforms supported: Web
Why use Arkieva?
Arkieva is a feature-rich software with a focus on demand planning, inventory optimization, and risk management. It helps businesses streamline large-scale operations while mitigating risks.
Features:
- Demand planning and forecasting
- Inventory optimization
- Scenario analysis for risk management
- Free Version: No
- Pricing: Contact vendor for pricing
- Platforms supported: Web
Why use Predict360?
Predict360 is a risk and compliance management platform that includes supply chain risk management capabilities. It helps businesses automate risk assessments, monitor compliance, and enhance overall supply chain resilience.
Features:
- Supply chain risk assessment and analysis
- Compliance monitoring and reporting
- Incident tracking and management
- Free Version: No
- Pricing: Contact vendor for pricing
- Platforms supported: Web
What is Supply Chain Risk Management Software?
Supply chain risk management software is a comprehensive and powerful platform for spotting and managing risks in an organization’s supply chain. This tool helps manage risks at every point in the supply chain, including suppliers, logistics, and operations. That way, it’s easier to identify vulnerabilities and disruptions that could impact the continuity of the supply chain. This software typically utilizes data analytics, real-time monitoring, and predictive modeling to assess potential risks. This offers managers a reliable and consistent data set that they can use when making informed decisions to boost the overall safety and efficiency of their supply chain operations.
Importance
Identifying and managing risks is paramount to an organization’s operations. Supply chain risk management software provides a comprehensive and data-driven approach to assess and manage these risks, offering real-time visibility into the entire supply chain. By leveraging advanced analytics and modeling, businesses can make informed decisions, develop effective risk mitigation strategies, and enhance overall supply chain resilience.
Also, the proactive approach that’s facilitated by the software helps minimize the impact of disruptions and challenges. This ensures that organizations can maintain consistent and reliable delivery of products and services to customers.
Key Features
It’s ideal for companies to choose supply chain risk management software based on their unique needs, which is why most software options come with wide feature sets. That said, there are some key features that you can’t miss when choosing a specific solution for your organization. These include the following:
- Risk Identification
- Real-time Monitoring
- Data Analytics
- Predictive Modeling
- Supplier Management
Choosing the Right Supply Chain Risk Management Software
Here’s a breakdown of the list of software options to make it easier for you to find the best fit for your organization:
| Supply Chain Risk Management Software | Free Version | Paid Plan | Mobile App |
| SafetyCulture | Yes | $24/user/month* | Yes |
| Resilinc | No | $1,400/month | Yes |
| Assent | No | Contact vendor for pricing | No |
| One Network | No | Contact vendor for pricing | No |
| Arkieva | No | Contact vendor for pricing | No |
| Predict360 | No | Contact vendor for pricing | No |
*billed annually
