If you source externally for materials, products or services, there is probably risk in where your suppliers are located. That risk might be geological, weather-related, political or social and it's essential that each one should be identified, quantified and ranked. And mitigated.
You may be able to do this internally but if you need to need to involve others, including your supply chain, then ClearChain would help you, either in planning the mitigation or in dealing with the effects of risk if they actually occur. : with supply chain mapping, comparing capabilities, reviewing previous compliance or performance audits and more.
ClearChain also supports the use of risk maps from third party specialists. From risk maps analysis combined with ClearChain auditing, vendors could be ranked according to their geographical location.
A typical supply chain audit might give you various pearls of wisdom such as: