Marsh McLennan revolutionises supply chain risk management with Sentrisk launch

Marsh McLennan revolutionises supply chain risk management with Sentrisk launch

Marsh McLennan has unveiled Sentrisk, an innovative AI-powered platform designed to revolutionize the way businesses manage global supply chain risk.

Sentrisk, developed through the combined expertise of Marsh and Oliver Wyman, aims to comprehensively map supply chains, identify vulnerabilities, and enhance operational resilience in an increasingly complex global landscape.

Global supply chains, vital for the movement of critical goods and resources, face escalating threats from geopolitical tensions and climate-related events. In response, companies are seeking advanced solutions to understand and mitigate supply chain risks effectively. Sentrisk integrates cutting-edge technologies such as supply chain mapping AI and geospatial satellite imaging to provide unprecedented insights into supply chain vulnerabilities.

By leveraging Sentrisk, organizations can conduct in-depth analyses of their supply chains, identifying low, medium, and high-risk areas down to specific sites, suppliers, or components. This granular approach enables businesses to develop tailored risk mitigation and management strategies aligned with their unique operational needs. Moreover, Sentrisk offers real-time alerts on disruptions near critical assets and provides access to expert risk advisory services from Marsh and Oliver Wyman.

Martin South, President and CEO of Marsh, said, “Rising geopolitical tensions, and other risks such as the impact of climate events, mean that supply chain vulnerabilities are now among firms top concerns. With Sentrisk, clients can use AI technology to make better informed decisions at pace to improve their resilience to major shocks.”

Nick Studer, President and CEO of Oliver Wyman Group, said, “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.”

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