Marsh McLennan launches AI-powered solution to transform supply chain risk management
Marsh McLennan (NYSE: MMC) introduced Sentrisk, an AI-powered platform to revolutionize global supply chain risk management. With the rising threat to supply chains from geopolitical tensions and climate-related events, Sentrisk offers advanced technologies to map supply chains comprehensively and develop risk mitigation strategies. The tool provides deep insights into supply chain vulnerabilities, alerting users of disruptions and offering risk advisory services. Sentrisk addresses natural hazards, geopolitical, climate-related, reputational risks, and single-supplier dependencies, enhancing clients' resilience.
Marsh McLennan's Sentrisk offers innovative AI-powered technology to enhance supply chain risk management.
The platform provides comprehensive supply chain mapping and risk mitigation strategies, helping organizations build stronger operational resiliency.
Sentrisk enables users to analyze risks down to a site, supplier, or component-specific level, offering in-depth insights into vulnerabilities.
The tool alerts users of disruptions near critical assets and provides access to risk advisory services from Marsh and Oliver Wyman.
There may be a learning curve for users to fully leverage the advanced technologies and capabilities of Sentrisk.
The implementation of Sentrisk may incur additional costs for organizations seeking to improve their supply chain risk management.
Sentrisk enables clients to comprehensively map supply chains, identify gaps, and build resiliency
With global supply chains for critical goods, resources, and energy under threat from increasing geopolitical tensions and food production and logistics at risk from climate-related events, companies are looking to better understand their supply chain vulnerabilities and build stronger operational resiliency.
Created through the combined capabilities of Marsh McLennan businesses Marsh and Oliver Wyman, Sentrisk uses advanced technologies such as supply chain mapping AI and geospatial satellite imaging. These powerful tools will enable organizations to map their supply chains more comprehensively than ever before and develop risk mitigation, transfer, and management strategies that more closely align to their business needs.
With the ability to analyze deep into a firm’s supply chain, Sentrisk overlays proprietary analytics to pinpoint low, medium, and high-risk vulnerabilities down to a site, supplier, or component-specific level. Users are provided with a comprehensive assessment of their supply chain risks, alerts of disruptions near critical assets, and access to risk advisory services from Marsh and Oliver Wyman. Current risks modeled include natural hazard, geopolitical, climate-related, and reputational risks as well as structural risks like single-supplier dependencies and geographic concentration.
“Rising geopolitical tensions, and other risks such as the impact of climate events, mean that supply chain vulnerabilities are now among firms top concerns,” said Martin South, President and CEO of Marsh. “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 added: “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.”
About Marsh McLennan
Marsh McLennan (NYSE: MMC) is the world’s leading professional services firm in the areas of risk, strategy and people. The Company’s more than 85,000 colleagues advise clients in over 130 countries. With annual revenue of
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Media Contact:
Sally Roberts
Marsh McLennan
+1 347.281.1454
Sally.Roberts@marsh.com
Source: Marsh McLennan
FAQ
<p>What is Sentrisk?</p>
Sentrisk is an AI-powered platform launched by Marsh McLennan to transform global supply chain risk management.
<p>What risks does Sentrisk address?</p>
Sentrisk models natural hazard, geopolitical, climate-related, reputational risks, and structural risks like single-supplier dependencies and geographic concentration.
<p>How does Sentrisk help organizations?</p>
Sentrisk enables organizations to map their supply chains comprehensively, analyze vulnerabilities, receive disruption alerts, and access risk advisory services for better decision-making.
