BONN, Germ.–DHL has launched its DHL Resilience360 risk management solution, which the company says will enable businesses to turn supply chain disruption and “global environmental and socio-political volatility” into competitive advantage by providing them with a holistic, end-to-end view of their supply chains and real-time risk visibility.
With the support of DHL Resilience360, customers can avoid production stop and lost sales by redirecting resources and adopting alternative strategies when a disruption occurs; considerably supporting their financial stability and potentially capturing sales and market share from their competitors, said a release.
The launch comes as findings in ‘The Resilient Supply Chain,’ a new report by Lisa Harrington, President of the lharrington group LLC, reveal that companies risk critical damage to their businesses if they don’t build resiliency – rather than just risk management – into their supply chains to address and respond to the driving trends shaping international commerce.
Bill Meahl, DHL’s Chief Commercial Officer, says, “We understand that supply chains are the lifeblood of our customers’ businesses and create solutions like DHL Resilience360 to help them meet today’s challenges and anticipate tomorrow’s. You can’t eliminate risks or prevent them from happening, but you can manage them to help minimize the negative impact on your business. With the right tools, you can even capitalize on disruptions and disasters by having the correct measures in place to respond quickly and effectively when competitors can’t.”