Supply Risk Management (SRM)
What happens if one of your suppliers goes down? Could spikes in demand for components negatively impact your production schedule?
New Momentum’s Supply Risk Management solution comprises the Strategic Parts Monitor and the Constrained Parts Finder. This SaaS-based solution addresses a number of important risk factors, such as:
- a supplier’s inability to fill planned delivery schedules in a timely fashion;
- visibility to demand fluctuations and lead times that could lead to a supply shortage;
- warning of price variances that can negatively affect a product’s profit margin.
Strategic Parts Monitor
Strategic Parts Monitor provides trending information that helps you anticipate shortages, price increases, end-of-life and missed peak season sales. Armed with this data, you can better manage consignments, stockpiles, long-range supplier contracts and overall risk management.
Our Strategic Parts Monitor fills a vital gap in SCM solutions (particularly the availability of a reliable demand signal) by adding important data on long and short-term pricing, availability and lead time of individual parts, as well as BOMs.
Constrained Parts Finder
If you determine that a part is constrained or likely to become in short supply, our Constrained Parts Finder locates constrained parts (including end-of-life) on the spot market, and is intended to be used as a point solution for a specific, stand alone task. This application provides numerous global sources for compliant parts and alternates.