What Exiger Does
Exiger provides an end-to-end supply chain management solution that focuses on enhancing visibility, consolidating risk identification, and improving access to accurate and reliable information. The platform is built to address the increasing complexities and risks in modern supply chains, including supply disruptions, rising costs, declining service levels, and compliance with legal regulations.
Key Features and Functionality
Comprehensive Risk Assessment
Exiger offers a robust risk assessment product that covers multiple risk dimensions such as ownership control, operational, financial health, ESG (Environmental, Social, and Governance), cyber, reputational, criminal, regulatory, and product risk within the supply chain.
Multi-Tier Supply Chain Mapping
The platform includes advanced multi-tier supply chain mapping capabilities, allowing users to visualize and understand their entire supplier ecosystem down to the nth tier. This feature is particularly highlighted in the “Supply Chain Explorer” tool, which rapidly surfaces and mitigates critical threats across the supplier network.
Automated Due Diligence and Monitoring
Exiger integrates automated due diligence and risk event monitoring, enabling sourcing, acquisition, and procurement professionals to anticipate and mitigate risks proactively. This includes sanctions screening and adverse media monitoring to ensure compliance and risk management.
Advanced Item-Level Visibility
The platform provides item-level visibility through tools like “Part Attribute Characterization (PAC),” which delivers reliable, structured bill-of-material information about parts, materials, and manufacturing processes. This is achieved by leveraging artificial intelligence and predictive analytics on clean, reliable data derived from engineering drawings and technical data.
Predictive Analytics and Forecasting
Exiger uses AI-powered predictive analytics to forecast, monitor, track, and trace various supply chain elements, including material quantities, unique material classes, and purchased parts. This helps in building supply chain resilience and enabling scenario planning.
User-Friendly Interface – 1Exiger
The recent launch of “1Exiger” marks a significant enhancement in user experience. This new platform integrates Exiger’s suite of award-winning AI solutions into a centralized, intuitive, and accessible interface. Designed to feel like a consumer-facing app, 1Exiger democratizes supply chain insights and decision-making, making risk scoring and thresholding accessible to all users regardless of their expertise.
Compliance and Reporting
Exiger ensures compliance with legal regulations and provides robust reporting capabilities. The platform helps in meeting regulatory requirements and maintaining auditable records, which is crucial for risk and compliance teams.
ESG and Cyber Risk Management
The platform includes specialized tools for managing ESG and cyber risks within the supply chain. This is particularly important for maintaining supply chain resilience and protecting against modern threats such as cybersecurity breaches and ESG non-compliance.
In summary, Exiger’s supply chain management solution is a powerful tool that combines advanced technology, AI-driven insights, and practical expertise to help organizations manage and mitigate risks across their entire supply chain. Its comprehensive features and user-friendly interface make it an invaluable asset for ensuring supply chain visibility, resilience, and compliance.