SAP ups he ante with its governance, risk and compliance suite

Narina Sippy, senior vice president and general manager of GRC Solutions in SAP's BusinessObjects division, says that, when combined with SAP Business Objects Risk Management, it automates regulatory compliance, particularly across logistics and order fulfilment – and thus improves supply chain risk management. Sippy suggests that supply chain and logistics professionals are looking for solutions to help them increase their control over risk factors that impact operational efficiency. And she adds that visibility and management of global trade risk factors and performance issues are key to that. "SAP recognises that a company's ability to meet its corporate objectives – ranging from revenue, to customer satisfaction, to sustainability goals – may hinge on how well it can identify and mitigate supply chain risk," she says. "That's why the SAP BusinessObjects GRC offerings are designed to help proactively flag supply chain risks and vulnerabilities – empowering business users with the information they need to help develop an immediate plan." Analysts agree. "The world's economies have become simultaneously more integrated and uncertain as companies have expanded the geographic scope of their sourcing and addressable markets," comments Mark Smith, CEO of Ventana Research. "That's why businesses are examining SAP for better visibility into increasingly complex, geographically dispersed supply chains. Solutions from vendors like SAP can help organisations spot potential risks before they become problems." "With the insight provided by our solutions, companies may develop more risk-aware, productive business strategies and promote consistent execution upon them," says Sippy.