Achilles Information, the global leader and partner of choice for supply chain risk and performance management, today launches the Achilles Supply Chain Risk Index (ASCRI), a time series index measuring quarterly changes in supply chain risk. The index brings data from across Achilles’ global network of customers together with information such as shipping and sentiment data. To be published quarterly, the ASCRI measures underlying supply chain risk by country across six categories: economic, environmental, labour practices, legal and governance, resilience and safety and security
An index value of 100 indicates virtually no supply chain risk, and an index value of 1 indicates an extremely high risk of disruption. The most recent data points to slight increase in supply chain risk in the first quarter of 2021, measuring 56.1 for the three months ending in March 2021, as compared to a preliminary reading of 57.5 in the fourth quarter of 2020.
Jay Katzen, CEO, Achilles commented; “I’m delighted to be launching the Achilles Supply Chain Risk Index, at a time when risk management in supply chains has never been more vital or complex. In bringing together Achilles data with other global trends and statistics, and overlaying our expertise to extract useful insight, we’ve created an indispensable tool for everyone involved in supply chain risk and performance management.”
Katie Tamblin, CPO, Achilles, and author of the report commented; “This is a critical time to be analysing risk in the supply chain, and I believe this index has never been more necessary. As global events continue to seriously impact supply chains, our evaluation and analysis of extensive data within the Achilles Supply Chain Risk Index will help businesses better understand the impact and make more informed decisions to reduce risk and improve operational performance.”
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Global Head of Corporate Communications & Events