Third Party Intelligence (3PI)
Proactively counter your risks in the supply chain
Risks within the supplier network
can quickly endanger the commissioning companies. The 3PI tool
from KPMG can support you in
undertaking sustainable monitoring throughout the supply chain
and more effectively managing
your risks.
The utilisation of specific technologies is able to
offer valuable assistance in the comprehensive
monitoring of the whole supply chain.
Are you facing the following situation?
üüYou want to avoid operational interruptions
and guarantee a smooth-running business.
üüYou consider supplier risk management to
be critical, but you have experienced major
disruptions in your supply chain in the last
two years?
üüYou have defined a new strategy or initiated
new programmes in risk management, but
require implementation support.
The challenge
Changing market conditions such as intensifying
glo­bal competition, stronger regulatory requirements and evolving customer expectations increase
the complexity of the supplier network and risk
exposure of commissioning companies. Especially
those companies that have international footprints
and risk-sensitive supply chains or those subject to
a quickly changing environment in both supply and
demand markets are facing big challenges. The fact
of the matter is, they need to continuously examine
the risk position of their suppliers, contractors, service providers, alliance partners as well as own subsidiaries and associates and to implement an effective risk management concept for their supply chain.
Common obstacles include limited access to a
complete and valid data basis, narrow focus in
observation of risk categories (for example concentrate solely on financial risks), lack of transparency
upstream beyond tier-one suppliers and costly data
processing and risk assessment due to lower
degree of automation.
üüYou want to filter out the business critical
data from an extensive and complex network without incurring great effort.
üüYou have to derive optimal decisions from
unstructured data for your company.
Our services
To specifically address these challenges, KPMG
developed a tailored tool, Third Party Intelligence
(3PI) to help our clients identify risks in contract
partners at an early stage and effectively monitor
financial and geopolitical risks. Offered in the form
of ‘Software-as-a-Service’ (SaaS), this cross-industry technology solution requires no system implementation and is internationally accessible in realtime through the internet.
Through a clearly defined process in three steps —
Access, Analysis and Action — the 3PI tool
­enables identification of potential risks along the
whole supply chain.
1
Access — Seamless and efficient data acqui­
sition process that gives access to public and
­private companies and their associated internal
financial and external geopolitical risk factors
2
Analysis — Comprehensive forecasting capabil­
ities reach beyond traditional likelihood vs.
impact dimensions to incorporate the velocity,
relatedness and segmentation of risk factors
3
Action — Advance warning of threats in your
network of third parties and their nature gives
you time to avoid or mitigate disruption
Three steps to efficient risk transparency
1
2
3
Access
Definition
of Structure
Analysis
Data Collection/
Calculation
Action
Dashboard
and Review
7%
Third Party Intelligence (3PI) (sample pages)
© 2016 KPMG, Germany
Contact
KPMG AG
Wirtschaftsprüfungsgesellschaft
Barbarossaplatz 1a
50674 Cologne, Germany
Dr Marcus Schüller
Partner, Head of Operations Consulting
T +49 221 2073-1100
[email protected]
40%
7%
Dr Christopher A. Hoeckel
Senior Manager, Operations Consulting
T +49 89 9282-1499
[email protected]
Risk score
Financial data
Threats
KPI group
Geopolitical risks
Potential risks
KPI
Further risks
No risks
© 2016 KPMG, Germany
3PI — essential data and facts in overview
–– Captured relevant data for already 10,000+ companies in 90 countries (70 per cent are private
companies and 40 per cent are outside of the
USA)
–– 12 purchasing commodities with unique risk
profiles
–– Application of 20 geopolitical risk factors
­impacting 48 countries and 100 financial KPIs
–– Analysis of millions of news sources and social
feeds round the clock (24/7)
–– Up to 16-week advance threat projections for
more time ahead of cost-intensive disruptions
in business operations
www.kpmg.de
www.kpmg.de/socialmedia
Best positioned for you
Our cross-functional team with acknowledged specialists is at your service for your questions around
­topics concerning the risk management of the supplier network. You will benefit from the combination
of advanced technology with professional know-­
how, profound consulting experiences and solution
expertise. We are happy to answer any further
information inquiries or questions to our Third Party
Intelligence tool. Please feel free to contact us!
The information contained herein is of a general nature and is not intended to address
the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information
is accurate as of the date it is received or that it will continue to be accurate in the
future. No one should act on such information without appropriate professional advice
after a thorough examination of the particular situation.
© 2016 KPMG AG Wirtschaftsprüfungsgesellschaft, a member firm of the KPMG
­n etwork of independent member firms affiliated with KPMG International Cooperative
(“KPMG International”), a Swiss entity. All rights reserved. The KPMG name and logo
are ­r egistered trademarks of KPMG International.