DHL has launched Resilience360 Analytics, a tool which streamlines and consolidates data from existing modules to provide further insights through the group’s Resilience360 cloud-based risk management platform and early warning system.

According to DHL, Resilience360 Analytics combines years of systematically collected supply chain data with some of the most comprehensive risk databases available on the market. It also combines DHL’s Risk Exposure Index, a weighted index across more than 30 risk categories, with customer supply chain and business impact data to provide predictions of potential obstacles. The visualizations of the analyzed and consolidated data provide businesses with a clearer view into their supply chains.

“As global businesses are growing rapidly while supply chains are becoming more complex, it is crucial for our customers to detect future obstacles along the supply chain and take early actions to mitigate business risks,” said Tobias Larsson, head of Resilience360 at DHL Customer Solutions & Innovation.

The new module is able to provide insights such as risk profile comparisons, early warnings of incidents, sector-specific analysis based on unique risk profiles of geographically mapped supplier production locations, risk bottlenecks in supply chains based on user feedback on registered incidents that have had impact on nodes, as well as supply chain pain points by combining historic and forward-looking risk information with supplier data.

“Utilizing the new analytical tool and methods now gives us the basis to develop regression and predictive models, further enhancing our solutions in the area of risk mitigation,” said Rick Tillenburg, senior customer operations analyst at Resilience360. “Together with the Deutsche Post DHL Data Science teams, we are currently looking into alternative re-routing suggestions as well as shipment delay predictions, to forecast the likelihood and the potential duration of shipment disruptions for risk events along transportation hubs using millions of historic DHL shipment data sets.”

For example, the new module shows that the automotive and aerospace industries are 16.6% and 4% below the average risk profile, while chemicals and technology have a substantially higher risk profile at 8% and 10% above the average respectively, according to DHL.