Early Warning System
The Early Warning System detects conditions that may pose risks in the supply chain in advance and alerts procurement teams.
Solidra's Early Warning System monitors changes in supplier performance, contract terms, and market conditions to notify potential risks in advance.
How Does It Work in Solidra?
- 1Step 1
Supplier performance and delivery data are continuously monitored
- 2Step 2
Contract end dates and critical thresholds are defined
- 3Step 3
An automatic alert is generated when defined risk conditions occur
- 4Step 4
Alerts are routed to the relevant procurement teams
Key Features
- Real-time risk monitoring
- Automatic alert and notification mechanism
- Contract and delivery term tracking
- Supplier risk scoring
- Customizable alert thresholds
See Solidra in your own processes
Talk to our team and let's plan the setup that best fits your procurement.