The Risk Assessment Platform is designed to provide a comprehensive evaluation of supply chain risks by combining data from vetted third-party databases and proprietary RBA assessments. This platform utilizes a multi-step process to generate a risk score that aids companies in identifying and mitigating potential risks in their supply chains. Below is an overview of the key components and process of the Risk Assessment Platform:

1. External Risk Indicators:
The platform leverages data from global indices such as the World Governance Indicators,  Global Slavery Index, and Environmental indices. By incorporating these external risk indicators, the platform provides a broader perspective on potential risks that may affect the supply chain, keeping you informed and aware.

2. Internal Management Systems:
Evaluations are based on the company’s internal practices and responses to the Self-Assessment Questionnaire (SAQ). This step enables the platform to assess the company's internal processes and practices, providing a more holistic view of potential risks within the supply chain.

3. Dynamic Scoring Algorithm:
The platform utilizes a dynamic scoring algorithm that integrates both external and internal data, providing high-confidence scores for each rating. By combining external risk indicators and internal management systems, the platform generates comprehensive risk scores that reflect the overall risk profile of the supply chain.

These components collectively provide a robust risk assessment score, empowering companies to make informed decisions and take proactive measures to address supply chain risks. By utilizing the Risk Assessment Platform, businesses can identify potential vulnerabilities within their supply chains and implement targeted strategies to enhance risk management practices, putting them in control of their supply chain risks.

We invite you to visit the RBA Risk Assessment Platform for more detailed information on the Risk Assessment Platform and how it can benefit your supply chain management.

We hope this information helps you better understand the Risk Assessment Platform and its role in managing supply chain risks effectively. If you have any further questions or need assistance, please do not hesitate to reach out to us.