Eka Software Solutions, a cloud platform for commodity management, has released a free app designed to help customers quickly gain visibility into supply chain risks to better assess and mitigate risk.
The Eka Covid-19 risk monitoring app provides specific insights into the impact of Covid-19 by showing a company’s contract position across countries with reported cases of the virus. Based on company data, the app instantly visualises contracts at risk and provides businesses with the ability to identify alternate suppliers to maintain business continuity.
Manav Garg, CEO and founder of Eka Software Solutions, said: “Businesses are facing unparalleled challenges as governments make unprecedented decisions on how to contain the virus and protect their citizens, clients and family members. We are committed to helping commodity businesses through this period of intense disruption.
“As soon as we realised the impact of the virus, we turned our resources to create a new app to help mitigate the risk to businesses and supply chains. Our new risk monitoring app is available free for 90 days.”
The app quickly and securely imports real-time information relating to the virus outbreak from trusted sources. This lets customers continuously assess the risks the virus is presenting to their businesses and provides real-time information about the impact to inventory, purchase and sales contracts across geographies, commodities, business partners, customers and suppliers.
Other insights include total contract value by supplier and customer along with purchase, sales and inventory quantity and value in risk areas. Users get a clear overview of the level of risk to their supply chain and can drill down to look at specific regions, projects or contracts in more detail.
More information at https://www.ekaplus.com/covid-risk-monitoring-app/