The collaboration provides a monthly predictive outlook on global geopolitical, technology and climate risk megatrends to shape the future of advanced manufacturing and value chains
SAN MARCOS, CA January 16, 2023—(BUSINESS WIRE)–Everstream Analytics, the global supply chain insights and risk analysis company, announced today that its proprietary data has been included in the World Economic Forum’s Value Chain Barometer in collaboration with Kearney, for to help manufacturing and supply chain companies and governments anticipate and manage supply chain risk and disruption.
Global value chains are becoming increasingly volatile due to ongoing disruptive forces, including climate change, pandemics and geopolitical tensions. The resulting negative impact on manufacturing and production creates a ripple effect on economies, people and humanitarian efforts. The World Economic Forum, in collaboration with Kearney, has developed The Resiliency Compass, a framework that helps manufacturing organizations build and scale resilience around eight dimensions. To provide manufacturing and supply chain executives with regular updates on levels of disruption and related leadership strategies around the Compass, the World Economic Forum worked with its community to develop the Global Value Chain Barometer.
The Global Value Chain Barometer provides an overview of the most impactful disruptions and a strategic outlook for the next six months to support value chain actors in identifying potential vulnerabilities, choosing appropriate strategies to proactively build long-term resilience, as well as informing long-term a term imperative that would help businesses and policy-makers to be resilient in value chains in the future. Based on monthly analysis of billions of data points provided by Everstream, disruptive events are identified through artificial intelligence before being evaluated and enriched by Everstream’s risk analysts. The barometer organizes the data by type of risk event, geographic scope, expected disruptive impact, and severity of disruption. The World Economic Forum, in collaboration with Kearney, conducted interviews with senior executives from various industries to discuss and refine the content and format of the Global Value Chain Barometer.
“Some of the most significant operational disruptions are caused by disruptive events occurring deep in the value chain,” said Julie Gerdeman, CEO of Eversteam Analytics. “The ability to visualize and anticipate risk within today’s complex, interconnected and often opaque supply networks is a mission and business critical imperative. Everstream is proud to work alongside Kearney and the WEF to provide companies and governments with greater visibility into risk and disruption levels to protect and strengthen value chains globally.”
Francisco Betti, Head of the World Economic Forum’s Shaping the Future of Advanced Manufacturing & Value Chains platform, added: “The Global Value Chain Barometer is an affordable way for manufacturing and supply chain leaders to understand current disruptions and identify the right strategies regarding the dimensions of The Resiliency Compass to address the challenges of the near future. We believe this will help manufacturers around the world continuously adapt to a dynamic landscape and proactively build resilience.”
“Leading companies that excel and win in today’s volatile business environment make it second nature to understand disruptions, proactively address vulnerabilities and ensure that resilience is a cornerstone of their strategies. The Global Value Chain Barometer will serve as another resource to help them take these crucial steps,” said Per Hong, Partner in Kearney’s Strategic Operations Practice and Leader of the Kearney & WEF Manufacturing Collaboration.
For more information on the Value Chain Barometer, visit the forum blog post.
About Everstream Analytics
Everstream Analytics sets the global standard for supply chain. By applying artificial intelligence and predictive analytics to its massive private data set, Everstream provides the predictive insights and risk analytics businesses need for a smarter, more autonomous and resilient supply chain. Everstream’s proven solution integrates with supply chain, logistics and business continuity platforms, generating the complete information, more accurate analysis and accurate forecasts needed to turn the supply chain into a business asset. To learn more, visit https://www.everstream.ai/.
About the World Economic Forum
The World Economic Forum, which is committed to improving the state of the world, is the International Organization for Public-Private Cooperation. The Forum engages leading political, business and other societal leaders to shape global, regional and industry agendas. (www.weforum.org).
About Kearney
Kearney is a leading global management consulting firm with more than 4,200 people working in more than 40 countries. Kearney works with more than three-quarters of the Fortune Global 500, as well as the most influential government and nonprofit organizations. (www.kearney.com).
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Contacts
Alison Stokes
fama PR for Everstream Analytics
[email protected]
