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Resilient supply chain solution: Bureau Veritas Group completes Supply-R pilot with Shell

May 10 2021

Bureau Veritas and the energy and petrochemicals corporation Shell announce the successful completion of their Supply-R pilot, which was carried out in the first quarter of 2021

Supply-R, a risk management solution for monitoring supply chains, was developed and launched by Bureau Veritas in 2020. It is a digital platform that helps to improve the responsiveness and reliability of supply chains.

Together with Shell, the Bureau Veritas Group's first Supply-R project has now been successfully completed. The pilot phase was designed to gradually roll out the solution, customise it and develop dashboards that are helpful for both operational teams and senior management.

"Today, companies want to consider the full picture of predictable risks related to their supply chains, taking into account the fact that external factors can create disruption. They need to build and implement new processes that can fix past problems and position their organizations to operate smoothly in the future. With Supply-R, we are offering a customizable modular structure that addresses critical elements for a resilient supply chain, such as business continuity, technical capabilities, HSE, data integrity & information security and logistic & inventory practices", explains Bruno Ferreyra, Oil & Gas Global Service Line Leader at Bureau Veritas.

He adds: "We are very happy to have completed our very first pilot project with Shell with a constructive and collaborative approach that has confirmed the potential of our solution."

CREATION OF AN INDIVIDUAL RISK PROFILE

Bureau Veritas conducted several independent on-site audits in international factories for several product lines that are supplied to Shell as part of the project. The outcome of the pilot was a risk index and an online dashboard that visualises the risk profiles of individual suppliers and presents an overall assessment against a resilience index. This allowed Shell to identify areas of optimisation along the supply chain.

About Supply-R

Supply-R is a digital platform and supply chain risk management solution that helps companies assess whether their supply chains are agile and resilient enough to handle major disruptions and failures.

To do this, Supply-R maps companies' supply chains, giving them complete control over their production. This not only improves responsiveness and reliability from the various sources of supply, but also maintains business continuity.

With Supply-R, an individual supply chain risk assessment is carried out based on field data collected during independent on-site verifications of critical suppliers. All information is collected and consolidated via a digital platform, providing full visibility at the required level of detail. This helps to minimise the risk of bottlenecks.

FOR MORE INFORMATION ON SUPPLY-R, CLICK HERE:

Bureau Veritas supports the implementation and realisation of risk management solutions for supply chain monitoring with a global network of experts. Would you like to learn more about our solutions for a resilient supply chain? Then feel free to send us your message.