1397: AI Powered Supply Chain Risk Management - a podcast by Neil C. Hughes

Jennifer Bisceglie is the founder and CEO of Interos, an AI-powered multi-tier, multi-factor risk management platform that helps customers understand risk in their multi-tier, global supply chains. With a team of analysts, Interos researched and assessed individual suppliers, providing customers complete supply chain maps, identifying risks, and alerting businesses to areas that required attention.

Keeping pace with the growing complexity of global supply chains required finding a faster way to keep pace with the complex risk-influencing events that occur every day. In 2015 the company took a massive leap forward, embracing the power of emerging technology and beginning development of an automated platform that would provide multi-tier, multi-factor risk scoring on a continuous basis.

Today their knowledge graph contains and analyzes information on over 50 million relationships, making it the world’s largest company database. Using this technology coupled with natural language processing, and machine learning, Interos ingests over 85,000 information feeds, processing 250 million risk events per month.

Interos instantly visualizes the most complex multi-tier, 3rd party relationships updating and alerting to changes in risk along five factors– financial, geographic, compliance, cyber and strategic.

With 25 years of industry experience managing risk in the global economy, Jennifer leads the company in helping F500 companies and major government entities assess risk factors through automating the discovery and response to third-party risk in every tier of global supply chains.

Before Interos's use of AI, the ability for real-time, continuous monitoring of the health and stability of a company's hundreds of thousands of business partners was near impossible. The company has seen exponential growth as a result of its innovative approach to automation, achieving 961% revenue growth since January 2019.

Evident through Interos's 500% increase in inbound requests since March 2020, the onset of COVID-19 has driven a greater need for visibility into risk - a level of visibility that can only be achieved through the use of technology.

As a woman business owner, Jennifer is also a long-time advocate for empowering other female entrepreneurs, working on behalf of organizations including Women Impacting Public Policy (WIPP), where she served as a chairperson from 2010 – 2016. Jennifer was also previously selected as the U.S. delegate to the W(omen’s) 20, an engagement group to the G20 focused on addressing gender inequality.

 

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