Partnership seamlessly integrates expert advisory services with cutting-edge risk management technology, fortifying supply chains in the face of growing regulatory pressure
SAN MARCOS, Calif. – March 12, 2024– Everstream Analytics, the global supply chain insights and risk analytics company, today announced a strategic partnership with BearingPoint, an esteemed provider of supply chain resilience advisory services. This partnership integrates Everstream’s AI-powered analytics and advanced risk monitoring technologies, including the identification and mapping of sub-tier suppliers with BearingPoint’s unparalleled expertise in strategic process design and organizational capabilities, creating high-performing, compliant, and resilient value chains.
With the rise of supply chain compliance laws, like the German Act on Corporate Due Diligence Obligations in Supply Chains (LKSG), companies are held accountable for verifying their suppliers’ ethical and environmental practices. Everstream and BearingPoint collaborate to provide a comprehensive solution—integrating people, processes, and technology—to assist clients in achieving supply chain compliance, anticipating future regulations, and enhancing overall value chain performance.
“In an environment marked by heightened supply chain disruptions and increased global regulatory scrutiny, companies face challenges in interpreting laws, recognizing risks, and actively monitoring ongoing issues.” explained Mario Di Mascio, VP of European Sales at Everstream. “Our collaboration combines Everstream’s automated multi-tier risk analytics with BearingPoint’s integrated operational approach, empowering global organizations with the tools they need to build and maintain resilient and agile supply chains, ultimately reducing risk and protecting the bottom line.”
BearingPoint leverages its extensive expertise to underscore crucial elements within organizations’ supply chains, focusing on risks, key suppliers, materials, and adherence to corporate sustainability regulations. This approach involves innovating models, processes, and systems to expedite customized Supply Chain Resilience programs, ensuring organizations are not only compliant but also strategically positioned for success.
“In a rapidly changing and more uncertain world, sourcing and supply chain management (SCM) is under more scrutiny than ever. Innovation is crucial to process the phenomenal amount of related data needed and especially provide the required transparency beyond tier 1 suppliers.” explains Ralf Dillmann, Partner at BearingPoint. “Through our partnership with Everstream, we offer our clients a unique blend of risk advisory services and an AI-powered risk management platform to achieve their compliance and resilience objectives.”
To learn more about Everstream’s end-to-end multi-tier supplier visibility solution for corporate due diligence compliance, visit https://www.everstream.ai/solutions/supply-chain-visibility-software/.
About Everstream Analytics:
Everstream Analytics sets the global supply chain standard. Through the application of artificial intelligence and predictive analytics to its vast proprietary dataset, Everstream delivers the predictive insights and risk analytics businesses need for a smarter, more autonomous, and sustainable supply chain. Everstream’s proven solution integrates with procurement, logistics and business continuity platforms generating the complete information, sharper analysis, and accurate predictions required to turn the supply chain into a business asset. To learn more, visit https://www.everstream.ai/.
About BearingPoint:
BearingPoint is an independent management and technology consultancy with European roots and a global reach. The company operates in three business units: Consulting, Products, and Capital. Consulting covers the advisory business with a clear focus on selected business areas. Products provides IP-driven digital assets and managed services for business-critical processes. Capital delivers M&A and transaction services.
BearingPoint’s clients include many of the world’s leading companies and organizations. The firm has a global consulting network with more than 10,000 people and supports clients in over 70 countries, engaging with them to achieve measurable and sustainable success. Visit https://www.bearingpoint.com to learn more.