The cloud-based risk management provider DHL Resilience 360 helps DHL to prevent disruptions in the supply chain, using its weather tracking data. DHL Resilience 360 helps other companies avert disruptions from the hurricane season as well.
A new and improved alerting and tracking capability is being launched by the DHL Resilience360 team. The hurricane is being analysed by an algorithm that projects its path and will notify a business of the possible impact it will have on their supply chain.
This allows companies to come up with solutions regarding producing and delivering to consumers. As peak seasons are different for every retailer, this tool could benefit during a peak as they can adapt their logistic infrastructure.
These improved forecasts have the ability to predict the path of a hurricane 3 to 5 days in advance. This allows companies time to adapt and respond before the actual occurrence of a disruption.
However, exact predictions of when and where a natural disaster will hit is difficult. Business can therefore take long-term precautions as well. Short-term solutions are for example: stocking up on materials, creating continuity plans and ensuring communication (in case of a power outage).
In the long-term, companies could establish partnerships, diversify their network and applying visibility tools can influence the effect of a hurricane.
DHL’s team of risk management experts use real-time information gained from meteorological organisations, advanced mapping techniques and the Resilience360 tool to identify storms and disasters.