Neo Group Launches "Global Supply Risk Monitor" For Proactive Global Sourcing Risk Management

Online, September 14, 2011 (Newswire.com) - 'Global Supply Risk Monitor', (www.GlobalSupplyRiskMonitor.com), a unique risk management system exclusively created for the global sourcing (services outsourcing) industry, was launched this week by the leading sourcing advisory firm - Neo Group Inc. (www.neogroup.com).

"Global Supply Risk Monitor is the global services outsourcing industry's first ever comprehensive risk management system to proactively identify, monitor and report services supply chain risks, ensuring global corporations can sustain, and further the gains from outsourcing." said Neo Group Chairman, Atul Vashistha. "Global Supply Risk Monitor is a unique web-based product that enables clients to monitor, predict and manage various risks in their services supply chain (captive centers and outsourced services such as ITO, BPO, KPO) across 50+ countries, 100+ cities and 500+ suppliers, in real-time! New locations and suppliers are being added on a daily basis."

Neo Group, through its 12+ years of global services industry experience and expertise, understood fully that the need of the hour was a proactive and effective risk-monitoring system to monitor various global risks continuously in order to help sourcing, risk and operations leaders take better and informed decisions. Global Supply Risk Monitor was developed through extensive interactions with top industry leaders and immense research, to continuously monitor global risks at Country, City and Supplier levels; giving global leaders the ability to predict the occurrence of risks in future, thereby helping them manage their global operations much more effectively with extensive analysis to take real and informed decisions. It's a new phase in the risk management philosophy that highlights the need to also monitor locations and not just the suppliers.

"Global Supply Risk Monitor has been in the market in a stealth-mode for the past year and has had tremendous ROI for the existing clients, across various industries" said Head - Marketing, Sudeep Misra. "It is fully ready for the market now. Current clients who have used this service for over a year and helped us improve the product include global leaders from financial services, high-tech, semi-conductor, life sciences and consumer products."

For more information, please check www.GlobalSupplyRiskMonitor.com. You can also contact Sudeep Misra at [email protected] or +1 415 839 8050 for further details.