Share this article
01. 02. 2021

SAP Ariba: Supplier Risk Management

The Challenge

SAP Ariba is the biggest business commerce platform in the world, powering more than $3 trillion in commerce annually. To increase its value proposition, SAP engaged Semantic Visions to create a supply-chain risk-detection tool that could give its customers real-time insights into the activities of more than 4 million buyers and suppliers around the world.

Developing such a solution is a major technological challenge. Given the scale of SAP’s business and the necessity of continuous monitoring, we needed to build a system that could protect customers from exposure to reputational, compliance, financial, sustainability, and operational risks. This required software that could monitor and detect threats before they materialize, and to track the activities of small suppliers, which can be difficult to identify accurately. 

Moreover, to identify risks at their source, we needed to make the solution global to capture and analyze online content in as many languages as possible.  

The Solution

To overcome the significant technical challenge of distinguishing signal from noise, we used our proprietary AI solution based on advanced semantic analysis (ASA) and big data semantics (BDS) to analyze billions of online news sources collected with our military-grade Open-Source Intelligence system. ASA generates granular and precise metadata based on a cross-language principle, while BDS synthesizes scenarios into events, sentiment, context, and entities (like location, organization, company, and people). The resulting platform helps SAP clients monitor risks across a dozen major world languages in real time.

Our solution has an additional advantage over traditional risk registries: unparalleled supplier insight. Because most of the companies contracted by SAP clients are small and medium-sized enterprises operating under the same name but in different industries, geographies, and jurisdictions, it can be difficult to monitor their activities. Our tool solves this challenge by collecting huge troves of data in multiple languages, pulling back the curtain on even the darkest corners of the global supply chain.

The Result

Today, our SAP Ariba Supplier Risk solution is used by hundreds of the world’s largest multinational corporations, including Fortune 500s, helping SAP’s clients make due diligence a key piece of the procurement process. With Semantic Visions’ supply chain risk tool, clients are avoiding unnecessary disruptions, protecting revenue and reputation, and ensuring that ethical and business insights are driving global supply chains.

Read next

Leveraging Open Source Intelligence for Improved Supply Chain Risk Management
14. 02. 2024

Leveraging Open Source Intelligence for Improved Supply Chain Risk Management

Unlock the secrets to fortified supply chain resilience with our latest white paper, "Leveraging Open Source Intelligence for Improved Supply Chain Risk Management." Delve into the dynamic landscape of global supply chains, addressing regulatory compliance, Brexit, COVID-19, and geopolitical conflicts.

Read more
The Dark Underbelly of Audiovisual AI
12. 02. 2024

The Dark Underbelly of Audiovisual AI

The World Economic Forum’s Global Risks Report highlighted a significant immediate risk: the proliferation of false information through artificial intelligence (AI). Released before the annual Davos gathering, the report emphasized the challenges posed by AI-generated...

Read more
Analysis: The number of cyberattacks on Czech banks increased 5 times in the last year, with 131 incidents recorded last year
05. 02. 2024

Analysis: The number of cyberattacks on Czech banks increased 5 times in the last year, with 131 incidents recorded last year

The number of cyberattacks or serious threats directed at Czech banking institutions reached 131 last year. This is the highest number in history, compared to 26 in 2022, and it increased fivefold. This is mainly...

Read more
TOP 5 Media Highlights from Davos 2024
01. 02. 2024

TOP 5 Media Highlights from Davos 2024

The predominant focus in discussions at DAVOS revolved around the vulnerabilities within the global supply chain, a subject underscored prominently by all involved. In his address, the Chinese Premier highlighted trade barriers, emphasizing their pivotal...

Read more
Future-Proofing Financial Institutions: The Power of Early Warning System Solutions in Risk Management
24. 01. 2024

Future-Proofing Financial Institutions: The Power of Early Warning System Solutions in Risk Management

Early Warning Systems (EWS), as a cutting-edge technological solution poised to revolutionise traditional credit monitoring practices, Early Warning Systems serve as a crucial tool for identifying risks associated with biased or subjective decision-making, offering a...

Read more
Overview of the 3 leading publicly traded automakers by revenue in 2023
19. 01. 2024

Overview of the 3 leading publicly traded automakers by revenue in 2023

In this analysis, Semantic Visions provide a deep dive into these challenges in relation to the top three publicly traded automakers by revenue - Volkswagen, Toyota, and Ford, who faced considerable disruptions in 2023.

Read more
S&P 500 ESG Violations Spotlight on Alphabet, Amazon, and Meta in 2023
02. 01. 2024

S&P 500 ESG Violations Spotlight on Alphabet, Amazon, and Meta in 2023

In the current dynamic business world embedding Environmental, Social, and Governance (ESG) principles into company policies is increasingly critical. This shift reflects a growing awareness among investors, consumers, and regulatory bodies about the impact of...

Read more
AI in Healthcare: Successes, Pitfalls, and Lessons
18. 12. 2023

AI in Healthcare: Successes, Pitfalls, and Lessons

The COVID-19 pandemic has undeniably acted as a catalyst for the advancement and widespread adoption of digital technology and AI-based health solutions. The imperatives of remote care, swift diagnostics, and effective treatment strategies have created...

Read more

Ready to see it in action?

Request a demo