PRLog (Press Release) – Jul 12, 2011
– Gary Bahadur, CEO of Razient, (http://www.wiretoss.com), has announced the launch of the firm’s new global incident and supplier compliance tracker, Razient v1.0.  The application, offered as a Software as a Service (SaaS) model, assists companies with quick and timely identification and tracking of incidents and compliance risks that adversely affect their supply chain management processes.

“Our unique global incident tracking / compliance solution gives
companies visibility into the global disasters that can ruin their supply chain on a daily basis, in one unified database” said Bahadur.

Disasters happen at any time and without warning, throwing businesses into complete disarray – let alone day-to-day disruptions to the supply chain management process. Razient identifies and tracks disasters, risk potential and the company’s vendors to assist businesses in keeping
their products flowing to market. Razient has daily reports on global incidents that other services don’t. The system is offered as software as a service and offers a free version that can track up to 25 company, customer and supplier locations.

Razient tracks key areas, including raw materials, inventories of works in progress, finished goods and support services.

In a global market, the supply chain risk management process has
become more tightly integrated than ever before. A single problem can result in a disruption of services adversely impacts financial and logistical areas, as well as the operational and production process.

Razient provides the means for businesses to monitor risks specific to their individual companies, allowing them to act before a problem arises and be ahead of the curve.

Razient provides incident management through the tracking of each
supplier within a network, its location and associated risk of global threats. The firm monitors over 100 types of incidents that potentially impact to a company’s supply chain. With the use of Razient, Supply Chain professionals can mobilize quickly and mitigate the loss of valuable time spent collecting data before they are able to react Examples of the global incident mapping of risks include acts of terrorism, earthquakes, fires, floods, riots and train collisions, hurricanes, power outages, bridge collapses and more, which can all be detected and monitored.

In-depth reports can be generated in cities and countries worldwide and distributed to individual vendors that will be impacted most by any given incident. Clients can quickly search specific areas and generate relevant reports.

For more information, visit the website at http://www.wiretoss.com