Supply Chain Managers Gain New Tool to Address Weather-related Risk

Stormpulse, Inc., a weather intelligence company, announced it will expand its focus beyond the tracking of weather related business threats with the launch of “Riskpulse, risk management software as a service (Saas) package.

By ·

Stormpulse, Inc., a weather intelligence company, announced it will expand its focus beyond the tracking of weather related business threats with the launch of “Riskpulse, risk management software as a service (Saas) package.

According to the company, Riskpulse gathers, elevates and visualizes external risk data into one platform, thereby giving shippers the ability to adjust to changing conditions quickly and make critical decisions “on the fly.”

“After seven years of focusing on weather, we recognized that there are many other external factors that affect a company’s supply chain and every day operations,” said Matt Wensing, Stormpulse co-founder and chief executive officer. “We created Riskpulse to help companies struggling with the ‘Big Data’ problem of finding meaning in the numbers. By giving them a simple platform to visualize and interpret the world’s most threatening data in relationship to the things they care about, they can make smart decisions and uncover new opportunities.”

In an interview with SCMR, Wensing says his company is partnering with insurance and third-party logistics providers to address specific verticals.

“Automotive parts and specialized medical devices are especially vulnerable supply chains,” he says. “While many of our existing customers are from the Fortune 500, we are mostly leveraged with mid-market clients.”

Wensing adds that this new offering will enable businesses to identify, quantify, and adapt to external risks including earthquakes, crime, and travel alerts.

With real-time tracking, businesses can visualize their moving assets in relation to threats in a consumable map format. Riskpulse interprets and identifies the most pressing issues and quantifies the data with a unique risk score. The platform is entirely customized to a business’s unique risk profile and emphasizes the opportunities created by uncontrollable threats.


“Using Stormpulse over the past several years has allowed us to consistently stay a step ahead of catastrophic weather events without ever breaking our stride,” says Ravi Singhvi, Risk Placement Services, Inc. vice president of analytics and Stormpulse customer. “Stormpulse keeps us focused on our business in the heat of the moment, so we are able to make highly rewarding decisions; we imagine their expanded focus will translate to expanded opportunities for RPI.”


About the Author

Patrick Burnson, Executive Editor
Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review magazines and web sites. Patrick is a widely-published writer and editor who has spent most of his career covering international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. You can reach him directly at [email protected]

Subscribe to Logistics Management Magazine!

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your entire logistics operation.
Start your FREE subscription today!

Article Topics

All Topics
Latest Whitepaper
The Internet of Things and the Modern Supply Chain
Learn today how the internet of things is transforming supply chain operations.
Download Today!
From the February 2017 Issue
As the new administration sends waves of uncertainly through the global trade community, this could be the best time ever for shippers to build an investment case for GTM. Here are five trends you need to watch if you’re about to put these savvy systems to work
Carrier Consolidation Keeps Shippers Guessing
Getting Value from the Cloud
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
Advance your career with the fastest growing logistics certification – APICS CLTD
During this webcast presenters will give an overview of APICS and the new Certified in Logistics, Transportation and Distribution (CLTD) designation. Learn how the CLTD program can help you stay on top of current trends and advance your career.
Register Today!
EDITORS' PICKS
ASEAN Logistics: Building Collectively
While most of the world withdraws inward, Southeast Asia is practicing effective cooperation between...
2017 Rate Outlook: Will the pieces fall into place?
Trade and transport analysts see a turnaround in last year’s negative market outlook, but as...

Logistics Management’s Top Logistics News Stories 2016
From mergers and acquisitions to regulation changes, Logistics Management has compiled the most...
Making the TMS Decision: Ariens Finds Just the Right Fit
The third time is the charm for this U.S. manufacturer on the hunt for a third-party logistics (3PL)...